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Wells Fargo continues to show its disdain for jumbo loans originated by brokers by putting in another excessive fee hike for all jumbo loans originated by brokers. The interesting thing about the fee hike is the LTV range is between 80-90% which show an increased sensitivity to the declining home prices seen around the […]

Mortgage Lender Implode-O-Meter reported that Citi Home Equity is confirming a business change which withdraws them from the California purchase market - eliminating all purchase money second mortgages offered by the division of Citi.  They have taken that business decision one step further by eliminating the Citi Home Equity Correspondent 2nd Mortgages altogether.
This is clearly […]

The Fed didn’t surprise anyone today, bowing to the market’s wishes for another .25% cut to the fed funds rate; bringing the benchmark lending rate to 4.5%.
From Market Watch:
While growth has been solid, “the pace of economic expansion will likely slow in the near-term, partly reflecting the intensification of the housing correction,” the Federal […]

As property markets continue to reel from the American sub-prime mortgage crisis, one housing market is still booming and shows no sign of slowing down. The Canadian condo boom is in full-swing. Sale prices Toronto have soared by 15.7 per cent since last year, according to Royal Le Page Real Estate Services, with the average […]

For-sale-by-owner website adds home listings to social media sites at […]

FSBO site lets prospective buyers virtually visit new neighborhoods.
Miami Beach, […]

For sale by owner listings go with street level photos.
Miami […]

FSBO site is able to meet customers’ needs and to deliver 24/7 services between all 50 states.’
Miami Beach, FL (PRWEB) October 17, 2007 — Fizber.com, a for-sale-by-owner (FSBO) website, will now offer 24/7 support to its customers free of charge. By simply dialing a toll-free number, home sellers and buyers will have access to real […]

Real estate FSBO site helps buyers narrow home search based on weather.
Miami Beach, FL (PRWEB) October 16, 2007 — Leading real estate for sale by owner company FizBer.com is at it again. The company has just announced another exclusive service for homebuyers: Climate Watch, a free tool that allows users to see the weather and […]