Mortgage Rates Fall To New Lows: Why You Should Refinance on the Ilyce Glink Show September 18, 2011: Every week for the last four, mortgage interest rates have dropped to historic lows, setting new records with each outing. While there is much work left to be done to shore up the ailing housing market, for [...]
For the past four weeks, mortgage interest rates have fallen to new lows. That's not a one-time thing. Instead, in each of the past four weeks, mortgage interest rates have dropped a bit lower, allowing those of us in the news media that watch this sort of thing to proclaim a new record broken. Interest [...]
Q: I noticed when I got my FHA loan that I would have to pay mortgage insurance. That’s fine, because I didn’t have 20 percent to put down on the property when I bought it. But here’s my question: When can I stop paying FHA mortgage insurance? I know I pay the monthly premium, which [...]
Q: Two weeks ago I refinanced my house. The title company gave me a CD with all the signed documents. Two days ago I looked at it for the first time and discovered the disc did not contain my documents but those of another couple who closed on the same day. I saw their full [...]
The Beginning of the End of the Foreclosure Era – Part Two: Seeing Improvement Did you read last month’s post on predicting the beginning of the end of the foreclosure era? Steve Cook discussed the three key factors that will determine the pace of change in the foreclosure market: 1) demand, which is largely a [...]
In the late ’90s, I had a client who was excited to see his stock options increasing at a rapid rate. Over the course of a few months, he saw the value of his options increase four times, and he was a millionaire on paper literally overnight. Wanting more and thinking it could never go [...]
Earlier this month, the U.S. Census Bureau of the Department of Commerce released new data regarding construction spending during the month of July 2011. As is the case with the majority of housing and construction data that we've encountered in recent years, the picture is mixed. Construction spending in July 2011 stood at a robust [...]
If you’ve been following along the past few days, I’ve been giving a primer course on 1031 exchanges. This common, but often misunderstood, tax code can help investors defer taxes from their real estate transactions. As more investors are profiting off of the foreclosures and short sales in the market, it’s never been a better [...]
September 11 Remembrances on the Ilyce Glink Show September 11, 2011: It was an emotional and reflective day on this special one-hour edition of the Ilyce Glink Show. Ten years after the 9/11 attacks on the World Trade Center in New York City, the Pentagon and a crashed airliner in Pennsylvania, most of us can [...]
It's September 11, ten years after the terrorist attacks in New York, Washington, D.C. and Flight 93, in a field in Pennsylvania. Ten years to remember and rebuild. Ten years to try and forget. We only had an hour on the show today because of our special 9/11 programming on WSB, but I wanted to [...]
