Sengdao Vongruksukdi's Blog

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Real Estate Agent - Starlight Realty Certified REO & Short Sale Specialist

ARCHIVED BLOG POSTS

2010 

With one of the key measures below the benchmark for the second week in a row, would-be home buyers face the best rates since the spring. (CNNMoney.com) -- The possibility of securing a mortgage rate below 5% has greatly improved in recent weeks, in a positive sign for would-be home buyers. Home ...
12/31/2010
The housing recovery has stalled, but the gravy train rolls on for the government-appointed saviors of the housing market, Fannie Mae and Freddie Mac. The top executives of the taxpayer-backed companies stand to make millions of dollars in salary, deferred pay and long-term incentive awards for 2...
12/31/2010
Newport Beach, CA - The 57-year-old Mountain View man reported missing by family in November and found dead in a Santa Barbara County river last week recently lost his home to foreclosure and was arrested twice for re-entering it in October, police said Thursday. Vedasto Redaniel was the person w...
12/31/2010
The average Florida homeowner who went into foreclosure in November hadn't paid his mortgage in 10 months. The 307-day delay between the first late payment and a foreclosure referral, reported in a study released this week, was called ``flabbergasting'' by one financial expert who said mortgages ...
12/31/2010
Newport Beach, CA - LPS Applied Analytics released their November Mortgage Performance data. According to LPS: The average number of days delinquent for loans in foreclosure is a record 499 days Over 4.3 million loans are 90 days or more delinquent or in foreclosure Delinquency rates are down acr...
12/31/2010
NEW YORK (CNNMoney.com) -- The era of near 4% mortgage rates has ended after a quick rate rise since early November. But some industry experts think that may be a good thing for the flagging housing market. The average 30-year fixed mortgage rate has risen to 4.86% from 4.17%, according to Freddi...
12/30/2010
Newport Beach, CA - U.S. home foreclosures jumped in the third quarter and banks' efforts to keep borrowers in their homes dropped as the housing market continues to struggle, U.S. bank regulators said on Wednesday. The regulators said one reason for the increase in foreclosures is that banks hav...
12/30/2010
Newport Beach, CA - The number of foreclosed homes rose over the summer after fewer people at risk received assistance lowering their monthly mortgage payments, a new report shows. About 470,000 homeowners received help either directly from banks or through government programs in the July-Septemb...
12/30/2010
Newport Beach, CA - Earlier this year, it became clear that the government's HAMP mortgage modification program wasn't preventing nearly as many foreclosures as it was aiming for. That was probably one of the reasons Treasury official decided to try a different approach. Rather than focus on just...
12/30/2010
Despite some of the best home-buying conditions in years -- affordable prices, low interest rates and lots of choices -- fear of buying has infected the market. It has paralyzed house hunters, making them unable to pull the trigger even on attractive deals. Some are worried about making the payme...
12/29/2010
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SengdaoVongruksukdi

Newport Beach Real Estate
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