Tag archives for Home Mortgage

Underwater Borrower’ Outlook is Deteriorating

According to a survey conducted by Fannie Mae, 26 percent of mortgage borrowers now believe that they are underwater, and they are getting more anxious about it all the time. The company that they are keeping is not serving to help them stay optimistic, either, with 57 percent of underwater borrowers indicating an acquaintance with someone who has defaulted on Read full article »

Low Interest Rates Lead to Shorter Mortgage Terms

Record-low interest rates are not just helping homeowners save money on their existing loans; they are also contributing to a trend in shorter loan terms all together. According to Freddie Mac, more refinancers changed the term of their loan in addition to the rate on the loan in the first quarter of this year than any time since 2004. 34 Read full article »

Cost of Home Loans to Skyrocket in 2011

Home prices may be down, but the cost of your home loan is headed up, up, up according to Fannie Mae’s memo to lenders in late December. In the New Year, the government-controlled GSE will impose a new schedule of higher add-on fees similar to what Freddie Mac implemented around Thanksgiving 2010. The result will be that loans themselves will Read full article »

Home Selling & Buying House Resources

Free resources on buying and selling a home or property. Free access to real estate related information such as mortgage loans, foreclosures, home building, home equity loans, home mortgage, lawyers, re-financing, real estate deal and investment, rental properties, reverse mortgage and more.

Deloitte Survey Of Home Buyers – Interesting Reveleation

Deloitte LLP commissioned a survey that found that 67% (two thirds) of people who recently applied for a home mortgage found the process more difficult than before the housing crisis started about a year ago. Um, so what? I think the big news in this is that the rest of those seeking a mortgage (one third of the whole) apparently found the Read full article »

The Politics of Real Estate

Few industries are as profoundly impacted by the political machinations in Washington as the real estate industry. Whether it's old legislation like Jimmy Carter's Community Reinvestment Act or Barack Obama's massive mortgage bailouts, the U.S. political machine has a huge impact (usually bad) on the business of real estate.

Ideally, we could ignore politics. But here at the Bryan Ellis Real Estate Letter, we insist on seeing the world with clarity - including the reality of Washington's aggressive involvement in every facet of our business, from mortgage lending to real estate sales license; from loan modification regulations to appraisal requirements... every piece of our business is profoundly impacted by politics. So rather than stick our heads in the sand and ignore reality, readers of the Bryan Ellis Real Estate Letter choose to be informed and prepared.

About Bryan Ellis

Bryan Ellis is an Atlanta-based real estate analyst and publisher of the widely read newsletter "The Bryan Ellis Real Estate Letter". With over 200,000 subscribers - including real estate investors, agents, brokers, appraisers and other real estate professionals - the Bryan Ellis Real Estate Letter is among America's largest sources of unbiased coverage of politics and public policy for the real estate industry.

Bryan Ellis serves as editor in chief for the Bryan Ellis Real Estate Letter and is assisted by an extraordinary staff of writers, researchers and editors who are each real estate experts in their own right and who assure that the news we report is well researched, factual, and highly relevant to today's real estate industry.

Bryan is very happily married and has two wonderful daughters. He makes his home in the suburbs of Atlanta, Georgia. You can contact the team at the Bryan Ellis Real Estate Letter here.