While the first quarter of 2014 was the fourth strongest level of RFI after the Great Recession ($482 billion annualized pace), the slowing of the rate of growth for home building was a drag on quarterly GDP growth.
While the first quarter of 2014 was the fourth strongest level of RFI after the Great Recession ($482 billion annualized pace), the slowing of the rate of growth for home building was a drag on quarterly GDP growth.
More existing homes will go up for sale, as price hikes pull homeowners out from mortgages that are underwater, making them more willing to sell. Sales will climb by 4 percent, but inventory won’t be as tight.
More existing homes will go up for sale, as price hikes pull homeowners out from mortgages that are underwater, making them more willing to sell. Sales will climb by 4 percent, but inventory won’t be as tight.
The “Fair Foreclosure Act,” also known as House Bill (HB) 87, is proposed as a solution to Florida’s backlog of foreclosure-related cases. Proponents of the bill argue that the bill protects homeowners by making banks and lenders prove ownership of a mortgage before filing any act towards foreclosure in Florida.
More than one million homeowners have received a permanent HAMP modification, saving approximately $536 on their mortgage payments each month, and an estimated $13.3 billion to date.
More than one million homeowners have received a permanent HAMP modification, saving approximately $536 on their mortgage payments each month, and an estimated $13.3 billion to date.
