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Understanding reverse mortgages: beware of misleading ads – Sierra Star

September 30, 2015

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Bloomberg View
Understanding reverse mortgages: beware of misleading ads
Sierra Star
Around 95% of all reverse mortgages offered today are Home Equity Conversion Mortgages (HECM), which are FHA insured and offered through private mortgage lenders and banks. HECM’s also have home value limits that vary by county, but cannot …
Crocodile Tears From Mortgage Lenders Bloomberg View

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PLYMOUTH SOUTH HIGH SCHOOL: Construction officially underway on new home of … – Wicked Local Plymouth

September 29, 2015

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Wicked Local PlymouthPLYMOUTH SOUTH HIGH SCHOOL: Construction officially underway on new home of …Wicked Local PlymouthNearly a decade after voters approved funding to build a new home of the Panthers, students, teachers, and administrators joined wi…

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Alan Kelly to bring modular housing proposals to Cabinet – Irish Times

September 29, 2015

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Irish Times
Alan Kelly to bring modular housing proposals to Cabinet
Irish Times
Minister for the Environment Alan Kelly has confirmed he will bring emergency proposals to fast-track the planning and procurement process for modular homes to Cabinet today. The selection of sites for factory-built homes for Dublin’s homeless families
Modular housing proposals expected before Cabinet UTV Ireland

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Two Home Builders That Can Deliver Growth – Barron’s

September 28, 2015

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Barron’sTwo Home Builders That Can Deliver GrowthBarron’sWe recently had the opportunity to speak with several home builders regarding some issues that have been key focus points for new construction in the past few weeks, including labor shortages, ma…

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Builders’ charity: How HomeAid has labored to house the homeless, help rebuild … – OCRegister

September 27, 2015

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OCRegister
Builders‘ charity: How HomeAid has labored to house the homeless, help rebuild
OCRegister
The Orange County Rescue Mission’s Village of Hope on the former Tustin Marine base was HomeAid’s biggest project. Opened in March 2008, the Village of Hope is a 192-bed transitional housing program for homeless men, women and children, with …

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New Disclosure Rules for Mortgages – New York Times

September 25, 2015

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New York TimesNew Disclosure Rules for MortgagesNew York TimesHome loan offers should be easier to decipher come Oct. 3, when mortgage lenders must begin using new consumer disclosure forms that explicitly break down the costs and terms associated with…

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Top of the List: Homebuilders – Kansas City Business Journal

September 25, 2015

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Kansas City Business Journal
Top of the List: Homebuilders
Kansas City Business Journal
This week, the Kansas City Business Journal ranks the area’s top homebuilders by housing permits. The gallery shows the top 5 on The List. For the full List, subscribers can take a look at the print edition of the Kansas City Business Journal. The list

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New-home sales pace could prod economy – Tribune-Review

September 25, 2015

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Arkansas Online
Newhome sales pace could prod economy
Tribune-Review
“Housing has been an economic bright spot this year, and activity in the new home construction market remains solid,” said Michelle Girard, an economist at RBS Securities. Surveys show that homebuilders’ outlook is the most optimistic in a decade, a
Helped by job gains, US newhome sales rise 5.7% in August Arkansas Online

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US new-home sales surge 5.7 percent in August to 7-year high – U.S. News & World Report

September 24, 2015

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U.S. News & World Report
US newhome sales surge 5.7 percent in August to 7-year high
U.S. News & World Report
“Housing has been an economic bright spot this year and activity in the new home construction market remains solid,” said Michelle Girard, an economist at RBS Securities. Surveys show that homebuilders’ outlook is the most optimistic in a decade, a
Helped by job gains, US newhome sales rise 5.7% in August Arkansas Online

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Average US rate on 30-year mortgages falls to 3.86 percent – U.S. News & World Report

September 24, 2015

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U.S. News & World Report
Average US rate on 30-year mortgages falls to 3.86 percent
U.S. News & World Report
A rate hike by the Fed could bring higher rates for home loans. The Fed has kept the federal funds rate near zero since the financial crisis struck seven years ago. To calculate average mortgage rates, Freddie Mac surveys lenders across the country at
Mortgage applications surge 13.9% on rate dips CNBC
Homebuyers Wait No More: Flood of Mortgage Applications Follows Continued Low NerdWallet (blog)
U.S. Mortgage Applications Jump in Latest Week Fox Business
Modern Readers  – Washington Post (blog)
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