You are here: Home \ commercial real estate

From the category archives:

commercial real estate

Fannie, Freddie May Lose Top Credit Rating

by John TayebJuly 20, 2011 commercial real estate

Standard & Poor’s cautioned Fannie Mae and Freddie Mac that they may lose their top credit ratings if lawmakers don’t soon raise the government’s borrowing limit to avoid default. The S&P also said that the government-sponsored enterprises could potentially default on their debts since they are so reliant on the U.S. government for funding. Fannie [...]

0 comments Read the full article →

Bill Calls for Extending Jumbo Loan Limits

by John TayebJuly 19, 2011 commercial real estate

A bill introduced late last week calls for extending the current conforming loan limits on government-backed mortgages at Fannie Mae and Freddie Mac for another two years. The bill, introduced by Rep. John Campbell, R-Calif., and Rep. Gary Ackerman, D-N.Y., would allow the government-sponsored enterprises and the Federal Housing Administration to guarantee or buy mortgages [...]

0 comments Read the full article →

Georgia Real Estate Agent Attacked at Gunpoint

by John TayebJuly 6, 2011 commercial real estate

Police continue to search for a suspect after a real estate agent says she was attacked and robbed at gunpoint last week while working at a leasing office in a new subdivision in Cobb County, Ga. The man entered the leasing office in broad daylight, briefly spoke with the agent, and then robbed her at [...]

1 comment Read the full article →

7 Highest-Performing Major Housing Markets

by Tayeb Realty GroupJune 14, 2011 commercial real estate

Several real estate markets are starting to show signs of improvement with home prices in the last quarter as the industry demonstrates more signs of stabilizing, according to Clear Capital’s latest monthly Home Data Index Market Report. REO saturation rates have improved in the majority of the country’s largest markets. However, many areas are still [...]

0 comments Read the full article →

Good Neighbor Deadline Approaches

by John TayebApril 26, 2011 commercial real estate

Don’t miss this opportunity to nominate your favorite community volunteer for REALTOR® Magazine’s 12th Annual Good Neighbor Awards. The deadline is May 20. Five winners will be announced in the November issue of REALTOR® Magazine. Each winner will be recognized at the 2011 REALTORS® Conference & Expo in Anaheim, Calif., and receive a $10,000 grant [...]

0 comments Read the full article →

Mortgage Rates on the Rise Again This Week

by Tayeb Realty GroupApril 19, 2011 commercial real estate

Mortgage rates continued to slowly inch upward for the fourth consecutive week, according to Freddie Mac’s weekly mortgage market survey. “Although rates on 30-year fixed mortgages have risen four weeks in a row, they have remained below 5 percent for eight straight weeks now, helping to maintain affordability in the housing market,” says Frank Nothaft, [...]

0 comments Read the full article →

Mortgage Rates Continue to Inch Upward

by Tayeb Realty GroupApril 12, 2011 commercial real estate

The 5-year adjustable-rate mortgage also is inching up slightly, averaging 3.72 percent this week from 3.7 percent last week. Overall, “mortgage rates were little changed after an encouraging employment report from the Bureau of Labor Statistics,” says Frank Nothaft, the chief economist at Freddie Mac. The improved job picture could soon provide a boost to [...]

1 comment Read the full article →

Fed to Maintain Stimulus Efforts

by Tayeb Realty GroupMarch 9, 2011 commercial real estate

Experts expect the Federal Reserve to wait for more proof of a self-sustaining economic recovery before scaling back stimulus efforts. Fed officials, meeting March 15, likely will keep short-term interest rates near zero and allow a $600 billion Treasury bond-purchase program to run until June as planned. Fed Chair Ben Bernanke told lawmakers he is [...]

0 comments Read the full article →

Future of 30-Year Mortgages at Risk?

by Tayeb Realty GroupMarch 8, 2011 commercial real estate

Proposals to phase out Fannie Mae and Freddie Mac may make 30-year fixed-rate mortgages harder to find, housing experts say. An outline drafted by the Treasury Department, the Department of Housing and Urban Development, and the White House and circulated last month calls for winding down Fannie and Freddie over the next five to seven [...]

0 comments Read the full article →

Countrywide Accused of ‘Massive Fraud’

by Tayeb Realty GroupJanuary 26, 2011 commercial real estate

Countrywide, which was acquired by Bank of America Inc. in 2008, is being accused of “massive fraud” and misleading investors about mortgage-backed securities, according to a lawsuit filed Monday in the New York State Supreme Court. The investors say they purchased millions of dollars of Countrywide mortgage-backed securities from 2005 to 2007 and believed they [...]

1 comment Read the full article →
Page 1 of 1012345»...Last »