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Taking steps toward refinancing a rental property
Washington Post, 31 July 2010

I have a rental property that I bought five years ago for $170,000 but now is valued at $120,000. I have a mortgage at 6.75 percent with about $45,000 in equity on the property. I am not in financial difficulty, but I would like to take advantage of low interest rates. Is it possible to refinance... Business and Economy - Real estate - Property - Oceania - Africa
Mortgage rates again at new low; average for 30-year fixed loan at 4.54 percent
Washington Post, 31 July 2010

Mortgage rates dropped to the lowest level on record for the fifth time in six weeks, making home-buying and refinancing -- for those who can get loans -- the most attractive it has been in decades. Mortgage - Business - United States - Financial Services - Loan
Effects of financial reform law might not be felt for a while
Washington Post, 31 July 2010

The financial reform bill signed into law by President Obama might look like a cornucopia of helpful changes for homebuyers and loan applicants -- not the least of which will be the creation of a powerful Consumer Financial Protection Bureau to ride herd on the mortgage lending industry. But how ... Law - United States - Politics - Business - Health Care Reform
Citigroup agrees to $75 million SEC settlement on subprime mortgage investments
Washington Post, 30 July 2010

Citigroup, one of the nation's largest banks, agreed Thursday to pay $75 million to settle a Securities and Exchange Commission complaint that it misled investors about $40 billion of its holdings in subprime mortgage investments. Citigroup - Subprime lending - Business - Allegedly Unethical Firms - Financial services
Fannie, Freddie overhaul moving ahead gingerly
Washington Post, 28 July 2010

The Obama administration on Tuesday tiptoed closer to overhauling Fannie Mae and Freddie Mac, announcing a conference next month to begin a public discussion on how to remake the nation's system for funding home loans. Business - Freddie Mac - Fannie Mae - Mortgage - United States
D.C. area housing market relatively insulated from downturn, report finds
Washington Post, 27 July 2010

While the nation's housing market struggles amid a sudden downdraft that has once again battered sales, the Washington region appears relatively insulated and poised for a turnaround. Real estate economics - Business - Real Estate - Residential - Housing
Former homeowners ponder when to re-enter real estate market
Washington Post, 25 July 2010

N ew york -- In hindsight, Scott Feldman's decision to sell his first home in late 2006 could have been a case study in a textbook called "How to Time the Real Estate Market." Real estate - Business - United States - Law - Services
The dangers of life estates; understanding agents' commissions on foreclosures
Washington Post, 24 July 2010

In 1997, we created a living will for estate protection in case my mom went into a nursing home. It was set up so my sister and her husband received half the house while my sister's three kids got the other half. Real estate - Foreclosure - Business and Economy - Business - Africa
In tough times, how to score a better mortgage deal
Washington Post, 24 July 2010

Call it the great real estate disconnect of 2010: Mortgage rates have been at half-century lows and home prices have stabilized, but applications for mortgages have declined most weeks during the past three months, as measured by the Mortgage Bankers Association. Mortgage - Business - Financial Services - United States - Loan
U.S. housing slump continues, but D.C. area is doing better
Washington Post, 24 July 2010

The housing bust isn't over, but the worst is past, according to economists participating in a U.S. Chamber of Commerce panel this week. Housing - Real estate - Business and Economy - Affordable and Low Income Housing - Property

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