In the News: Top Stories This Week

This week has been quite an eventful one for the real estate and mortgage market (and not to mention the government). Let’s hope things get back on track next week.

Here are my top news stories for this week:

The government shutdown could affect the mortgage market in more ways than expected, maybe even bringing it to a halt.

There’s also been talk of the 30-year mortgage disappearing, but experts are pretty confident that it’s here to stay.

If foreclosures weren’t scary enough before, the rise of “vampire” foreclosures have the potential to cause more problems in the housing sector.

And lastly, Freddie Mac has reported that mortgage rates are falling back to pre-summer levels, which is good news for home buyers.

Rate This Article
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

About Ilyce Glink

Author of 13 books, including the bestselling 100 Questions Every First-Time Home Buyer Should Ask. Writer of the nationally syndicated column, “Real Estate Matters.” Top-rated radio host in Atlanta. Writer for CBS Managing editor of the Equifax Personal Finance Blog.
This entry was posted in Blog, News. Bookmark the permalink.

© Ilyce R. Glink. All rights reserved. This content may not be used, distributed, syndicated, compiled or excerpted in any medium or form without written authorization from Think Glink, Inc. For information on syndicating please contact us.

One Response to In the News: Top Stories This Week

  1. Ingrid Dayton says:

    Can you shed a little light on how the government shutdown might affect loan modification negotiations in process?

Leave a Reply

Your email address will not be published. Required fields are marked *