The Krain Blog

December 2009 - Posts

• New Banks to Offer Refinancing

  Veteran financiers are re-establishing themselves in new investment banks, ready to help refinance troubled real estate loans. Read more > Read More... Posted Friday, December 18, 2009 3:33 PM by KRAIN - Commercial and Residential Real Estate | 0 Comments

• Mortgage Volume Rises Slightly

  Refinancings increased 0.9 percent last week, while interest rates climbed as well, according to the Mortgage Bankers Association. Read more > Read More... Posted Friday, December 18, 2009 3:33 PM by KRAIN - Commercial and Residential Real Estate | 0 Comments

• Retail Investors to Enter Market in 2010

  Deal shoppers will see low-cost acquisition opportunities as consumers step up purchases, strengthening retail properties. Read more > Read More... Posted Friday, December 18, 2009 3:32 PM by KRAIN - Commercial and Residential Real Estate | 0 Comments

• Coming Soon: More Foreclosures

  Many additional foreclosures are expected over the next year, which could affect pricing at the lower end of the housing market. Read more > Read More... Posted Friday, December 18, 2009 3:32 PM by KRAIN - Commercial and Residential Real Estate | 0 Comments

• 15-Year Loans Gain Fans

  Major lenders are seeing significant increases in originations of 15-year fixed loans due to low rates. Read more > Read More... Posted Friday, December 18, 2009 3:31 PM by KRAIN - Commercial and Residential Real Estate | 0 Comments

• More Home Owners Walk Away

  Home owners who strategically decide to leave their houses may be taking their cues from financial institutions. Read more > Read More... Posted Friday, December 18, 2009 3:31 PM by KRAIN - Commercial and Residential Real Estate | 0 Comments

• Banks Again Offering Home Equity Lines

  As long as you're prudent about what you can afford, the loans can be a less costly alternative to credit card debt. Read more > Read More... Posted Friday, December 18, 2009 3:30 PM by KRAIN - Commercial and Residential Real Estate | 0 Comments

• More Credit Defaults Predicted

  FICO Chief Mark Greene says high unemployment and underwater home owners are signs that more mortgage and credit card defaults are on the horizon. Read more > Read More... Posted Friday, December 18, 2009 3:29 PM by KRAIN - Commercial and Residential Real Estate | 0 Comments

• Exterior Remodeling: Best Bang for Your Buck

  Many projects under $14,000 recoup most of their costs, a just-out report shows. Read more > Read More... Posted Friday, December 18, 2009 3:29 PM by KRAIN - Commercial and Residential Real Estate | 0 Comments

• 4 out of 10 Recent Buyers Used FHA Loans

  A survey conducted by NAR shows the increasing importance of the FHA in mortgage financing. Read more > Read More... Posted Friday, December 18, 2009 3:02 PM by KRAIN - Commercial and Residential Real Estate | 0 Comments

• Predictions on Future Mortgage Rates

  Experts say that mortgage rates will likely stay low, even if the Federal Reserve stops its mortgage-backed securities purchasing program in March 2010. Full Story > Read More... Posted Monday, December 07, 2009 12:43 PM by KRAIN - Commercial and Residential Real Estate | 0 Comments

• Treasury Plans to Push Banks to Modify Loans

  The government hopes 375,000 home owners will be able to take advantage of mortgage reductions by the end of the year. Full Story > Read More... Posted Monday, December 07, 2009 12:42 PM by KRAIN - Commercial and Residential Real Estate | 0 Comments

• Option ARM Borrowers Facing Resets

  Hundreds of thousands of borrowers face a substantial increase of mortgage payments next year on option ARM loans written in 2004. Full Story > Read More... Posted Monday, December 07, 2009 12:42 PM by KRAIN - Commercial and Residential Real Estate | 0 Comments

• Government Announces Short Sales Guidelines

  The U.S. Treasury Department has outlined short sales specifications to help these transactions go more smoothly. Full Story > Read More... Posted Monday, December 07, 2009 12:41 PM by KRAIN - Commercial and Residential Real Estate | 0 Comments

• New Home Sales Rise in October

  U.S. Census Bureau and the Department of Housing and Urban Development reported a 6.2 percent increase in new home sales from September to October. Full Story > Read More... Posted Monday, December 07, 2009 12:40 PM by KRAIN - Commercial and Residential Real Estate | 0 Comments

• Nine Consecutive Gains for Pending Home Sales

  The Index increased 3.7 percent in September, and the rise from a year ago is the biggest annual increase ever recorded. Full Story > Read More... Posted Monday, December 07, 2009 12:39 PM by KRAIN - Commercial and Residential Real Estate | 0 Comments