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The economy in the U.S. expanded less than previously estimated in the third quarter, reflecting a drop in inventories that points to a pickup in growth as 2011 comes to a close.
Read more on U.S. Is Set for Fourth-Quarter Growth Pickup on Lower Inventories: Economy…
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The average interest rate on mortgages sold to the government-sponsored enterprises fell 20 basis points to 4.36% in October, the Federal Housing Finance Agency said.
The agency bases its average rates on conventional, 30-year, fixed-rate mortgage purchases of $417,000 or less.
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NEW YORK (CNNMoney) — The number of banks at risk of failing fell in the third quarter, marking the second straight quarterly decline, according to a government report issued Tuesday.
Looking to purchase a home?
Want to make improvements to your current residence?
Having trouble making mortgage payments?
Visit the free South Bay Homeownership Resource Fair at Chula Vista City Hall, 276 Fourth Avenue on Saturday, October 29. The event, scheduled from 10 a.m. to 2 p.m., is sponsored by the Pacific Southwest Association of Realtors (PSAR) and the Housing Opportunities Collaborative (HOC).
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RealtyBaron, an auction-based property search site that also offers agent referrals, has launched an application for the social networking site Facebook, the site announced this week.
Called “Real Estate Answers,” the app allows users to ask real estate questions, get answers from local agents, and publish questions to their news feed. According to the site, the three most common questions consumers ask about their local market are:
Read more on New Facebook app features Q-and-A with real estate agents…
Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which shows fixed mortgage rates holding steady amid mixed economic reports and some signs of improvement in the housing market. The 5-year adjustable-rate mortgage hit a new record low at 3.22 percent, dropping below the previous record of 3.25 percent set November 11, 2010.
Read more on Mortgage Rates Mixed; 30-Year Fixed Continues To Hold Steady…
Mid year thru 2011, San Miguel Ranch and the Zip Code 91914 boasts the most expensive Real Estate in the Eastlake area according to SANDICOR, San Diego’s Multiple Listing Service.
Looking at all residential detached homes since January 1st, 2011, 1855 Camino Mojave sold for $800,000 on May 13, 2011.
Read more on San Miguel Ranch Ranks As Most Expensive Real Estate Mid Year 2011…
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