Interest Rate

Real Estate Transactions of Banks

Posted on August 13, 2008 by Rene

Image source: www.co.berks.pa.us The most trend followed today is that National banks are already operating and trying to find a spot in the insurance and securities industries and they are continuing their push to enter into real estate transactions.”? In a 5-3 decision today the Supreme Court ruled that mortgage lending subsidiaries of federally chartered [...]

Posted in Buying or Renting?, Information, Interest Rate, News, Real Estate Agents, Real Estate tips, Report, Valuation | No Comments »

Mortgage Interest Rate Report

Posted on July 3, 2008 by Rene

Since mid-October 2007, interest rates have continued to drop with the average 30-yr fixed rate mortgage recently dancing just around 6%. Analysis It’s a mix-No way can the negative impact that cutbacks in construction of new homes, flat home prices, and the continuous decrease in consumer spending continue to make on the overall economy. Manufacturers [...]

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