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WASHINGTON -- The number of U.S. home buyers who signed contracts to purchase previously occupied homes jumped in October to the highest level of this year amid signs of gradual economic improvement ... of getting home loans are preventing ...

US Pending Home Sales Surge 10.4% In October

U.S. home ... loans were delinquent or already in foreclosure at the end of the third quarter, according to the Mortgage Bankers Association. That equates to more than 6 million distressed homes. Foreclosed homes typically sell at a deep discount.

Home prices continue to slide

The pending number of U.S. home buyers who signed contracts to purchase previously occupied houses jumped in October to the highest level of this year amid signs of gradual economic improvement ... of getting home loans are preventing the housing market ...

Pending Home Sales Climbs In October 2011

While an improvement, that's barely half the $1.5 trillion ... Those homes are selling for an average discount of 20%, which lowers neighboring home values. While new homes represent less than one-fifth of the housing market, they have an ...

Mixed economic reports show some signs of hope

Logically, the best evidence of an improvement ... same period loans and leases declined almost 9%, and overall assets rose just 2%. Bottom line: Why bother rushing the foreclosures and taking the political heat when you can get cheap money ...

Bankers! To the Barricades! (Again)

Thirty-year fixed-rate conforming loans were available in some areas with an interest ... Even if we don't slip back into a recession, most real estate analysts predict little improvement in the home-sale market for another five years.

5 keys to buying a home in today's market

The mortgages in this week's survey had an average total of 0.37 discount and origination points ... And it's the biggest jump in pending sales since November 2010. Still, an improvement in home sales alone will not be enough to push rates up, says ...

Like a slug, mortgage rates are low, slow-moving

Come Jan. 1, 2013, the RH discount will vanish entirely - at least from ... So is low-interest financing, via the Philadelphia Home Improvement Loan program and the Keystone Home Energy Loan Program. The city program offers 3 percent loans ...

Jeff Gelles: Convert from electric heat - or not?

There was a massive gap and a large need for simple cheap products at lower income levels. One in 300 FNB non-performing home loans, for instance ... I believe we can bring about a wide-spread improvement in the financial stability of families.”

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