Must-read mortgage & housing links for today.
Posts Tagged ‘Zillow’
Home Price Roundup: Zillow, CoreLogic, Case Shiller, FHFA
Latest home price releases from widely followed sources.
Originations: Why Housing Hasn’t Bottomed
Must-read mortgage and housing links for today.
Hey Zillow & Vera Gibbons: Please Learn The Mortgage Business
Correcting a ‘no-cost refis are a scam’ article on Zillow.
Key Stats From Zillow’s 3Q Home Price Report
All key stats from Zillow’s 3Q home price report.
Originations 7/7: Mark Twain Was All About Money
-Facebook Blows & Twitter Worth At Least $7 billion (TheReformedBroker) -Lautner & Costner In FIELD OF DREAMS 2: NFL LOCKOUT (Video Below) -Mortgage Rate Predictions Next 7 Days (TheMortgageReports) -Mark Twain More Businessman Than Writer (New Republic) -Geithner’s Ridiculous ‘Backup Plan’ (KidDynamitesWorld) -Housing Heats Up In Silicon Valley (SFChronicle) -Zillow Worth $350 million? (InmanNews)
Cash-In Refi Is The New Cash-Out Refi
Below are four current home U.S. price reports, beginning with today’s CoreLogic report. All show lower prices. This coincides with 2011 rate lows, which usually means borrowers can refinance—but not without home equity needed to qualify. Cash-out refinances were the definitive product of a boom era that went bust in mid-2006. Now it’s all about [...]
Jumbo Loan Importance Grows As Fannie & Freddie Trim Loan Limits
It’s almost a certainty that the super-conforming loan level in the higher-priced areas will indeed drop to $625,500 from $729,750 on October 1. Here are new loan limit memos from Fannie Mae and FHFA, and here’s an an MSNBC story on jumbo loan implications. Aventur Partners & Aventur Mortgage Capital are turning some heads in [...]
How To Get A Mortgage: For New AND Experienced Borrowers
Here are some alarming results from an April 2011 Zillow/Ipsos study: 55% of homebuyers don’t know that rates change throughout each day, 37% think getting pre-qualified means they’ve secured financing, and 44% said they’re not confident in their mortgage knowledge nor the mortgage process. So let’s review mortgage basics for new buyers and especially experienced [...]
Originations 5/4: Half Of Hombuyers Don’t Understand Mortgages
Today’s links on uninformed homebuyers, fate of mortgage brokers (and Freddie Mac, and the entire industry), plus a Lamborghini chase! -Homebuyers Lack Essential Knowledge (MortgageOrb from Zillow study) -PIMCO’s Gross Says Bond Yields Might Not Spike (Colin Barr, Fortune) -Freddie Mac capital markets chief resigns (HousingWire) -Can Mortgage Industry Clean Up, Pull Together (Nick Timiraos, [...]
