hard money
Home Prices Anticipated to Rise at Fastest Pace Since 1977
Housing prices saw a booming recovery for the first half of 2013, with values increasing nearly 10-percent. Experts note that this gain is the fastest increase to hit the housing market since 1977. The CoreLogic Home Price Index, otherwise known Read MoreCategories: Hard Money Loans
Mortgage Delinquencies Are Declining
Credit Bureau, TransUnion, reports that the nationwide trend in mortgage delinquencies declining continues. The second quarter of 2013 reported that borrowers that were 60 days or more past due on mortgages fell to an astounding 4.09-percent, highlighting delinquencies declining a Read MoreCategories: Hard Money Loans
Housing Recovery Turnaround
The latest real estate news is good for both the U.S. and worldwide economies. After years of being in a slump, the latest reports show that real estate prices are increasing and inventory is decreasing. A boost in the real Read MoreCategories: Hard Money Loans
Federal Housing Office Closures
For people that are seeking in-person assistance from federal housing authorities, June was a discouraging month. The U.S. Department of Housing and Urban Development (HUD) is planning to close 16 field offices. These offices just happen to be located in Read MoreCategories: Hard Money Loans
New Housing Bubble Woes?
As home sales prices continued to increase in May, some experts are expressing concern over this startling surge. In fact, the National Association of Realtors® has said if home building doesn’t increase by 50-percent, we may have yet another housing Read MoreCategories: Hard Money Loans
10 Booming U.S. Cities
Several U.S. cities are starting to see a recovery from the recession that slammed the U.S. economic forecast in 2006. Popular big cities that are recovering include: New York, New York – The largest U.S. city is also the most Read MoreCategories: Hard Money Loans
Mortgage Rates Increase
The trending tide towards decreasing mortgage rates has turned, with May seeing an increase. Mortgage rates were at an all time low in November 2012, which made homebuyers scurry to take advantage of low 3.31-percent rates. With the 30-year-rate being Read MoreCategories: Hard Money Loans
Real Estate News: Sellers in the Drivers’ Seats
When the real estate market plummeted in 2006, sellers found themselves doused with anxiety and financial worries. Within months, the market went from being a seller’s market to one that was dominated by buyers – with buyers calling nearly 100-percent Read MoreCategories: Hard Money Loans
Fast Closings: Hard Money Loans
Hard Money loans have the ability to close FAST when all necessary paperwork is in proper order. This allows a real estate investor to obtain access to and ownership of the property sooner, meaning that further investments can be underway. Read MoreCategories: Hard Money Loans
Private Lenders Bridging Bank Loan Gaps
With the economic downturn and the housing crisis in full swing, many banks are further restricting their lending requirements, tightening their belts in the wake of hand slapping, money losses and angry shareholders. Offering interim bridge loans, hard money lending Read MoreCategories: Hard Money Loans