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Monthly Archives: February 2012
Fannie Mae seeks renters
Fannie Mae is offering 2,500 properties in eight locations across the United States to investors who want to rent them out for a set period of time. The locations are Las Vegas, Phoenix, Los Angeles/Riverside, Atlanta and three Florida regions, … Continue reading
Posted in Economy, Rental
Tagged atlanta, fannie mae, florida, freddie mac, las vegas, los angeles/riverside, phoenix, property management, rentals
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Less banks in trouble
The number of banks at risk of failing fell in the forth quarter and is the third consecutive quarter in which the number declined. The Federal Deposit Insurance Corp. stated that banks are posting their largest loan balance increase … Continue reading
New home sales exceed expectations
On Friday, new home sales exceed projections in the latest government report, this is a sign that the beleaguered housing market is starting to recover. The Census Bureau reported that the pace of new homes sold in January was 321,000 which … Continue reading
30yr mortgage rate rises above record
For the first time in four weeks, the 30 year fixed mortgage rate rose based on improving signs in the housing market. The rate is now 3.95% rather than the record low 3.87% last week, the 15 year rate has … Continue reading
Pride in home ownership
Very rarely will you ever see a home look the same after occupation, sometimes the changes are negative and lower the value of the home, others are positive, raise the value and reflect the pride people have in owning a … Continue reading
Posted in Uncategorized
Tagged before/after, home ownership, home-improvement, pride, remodeling
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Harker Heights gets boost in credit rating
In a time when numerous countries and financial institutions are being downgraded it is nice to see that some cities in America are getting credit boosts. The credit rating agency Standard & Poors upgraded Harker Heights from a AA- to … Continue reading
Posted in Economy, Harker Heights Real Estate
Tagged credit upgrade, economy, Harker Heights, standard & poors
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5 U.S. banks face possible downgrade
The rating agency Moody’s has put 17 global instutions (5 in America) and 114 European banking institutions under review for a possible downgrade. The five U.S. banks are Bank of America, Citigroup, Goldman Sachs, Morgan Stanley and JP Morgan Chase. … Continue reading
Posted in Economy
Tagged bank of america, citigroup, downgrade, goldman sachs, italy, jp morgan chase, moody's, morgan stanley, review, spain, us
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Home for rent
5506 English Oak, Killeen TX 76542 Rent: $1650 Deposit: $1000 Pets: Max 2 at owners discretion, $250 deposit each Sacramento floor plan with three bedrooms downstairs and one upstairs with large loft and bathroom. Two full baths and powder downstairs. … Continue reading
Posted in Killeen Real Estate, Rental
Tagged 1650 rent, home for rent, Killeen, pets allowed
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Banks agree to mortage settlement
Five of the largest banks in the nation agreed to a deal with 49 states settling charges of abusive and negligent foreclosure practices since 2008. The deal was announced on Thursday February 9th, the banks will change the way … Continue reading
