Tag Archives: housing

Houston Mortgage & Real Estate Update

Posted ago by Cary Cox

ShareMortgage rates have been in a sideways pattern, influenced mainly by geo-political events. These events may also keep the price of oil up which will just continue the demand for Houston real estate. For self-employed borrowers many of our investors …

Houston Home Sale & Mortgage News

Posted ago by Cary Cox

ShareLots happening in the Houston Real Estate market, though fewer properties on the market, coupled with still attractive mortgage rates amke it a seller’s market. In fact, many people are paying cash and forgoing a mortgage or doing a home-equity …

Housing Improving But Not All the Way Back

Posted ago by Cary Cox

ShareThe mortgage melt-down of 2008 is now six years behind us. It was estimated it would take anywhere from ten to 15 years for the housing industry to recover. So far it looks like those estimates will be accurate. If …

Mortgage Loan Applications Drop to Lowest Level In Years

Posted ago by Cary Cox

ShareRecovery, what recovery? Every recession since World War II has been led by the housing industry and to build those homes you have to have mortgage financing. So it should be said that economic recoveries are led by the real …

Shadow Inventory Drag

Posted ago by Cary Cox

ShareWe’ve saying it form months that “Shadow Inventory” or the mortgages that have yet to go throgh the foreclosure process even though the borrowers have quit making the payments will be a drag on home prices in most of the …

Housing Numbers

Posted ago by Cary Cox

ShareGreat little article by our friend Bill Fisher at Ratewatch.com on the housing market and where we are headed in the housing market and what we need to do to get the housing market healthy. Housing starts in the month …

Housing Turned the Corner?

Posted ago by Cary Cox

ShareThere are two things that are going to lead this economy to recovery – housing and jobs! Every end to a recession has been led by growth in the housing market. Why? It’s easy housing creates a huge “multiplier-effect” on …

Mortgage Rate Update Houston, TX

Posted ago by Cary Cox

ShareRatewatches Lou Barnes bring us some good mortgage rate comnetary for Houston and Texas mortgage rates. Gradually improving US economic data and a Greek deal of some sort have relieved immediate financial fears, and so bond and mortgage rates have …

Good Mortgage & Housing News

Posted ago by Cary Cox

ShareThe thing about economic indicators is that you need consistency over a period of months to show a trend. An uptick here and there or a down-tick here or there does not constitute a trend.  That being said, recent economic …

Housing Relief – Stop It!

Posted ago by Cary Cox

ShareI’ve been saying since the housing crisis started the government needs to get the hell out of the way and let the market play out naturally. Any time they come up with some crazy program it has unintended consequences that …