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June 2011 - Posts

Mortgage Firms Easing Standards

Seeking to counter a sharp contraction in origination volume, some mortgage lenders are easing underwriting guidelines slightly. The changes include scaling back credit score thresholds for FHA-backed loans as well as accepting higher loan-to-value and

Freddie Mac: Better Days Ahead in Housing

Freddie Mac’s chief economist is optimistic that the housing market and economy will improve in the second half of 2011. Freddie Mac Chief Economist Frank Nothaft said mortgage rates will likely remain historical lows of between 4.5 percent and

4 Shortcuts for Your Android Phone

The New York Times recently featured a series of articles unlocking tricks and tips that will make your Android smartphone even smarter. Unlike Apple’s iPhone, mobile phones that run Google’s Android operating system come in a large variety
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BofA Nears $8.5 Billion Record-Setting Payout

Bank of America Corp. is near a settlement to pay $8.5 billion to mortgage investors who claim the bank sold them fraudulent mortgage securities, The Wall Street Journal reports. The mortgage securities in question, originally valued at $105 billion,

Pending Home Sales Turn Around in May

Pending home sales rose strongly in May with all regions experiencing gains from a year ago, pointing to higher housing activity in the second half of the year, according to the National Association of REALTORS®. The Pending Home Sales Index rose

Single Story For Rent/Lease in Greyfield Villas

Beautiful Home in Central location • 1,695 sq. ft., 2 bath, 3 bdrm single story - MLS® $1,250 USD Monthly - Lets Talk Greyfield Villas, Brunswick - Nice three bedroom two bath home located in the quiet neighborhood of Greyfield Villas Trayed
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Rent/Lease Reduced on 44 Greyfield Drive in Greyfield Villas

Greyfield Villas, Brunswick - Announcing a rent/lease reduction on 44 Greyfield Drive, a 1,695 sq. ft., 2 bath, 3 bdrm single story. Now MLS® $1,250 USD Monthly - Lets Talk. Property information
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Single Story For Sale in Ocean Walk

Walk or bike to all attractions in area • 780 sq. ft., 1 bath, 1 bdrm single story - MLS® $139,000 - Fully Furnished Ocean Walk, Saint Simons Island - Location, location, location, Ocean Walk condominiums lives up to its name being located within
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Price Reduced on 850 Mallery P-7 in Ocean Walk

Ocean Walk, Saint Simons Island - Announcing a price reduction on 850 Mallery P-7, a 780 sq. ft., 1 bath, 1 bdrm single story. Now MLS® $139,000 - Fully Furnished. Property information
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Price Reduced on 118 Mackqueen Drive in Marshes of Mackay

Marshes of Mackay, Brunswick - Announcing a price reduction on 118 Mackqueen Drive, a 3,200 sq. ft., 5 bath, 5 bdrm bi-level "Unique floor plan". Now MLS® $215,000 - A House of "Joy". Property information
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Mortgage Rates Move Even Lower This Week

Fixed and adjustable-rate mortgages sank to new lows for the year, continuing a downward spiral for the eighth straight week, Freddie Mac reports in its weekly mortgage market survey. Here’s a closer look at how rates fared for the week: ▪ 30-year

Commercial Backs Surge Again

Commercial mortgage-backed securities are mounting a comeback after ranking as one of the biggest sources of real estate debt in the previous cycle. In the wake of the recession, only the best properties are getting loans; and more buyers are turning

How to Keep Your Passwords Secure

What makes a good password vs. a bad password? You undoubtedly have several passwords that you use to protect your important business information — so how do you make sure those passwords don’t become easy guesses for would-be hackers or make
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2 Executives Sentenced in $3 Billion Fraud Ring

Two executives were sentenced to several years in prison for their involvement in a massive fraud ring — estimated at $3 billion — that led to the collapse of one of the country’s largest privately held mortgage lending companies, as

..5 Strategies for Navigating the Summer Clearance Sale - on Real Estate!

Home prices are low, interest rates are low - real estate is basically having a summer clearance sale! But unlike buying a clearance-priced car or computer, making the wrong move in this real estate 'sale' can have disastrous effects, from losing

3 Absolute Musts for Buying a Home - Without the Stress!

Major money transactions are stressful. Moving is stressful. Big life commitments are stressful. Put 'em all together, and what do you have? The home buying process (and the potential for one of the most stressful life experiences you'll ever