Housing Market in Free Fall

www.homeequityguard.com News clips about the current housing market situation from

FDIC Consumer News Fall 2010 –Credit Protection

Credit Protection: Understand the Costs, Limitations and Alternatives Before You Buy. Audio only.

House prices head for 6% fall

House prices head for 6% fall House prices are heading for a 6 per cent fall in real terms this year, according to the latest data from the country’s biggest mortgage lender. Read more on Independent

Clark County home sales stabilize as prices fall

Clark County home sales stabilize as prices fall Clark County home sales continued to stabilize in January, as a new type of cash buyer invested in the market. The month’s 319 home sales were on par with the 318 houses that sold in January 2010, and up 24 percent from January 2009, according to Vancouver-based [...]

U.K. Gilts Fall as Equity Rally Damps Investor Demand for Safest Assets

U.K. Gilts Fall as Equity Rally Damps Investor Demand for Safest Assets U.K. government bonds fell for a second day as equity markets advanced, reducing demand for the perceived safety of fixed-income securities. Read more on Bloomberg

October new home sales drop 8.1 pct., prices fall

October new home sales drop 8.1 pct., prices fall New home sales tumbled in October while the median home price dropped to the lowest point in seven years. Sales of new single-family homes declined 8.1 percent to a seasonally adjusted annual rate of 283,000 units in October, the Commerce Department reported Wednesday. It was the [...]

Housing: FICO scores can fall with equity-line cut

Housing: FICO scores can fall with equity-line cut WASHINGTON – Here’s a homeowner-credit torture scenario thatmight have happened to you, and now has a major real- estate lobbyon Capitol Hill demanding immediate reforms. Read more on Arizona Daily Star

Finally, People Are Calling For A REAL Housing-Market Fix: Letting Prices Fall

Finally, People Are Calling For A REAL Housing-Market Fix: Letting Prices Fall For the past few years (and, in reality, for decades before that), the government has tried to improve the nation’s housing market by artificially inflating house prices. Read more on Business Insider

Mortgage rates fall to lowest level in decades: Freddie Mac

Mortgage rates fall to lowest level in decades: Freddie Mac Mortgage rates have fallen to the lowest level in decades over the past two months and could dip below 4 percent if the economy worsens. Read more on The Christian Science Monitor

Weekly Mortgage Rate Report: Rates Fall to New Lows

Weekly Mortgage Rate Report: Rates Fall to New Lows RISMEDIA, August 19, 2010—Mortgage rates fell to new lows this week, according to the LendingTree Weekly Mortgage Rate Pulse, a snapshot of the lowest and average mortgage rates available within the LendingTree network of lenders. On August 17, lenders… Read more on RISMedia Real Estate News

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