Nocona Real Estate News
1 hr ago | via Natl. Relocation & Real Estate
Solid employment gains, attractive mortgage rates, a growing economy and pent-up demand will help keep the housing market moving forward throughout 2015 and into next year, according to economists who participated in a recent National Association of Home Builders 2015 Spring Construction Forecast Webinar. "This should be a good year for housing, buoyed by sustained job growth, rising consumer confidence that is back to pre-recession levels and a gradual uptick in household formations," says NAHB Chief Economist David Crowe. Comment?
5 hrs ago | 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. Financials are primed to break out from a sluggish run partly fueled by low interest rates, former Barclays CEO Bob Diamond said. Comment?
Friday Apr 24 | via National Mortgage News
As low interest rates continue to pressure margins and net interest income, a spike in mortgage banking volume - fueled by refinancing activity - has provided a welcome boost for banks that sell their originations. Several bankers, pleased that refi activity padded first-quarter results, were quick to caution that they aren't counting on refinancing levels remaining elevated going forward. Comment?
Thursday Apr 23 | via Investor's Business Daily
Shares caved 7.7% to 20.03 in the stock market today , a fall likely compounded by the 11.4 % drop in U.S. new-home sales for March reported by the government Thursday. PulteGroup's gross margin on home sales fell to 22.7% from 23.8% a year earlier, partly reflecting last year's purchase of real estate lots from homebuilder Dominion Homes catered to entry-level customers. Comment?
Thursday Apr 23 | via Lucianne.com
"Will you take away my health insurance?" That question does not get asked often at Republican presidential forums. Yet it will be the most decisive question in the 2016 presidential election. Comment?
9 min ago | via Inside Bay Area
What is the industry that gives you the best chance to produce wealth? Real estate is considered by many to be your best investment. According to Bloomberg and Forbes, direct ownership of residential and commercial properties was the No. Comment?
10 min ago | via American Reporter
I have written often over the past few years about the house of cards that is the American economy, but the events of the past week should frighten everybody. First, there was the collapse of IndyMac, a California bank deeply involved in subprime lending. Comment?
13 min ago | via American Reporter
Those who thought that last week's government bailout of Fannie Mae and Freddie Mac would stabilize the financial markets got a wakeup call this week. Lehman Brothers, the fourth-largest U.S. investment bank, succumbed to the subprime mortgage crisis it helped create with the biggest bankruptcy filing in history. Comment?
14 min ago | via American Reporter
After President Bush, Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke pressured congressional leaders to approve a $700 billion bailout of the financial markets as soon as possible to prevent a global economic panic, lo and behold, we still ended up with a global panic. Perhaps it eased a bit with Monday's 936-point gain, but that remains to be seen. Comment?
14 min ago | via American Reporter
While John McCain and Sarah Palin were refighting the culture wars of the 1960s, Obama turned his campaign into a referendum on deregulation, trickle down economics and tax giveaways to the wealthy and corporations. He offered a break with the policies that have dominated mainstream economic discourse since Ronald Reagan. Comment?
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