Brownwood Real Estate News
Real Estate news for Brownwood, TX continually updated from thousands of sources.
6 hrs ago | via Seeking Alpha
The real estate and building company LGIH has over 53% of its portfolio in Texas; LGIH stock has started to quickly slide , perhaps suggesting investors are worried about oil. The state of Texas has been an important force for new home sales; however, tanking petroleum prices may change this status soon. Comment?
7 hrs ago | via Mortgage News Daily
Black Knight Financial Services said Monday that national home prices eked out another month-over-month gain in November, rising 0.1 percent on its Home Price Index to a value of $241,000. The biggest gainers were Texas and Montana , each of which saw 0.7 percent increases in their HPI values. Comment?
22 hrs ago | via Housing Wire
Federal Housing Finance Agency Director Mel Watt will appear Tuesday morning before the House Financial Services Committee at a hearing entitled "Sustainable Housing Finance." The purpose of this hearing is to receive an update from the FHFA on measures FHFA has taken as conservator of Fannie Mae and Freddie Mac , the FHFA's current Strategic Plan for the GSEs, and the current financial condition of Fannie Mae, Freddie Mac and and the Federal Home Loan Banks. Comment?
Yesterday | via Mortgage News Daily
Bottom Right Default State Name: State Name underscore: State Name dash: State Name lower underscore: State Name lower dash: State Name lower: State Abbreviation: State Abbreviation Lower: It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking news. WASHINGTON - The U.S. budget deficit will decline slightly to $468 billion this fiscal year from $483 billion last year, the Congressional Budget Office said on Monday in a report that marks the end to an era of dramatically falling deficits. Comment?
Aug 21, 2011 | via American Reporter
I am a believer in dreams, and when I had a waking dream a few days after the S&P downgrade of our national debt of President Obama packing his bags and leaving the White House, I was saddened for him and for my country. But the great thing about dreams, if they are truly predictive, is that they give you time to change the future, and I'm going to try doing that with this advice. Comment?
4 min ago | via National Mortgage News
With conservatorship of Fannie Mae and Freddie Mac well into its seventh year, the government has now had control of the housing agencies longer than 47 members of the Senate have been office. This delay speaks volumes about the complexity and magnitude of the issue and the competing interests involved. Comment?
4 min ago | via National Mortgage News
Federal Housing Finance Agency Director Melvin Watt didn't receive quite the homecoming he may have hoped for when he appeared before the House Financial Services Committee on Tuesday. Though they at times joked with their former colleague, GOP lawmakers hammered Watt over his recent decisions to allow Fannie Mae and Freddie Mac to buy loans with lower downpayments and provide money to two affordable housing trust funds during a grueling four-hour hearing. Comment?
7 min ago | via CFRB
Canada's biggest banks have started passing on some, but not all, of the Bank of Canada's recent rate cut, lowering the interest charged to borrowers with loans and mortgages tied to the prime rate. Royal Bank was the first to cut its prime rate when it announced it would go down to 2.85 per cent from three per cent, effective Wednesday. Comment?
18 min ago | via MarketWatch
Mortgages with low down payments can be just as safe if other underwriting conditions are met, a federal housing regulator said Tuesday. Mel Watt, the director of the Federal Housing Finance Agency, was testifying in front of the House Financial Services Committee, after Fannie Mae "All things being equal, is a 3% down loan riskier to the taxpayer than a 10% down loan," asked Rep. Jeb Hensarling, the Texas Republican who is chairman of the House Financial Services Committee. Comment?
23 min ago | via Seattle Post-Intelligencer
Mortgage interest rates have been in the news quite a bit lately, and mostly positive. The 2014 US annual average on a 30-year fixed rate mortgage increased to 4.17%, however, the rates have been trending downward. Comment?
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