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RISMedia » Consumer News and Advice
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Don’t Forget a Home Inspection with a New Construction Home
Every home—whether it’s a resale or new—has some kind of an issue, and the reality is that there is no “perfect” house. Many homebuyers embark on their search for a home with the belief that new homes should be flawless, …
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Information Is Power…Again
Setting yourself apart from your competition is becoming increasingly difficult. The emergence of social media into the business world has created platforms where constant, ongoing contact is possible. As a result of this desire to be in constant contact, many …
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Facebook Files for Initial Public Stock Offering
(MCT)—Facebook has filed papers for what’s expected to be the largest initial public offering ever to come out of Silicon Valley and one of the largest in U.S. history.
Ending months of breathless speculation, the 8-year-old social networking company has …
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Mortgage Applications Down Nearly 3 Percent Last Week
Mortgage applications decreased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 27, 2012.
The Market Composite Index, a measure of mortgage loan application volume, …
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FHFA Responds to NPR Freddie Mac Refinance Story
A ProPublica–NPR news story recently suggested that a mortgage financing vehicle utilized by Freddie Mac may be preventing homeowners from refinancing. While FHFA does not typically comment on its supervisory activities, the circumstances here require some clarification, according to the …
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Consumer Sentiment Picks up in Fourth Quarter
(MCT)—The lower-than-expected annualized growth rate of 2.8 percent reported Friday for the final three months of 2011 raises doubts about the strength of the U.S. recovery, and concerns that 2012 may be another year of muddling along.
Most mainstream economists …
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Mixed Mortgage Messages: Originations Decline but Quality Soars
Mortgage originations plunged 10.1 percent from November to December, continuing a decline from 2011’s September peak. At the same time, loans originated over the last two years have proved to be some of the best quality originations on record.
New …
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Investors with Cash Fuel Uptick in Home Sales
Regional Spotlight—Investors with cash continued to reap a harvest of bargain-priced bank-owned and short sale properties across the San Francisco Bay Area in the fourth quarter of 2011, sparking a slight uptick in home sales compared with the same period …
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The Power of Belief and Expectation
While you may not always get what you want, you will almost always get what you expect. Surprisingly, the power of belief and expectation work just as effectively on your feelings of self-doubt and limitation as they do on your …
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New Initiative Will Coordinate Probes of Mortgage Meltdown
(MCT)—The Obama administration’s new effort to investigate the causes of the nation’s mortgage meltdown will focus on coordinating the often overlapping state and federal investigations and on holding accountable those whose misconduct led to the global financial crisis.
A team …
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