I’m up to my eyeballs everyday in the latest financial and economic news because it’s my job. That said, I wasn’t surprised at all when I read (and I have read it many times before) that many economists feel that the economy would be better off if policy makers stepped aside and let the natural [...]

Filed under: News, Real Estate Market, Refinance, VRN | No Comments »

After the conclusion of the Federal Open Market Committee’s (FOMC) one-day meeting on Tuesday, the Fed announced measures that will help serve to keep mortgage rates low if need be:
To help support the economic recovery in a context of price stability, the Committee will keep constant the Federal Reserve’s holdings of securities at [...]

Filed under: Mortgage Rates, News, Real Estate Market, Refinance, VRN | No Comments »

The risk of big losses also will discourage excessive borrowing. “Successful investment strategies in a New Normal world will generally be less levered than during the Great Moderation — roughly 1987-2007,” he wrote.

Filed under: Commentary, Current Events, Economy, Finance, VRN | No Comments »

Last week’s blog posts pretty much focused on the homebuyer tax credit’s closing deadline. We did our absolute best to deliver the latest news as it happened. Let’s review last week’s posts:
Saturday:
“GUEST POST: ‘All Right! The Deadline Has Been Extended!‘”:
All right! The deadline has been extended to September 30! I work in mortgage banking and have been working [...]

Filed under: Current Mortgage Rates, Homebuyer Tax Credit, Mortgage Rates, News, Real Estate Market, VRN | No Comments »

UDATE3: President Obama signed a three-month extension of the homebuyer tax credit’s closing deadline this morning.
The president also signed into law the “National Flood Insurance Program Extension Act of 2010,” reports HousingWire.com.
Lawmakers weren’t able to agree on the extension of unemployment benefits before their July 4 recess; they’re expected to continue their debate when they [...]

Filed under: Homebuyer Tax Credit, News, Real Estate Market, VRN | Comments Off

Stocks in the United States fell sharply Tuesday, following a
broad sell-off in Europe and Asia that was fueled by concerns
over the pace of growth in the global economy.

Filed under: Economy, VRN | No Comments »

With the pending expiration of the homebuyer tax credit about 36 hours away, we’re getting closer and closer to seeing what the true state of the housing and real estate markets will really look like when the credit is no longer in place.
**Poll: Do You Support the Extension of the Homebuyer Tax Credit’s Closing [...]

Filed under: Homebuyer Tax Credit, News, Real Estate Market, VRN | Comments Off

Get the latest appraisal news and analysis.

Appraisal Foundation, Appraisal Institute In Dispute

House Offer Includes Sunset of HVCC

Filed under: Finance, Home Improvement, Real Estate Market, Selling, Tax Issues, VRN | Comments Off