Explore Auburn, AL

By Chris McDonald
(WR Starkey Mortgage, LLP.)
Comments 1
Mortgage interest rates made substantial moves during the week ended March 6 and 7, but according to surveys conducted by Freddie Mac and by the Mortgage Bankers Association (MBA) they made the moves in opposite directions. There are frequently differences in the trends revealed in the two survey...

By Chris McDonald
(WR Starkey Mortgage, LLP.)
Comments 0
Life for Carlyle Capital has gotten even worse than we reported last week and by Thursday morning it appeared that the hedge fund would not survive. Another loser from last week, Thornburg Mortgage had a bit of a respite earlier this week but got clobbered by new news Thursday morning. The Carlyl...

By Chris McDonald
(WR Starkey Mortgage, LLP.)
Comments 1
Treasury Secretary Henry M. Paulson, Jr. Thursday released recommendations from the President's Working Group on Financial Markets (PWG.)The PWG, headed by Paulson, is composed of the heads of the Federal Reserve Board, the Federal Reserve Bank of New York, the Securities and Exchange Commission ...

By Mara Hawks, Inactive-2012 REALTOR - Homes for Sale Auburn Real Estate, AL
(First Realty Auburn )
Comments 0
The following report is calculated by the Alabama Center of Real Estate. This report, along with more detailed information, can be found on their website: http://arerec.cba.ua.edu/  Are you considering a move into or out of Lee County Alabama? If you would like to receive these monthly reports, e...

By Mara Hawks, Inactive-2012 REALTOR - Homes for Sale Auburn Real Estate, AL
(First Realty Auburn )
Comments 6
SPRING is a time for all things growing to be renewed... a time for all things hibernating to awaken. A time to grow where you are planted and time to plant some things to grow. This link is filled with excellent and well-organized information on growing native and naturalized wildflowers in the ...

By Chris McDonald
(WR Starkey Mortgage, LLP.)
Comments 0
Tuesday's bond market has opened well in negative territory following sharp gains in the stock markets. Stocks are doing very well this morning following an unusual move by the Fed to add liquidity to the markets. The results are stock rally and bond selling. The Dow is currently up over 200 poin...

By Chris McDonald
(WR Starkey Mortgage, LLP.)
Comments 0
Three executives from major mortgage industry companies were on the hot seat Friday as the House Committee on Oversight and Government Reform looked into executive compensation at corporations involved in the subprime mortgage-market shakeout.The committee, headed by Rep. Henry Waxman, questioned...

By Chris McDonald
(WR Starkey Mortgage, LLP.)
Comments 0
The U.S. Department of Housing and Urban Development announced today that it has charged Cesar A. Lopez, a Chicago landlord with housing discrimination for posting an on-line ad that discriminates against men and families with children. The Fair Housing Act makes it unlawful for a housing provide...

By Chris McDonald
(WR Starkey Mortgage, LLP.)
Comments 0
We expected that the lead story of this week would be the Congressional testimony of Countrywide Mortgage CEO Angelo Mozilo and other mortgage company executives about their high levels of compensation which continue despite the enormous loses their companies have suffered in the subprime mortgag...

By Chris McDonald
(WR Starkey Mortgage, LLP.)
Comments 0
The 30-year fixed-rate mortgage (FRM) climbed 20 basis points from the average 6.04 rate a week earlier although fees and points declined from 0.6 to 0.5. One year ago the 30-year FRM averaged 6.18 percent.The average contract interest rate of the 15-year FRM was 5.72 percent with 0.5 point, up f...

By Chris McDonald
(WR Starkey Mortgage, LLP.)
Comments 1
Yet another program to help homeowners who are delinquent on their mortgages was announced last week by Fannie Mae. HomeSaver Advance, a part of the corporations larger HomeStay initiative, is not for everyone and sort of feels like a finger in the dike attempt to stop the tide of foreclosures, b...

By Chris McDonald
(WR Starkey Mortgage, LLP.)
Comments 0
U.S. Housing and Urban Development Secretary Alphonso Jackson today announced that HUD's FHASecure product has helped 100,000 homeowners refinance their mortgages and avoid foreclosure.  Since September 2007, FHASecure has enabled tens of thousands of families - who are current on their home loan...

By Chris McDonald
(WR Starkey Mortgage, LLP.)
Comments 0
If you have been looking for a manufactured home mortgage then you just connected with the regions #1 source for MH mortgage loans. Our company is 100% dedicated to serving people in this badly underserved market. I guess if it were easy then everone would be doing it, right? Manufactured home mo...

By Chris McDonald
(WR Starkey Mortgage, LLP.)
Comments 3
San Francisco - Tens of thousands of California families could benefit from affordable government-insured mortgages under a plan to be announced shortly that will temporarily increase home loan limits, U.S. Department of Housing and Urban Development Secretary Alphonso Jackson said today. Highlig...

By Chris McDonald
(WR Starkey Mortgage, LLP.)
Comments 0
Half of the respondents have already moved back to New Orleans. Currently, there are 1,824 families living in a combination of rehabilitated and newly-constructed public housing units in New Orleans. There are another 253 units available for lease and another 790 units under repair. Former reside...

By Chris McDonald
(WR Starkey Mortgage, LLP.)
Comments 0
A significant majority of public housing residents displaced by Hurricane Katrina do not want to return to public housing in New Orleans, according to an independent survey commissioned by the Housing Authority of New Orleans (HANO). Conducted by the University of Texas at Arlington (UTA), the re...

By Chris McDonald
(WR Starkey Mortgage, LLP.)
Comments 0
Friday's bond market opened is trading in positive territory after this morning's employment figures added more fuel to the economic recession debate. The stock markets opened in negative territory before moving into positive ground. However, those gains were short-lived as the major indexes are ...

By Chris McDonald
(WR Starkey Mortgage, LLP.)
Comments 0
FHA Mortgage Limits List - FHA Forward Message:   MORTGAGE LIMITS SUCCESSFULLY COMPLETED Mortgage maximums as of Friday March 07, 2008(1 records were selected, 1 records displayed.) MSA Name MSA Code Division County Name CountyCodeStateOne-FamilyTwo-FamilyThree-FamilyFour-FamilyLast RevisedAUBURN...

By Chris McDonald
(WR Starkey Mortgage, LLP.)
Comments 0
The Federal Reserve on Thursday announced that, in 2007, American ownership in their homes as measured by equity fell below 50 percent for the first time since records were first kept in 1945.During the 2nd quarter of 2007 the central bank reported that homeowners' equity slipped to a downwardly ...

By Chris McDonald
(WR Starkey Mortgage, LLP.)
Comments 0
Tuesday's bond market has opened relatively flat with no relevant economic news scheduled for release today. The stock markets showing losses with the Dow down 150 points and Nasdaq down 26 points. The bond market is currently up 4/32, but we will likely still see an increase in this morning's mo...

Auburn, AL Real Estate Professionals