Archive for the ‘Home Values’ tag
One Quarter of U.S. Homes Sold in Past Year Were at a Loss, Report Says
U.S. home values fell by nearly 10% in the second quarter of 2008,
causing one in four home sales over the past year to be at a loss,
according to a new real estate survey.
Zillow.com, an online real estate community, is reporting that U.S.
home values in the second quarter posted their largest year-over-
year decline in 12 years and are also down 1.7% from the first
quarter…
HELOC Repossession : Why You Should Protect Your "Insurance Policy"
As home values stagnate around the country, mortgage lenders are actively trimming their exposure to home equity. Until recently, they’ve done it one of two ways: They eliminated no downpayment loans (except in rare circumstances) They capped second mortgages (i.e….
Read the full post at http://www.themortgagereports.com
HELOC Repossession : Why You Should Protect Your "Insurance Policy"
As home values stagnate around the country, mortgage lenders are actively trimming their exposure to home equity. Until recently, they’ve done it one of two ways: They eliminated no downpayment loans (except in rare circumstances) They capped second mortgages (i.e….
Read the full post at http://www.themortgagereports.com
