Bozeman Real Estate

 “The combined delinquency rate on mortgages held by major banks dropped to 6.68% in the second quarter, the lowest level since the third quarter of 2009", according toFederal Deposit Insurance Corp.data.  For the first time in two years, the notorious bank failures REVERSED their trends that have been seen throughout ...

Borrowers Aim to Reduce Debtby Carla HillAre borrowers taking aim at lowering their debt? Recent reports give evidence that exactly this could be on the minds of borrowers as they apply for mortgage refinancing.According to the latest results of Freddie Mac's 4th quarter 2010 cash-out refinance analysis, 46 percent of homeowners who refinanced ...

Most Say it's a Good Time to Buyby Broderick PerkinsMost Americans believe the housing market has hit the bottom and that it's a good time to buy, in part because many also think rents will rise faster than home prices.Fannie Mae's latest nation housing survey found that 70 percent of Americans think it's a good time to buy a home, ...

As new products come on the market, they are not automatically as consumer-friendly as they are portrayed. Some are created to fall under categories not covered by existing consumer protection. They're still legal, but the differences are not necessarily readily apparent to consumers. Can you see what you might misunderstand? For ...

http://www.gallatinrealtors.com/uploads/docs/MLS%20Stats/10%2010%20Gallatin%20County%20Residential.pdf    

pool-cleaning business suffered and, like millions of other Americans, he fell behind on the $400,000 mortgage on his West Palm Beach, Fla., home. But Machado's response was unlike most other Americans'. Instead of handing his home over to the lender, IndyMac Bank FSB, he hired Ice Legal LP in nearby Royal Palm Beach to fight the ...

Buying a home is perhaps the most arduous, expensive and, ultimately, valuable acquisition you'll ever complete Just one mistake could mean disaster -- perhaps the worst mistake you'll ever make. In order to avoid titanic trip ups during such a trying transaction, buyers should get to know the most common home buying ...

Existing-home sales hit 8-month highInventories fall, adding hopes that the housing market is starting to recover.Posted by Elizabeth Strott on Thursday, July 23, 2009 10:33 AMExisting-home sales rose 3.6% in June to an annualized pace of 4.86 million, to the highest level since October, the National Association of Realtors reported ...

The highlights of below:  (1) Largest monthly gain for housing sales in 7.5 years, (2) 3rd straight month of gains in sales, and (3) Pending Sales Index is now above the level from one year ago.  Note also that for your clients the issues relating to the US Dollar.  In my opinion, the level of debt issued by the US Government and ...

Hi Everyone!This is pretty much breaking news this morning and the full details have yet to be released but big news hit the mortgage industry today regarding the $8,000 tax credit available to first-time homebuyers. According to the Federal Housing Administration, first-time homebuyers can apply the new $8,000 tax credit toward the purchase ...