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Monday, October 27, 2014

Hidden Water Pool! Cool Design!

...this may be better than a pool. It’s definitely cheaper. And it’s cheaper without being an above-ground alternative, which brings the unfortunate side effect of attracting mobile homes or vinyl siding. And it solves the whole patio problem I just made up a few lines ago.
-- Trey Garrison in HousingWire
http://www.housingwire.com/blogs/1-rewired/post/31838-this-is-the-insane-poolpatio-that-everyone-is-going-crazy-over
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Nat'l Real Estate Post:
The Federal Gov't is examining non depository lending institutions.  Hopefully, they will see that more options for consumers drive down costs.  We can only hope.
http://thenationalrealestatepost.com/non-depository-lenders-under-review/?

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Shared and taken by Xalima Miriel

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Year-over-year the housing market is improving despite recording a slight drop month-over-month from July to August, the Freddie Mac Multi-Indicator Market Index revealed.
The national MiMi came in at 73.3, indicating a weak housing market overall and showing a slight decline (-0.19%) from June to July and a 3-month decline of (-0.47%). -- Brena Swanson in HousingWire  http://www.housingwire.com/articles/31835-freddie-mac-here-are-the-top-5-improving-metro-housing-markets
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Gains in sales of new single-family houses in September 2014 came to a screeching virtual halt, printing at a seasonally adjusted annual rate of 467,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. -- Trey Garrison in HousingWire
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Shared by Gia Huy Au Duong, Ho Chi Minh City


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The Federal Housing Finance Agency is taking the right steps to increase the availability of mortgage credit and reduce the uncertainty about loan putbacks, according to homebuilders.
"We are encouraged by the proposed changes at FHFA, which have the potential to improve mortgage availability, particularly for first-time homebuyers," said Richard Dugas, the chairman and chief executive of the Pulte Group. -- Brian Collins in Origination News
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30 Year Fixed: 3.875% 
 
APR 4.089%
15 Year Fixed: 3.000%  
 
APR 3.238%
7/1 ARM: 2.875%
 
APR 3.289%
5/1 ARM: 2.625%
 
APR 2.869%
FHA 30 Year Fixed: 3.500%
 
APR 5.249%
Jumbo 30 Year Fixed: 3.875%
 
APR 3.979%
Jumbo 15 Year Fixed: 3.250%

APR 3.449%
Jumbo 7 year ARM: 3.125%

APR 3.326% 
Jumbo 5 year ARM: 2.875%
 
APR 3.219%   
VA: 3.500%
Steve Thompson
At NorthPoint Mortgage

APR 5.769%
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Shared and taken by M. Freidrich

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The IRS sells at auction in all 50 states.  If you are interested in auctions, take a look at the website.
http://www.treasury.gov/auctions/irs/daga_real_7557.htm
56.39 acre parcel with three structures on it, as follows:

1) 2,079 sq. ft. single family residence built in 1964; Currently leased.

2) Manufactured home; Currently leased.

3) Dilapidated home - unlivable.

Property is more commonly known as 112 W. C. Grant Rd., Dallas, GA 30132
Parcel No. 117.4.1.002.0000



Minimum Bid:
$120,000.00
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The year’s largest portfolio of pre-bust non-agency debt is set to trade this week. Investors looking to get their hands on vintage subprime, Alt-A fixed-rate, or Alt-A adjustable rate bonds will have plenty of opportunities when $4.6 billion in vintage debt hits the market Tuesday. -- Ben Lane in HousingWire  http://www.housingwire.com/articles/31850-massive-subprime-mortgage-bond-portfolio-ready-to-trade
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Shared and taken by Werner Polwein, Berlin Mall

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Although pending homes sales only recorded a meager increase in September, the index is officially above year-over-year levels for the first time in 11 months, the most recent report from the National Association of Realtorssaid.
“Housing supply for existing homes was up in September 6% from a year ago, which is preventing prices from rising at the accelerated clip seen earlier this year,” Lawrence Yun, NAR chief economist, said. “Additionally, the current spectacularly low mortgage rates should help more buyers reach the market.”
-- Brena Swanson in HousingWire
http://www.housingwire.com/articles/31845-pending-homes-sales-slightly-increase-in-september
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Meanwhile, delinquencies continued to decline, too. The U.S. loan delinquency rate — loans 30 or more days past due, but not in foreclosure — at the end of September was 5.67%, down 3.9% month-over-month and a 12% drop compared to the same time period last year. -- Evan Nemeroff in Origination News  http://www.nationalmortgagenews.com/news/origination/foreclosure-inventory-reaches-february-2008-figures-black-knight-1042964-1.html
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Shared and taken by Norbert Metz, Station of the Suspension Railway in Wuppertal / Germany


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