by LRA Real Estate Group | Oct 4, 2014
courtesy of Catherine Reagor, The Republic | azcentral.com October 1, 2014 A big reason behind Millennials not jumping into homeownership this year is student loan debt. MONDAY’S NEWS: Phoenix market cools for investors A new study shows 414,000 fewer U.S. homes...
by LRA Real Estate Group | Sep 28, 2013
Helpful information to help you decide if a reverse mortgage is right for you.
by LRA Real Estate Group | Sep 27, 2013
What You Can Do to Improve Your Credit Credit scores, along with your overall income and debt, are big factors in determining whether you’ll qualify for a loan and what your loan terms will be. So, keep your credit score high by doing the following: Check for and...
by LRA Real Estate Group | Feb 8, 2012
Courtesy of Reuters through Yahoo News By Chris Taylor | Reuters – Mon, Jan 30, 2012 Editors Note: LRA Real Estate provides clients with successful property search results. CONTACT US TODAY to find your property! It was just last summer that Charlotte Perkins made the...
by LRA Real Estate Group | Feb 8, 2012
Courtesy of DSNews.com Krista Franks Editors Note: LRA Real Estate provides clients with successful property search results. CONTACT US TODAY to find your property! Capital Economics expects the housing crisis to end this year, according to a report released Tuesday....
by LRA Real Estate Group | Feb 8, 2012
Courtesy of msnbc.com staff and news service reports, LinkedIn Editors Note: LRA Real Estate provides clients with successful property search results. CONTACT US TODAY to find your property! Average on the 30-year home loan slides to 3.87 percent from 3.98 percent The...
by LRA Real Estate Group | May 23, 2011
When it comes to cultivating a credit score, you’ve probably got the good citizen routine down cold. You pay on time, try to wipe out the entire balance every month and never close too many accounts at once. Beyond the basics, though, many consumers are still in...
by LRA Real Estate Group | May 23, 2011
By Julie Schmit, USA TODAY People who default on their mortgages — but no other debts — are not as risky as expected, according to a new study from credit monitor TransUnion. TransUnion’s research shows that those who only default on mortgages are less likely to...
by LRA Real Estate Group | May 11, 2011
By Prashant Gopal – May 10, 2011 Bloomberg News Sue and Douglas Reed knew no bank would give them a mortgage — not with a bankruptcy and two foreclosures fresh in their credit history. They turned to Hilarie Walters, whose childhood home on 15 acres (6...
by LRA Real Estate Group | Apr 30, 2011
By NATHAN BECKER APRIL 28, 2011 Wall Street Journal Mortgage rates declined in the latest week, with the average rate on 30-year fixed-rate mortgages edging lower, according to Freddie Mac’s weekly survey of mortgage rates. “Mortgage rates followed...
by LRA Real Estate Group | Apr 17, 2011
AnnaMaria Andriotis Published April 8, 2011 Wall Street Journal Smart Money For a key to your financial future, $7 to $20 doesn’t seem like much to pay – which is why consumers regularly pony up for a peek at their credit scores. Now a new lawsuit suggests that...
by LRA Real Estate Group | Apr 16, 2011
Wow, can anyone remember 18% mortgage rates under Pres. Jimmy Carter? I can. This is so amazing that rates are STILL under 5%. And some are probably still thinking they are too high! By NATHAN BECKER Mortgage rates rose slightly, with the average rate on 30-year...
by LRA Real Estate Group | Apr 5, 2011
Courtesy of Mortgage Orb The commercial and multifamily markets are healing, the Mortgage Bankers Association (MBA) reports in its Commercial Real Estate/Multifamily Finance Quarterly Data Book for the fourth quarter of 2010. Improved property fundamentals, modest...
by LRA Real Estate Group | Apr 5, 2011
Courtesy of Mortgage Orb Twenty-two percent of people with mortgages are having trouble making their payments, a new Harris Interactive poll finds. That number includes 7% who are having “a great deal of difficulty.” Twenty-one percent those with mortgages...
by LRA Real Estate Group | Feb 26, 2011
by Lisa Gibbs, Money Magazine Saturday, February 26, 2011 via Yahoo Finance When there was easy money to be made in real estate and stocks, mortgage debt seemed like nothing to fear. Now an increasing number of homeowners are wondering if it makes sense to hasten the...
by LRA Real Estate Group | Feb 12, 2011
Feb. 11, 2011 Associated Press WASHINGTON — The Obama administration is laying out three broad options for overhauling the mortgage lending system, but will let Congress make the final decision. The Treasury Department says in a report released Friday that the...
by LRA Real Estate Group | Feb 4, 2011
REAL ESTATE by AnnaMaria Andriotis, Wall Street Journal Once every homeowner’s answer to a cash shortfall, the ability to borrow against your home equity all but disappeared a few years ago right along with, well, home equity. But now, at a growing number of...
by LRA Real Estate Group | Feb 3, 2011
Jan. 31, 2011 Associated Press Arizona Republic WASHINGTON – A leading Republican lawmaker is asking regulators to explain why taxpayers have spent more than $160 million in legal fees to defend the giant mortgage companies Fannie Mae and Freddie Mac and their...
by LRA Real Estate Group | Feb 3, 2011
BY MORTGAGEORB.COM ON MONDAY 31 JANUARY 2011 The U.S. Treasury Department says that permanent modifications executed under the Home Affordable Modification Program (HAMP) are performing well over time. Of HAMP loan mods that became permanent in the fourth quarter of...
by LRA Real Estate Group | Feb 3, 2011
Phoenix Business Journal – by Mike Sunnucks Date: Friday, January 28, 2011 Banks and mortgage lenders are shunning a $125 million foreclosure assistance program started by the state of Arizona in September. Thus far, only one — National Bank of Arizona — has...
