Posts Tagged ‘baby boomer’

Mortgage Rates Decrease Again and Now Stand at 3.99% and 3.17%

November 20th, 2014

Today’s News Synopsis: Existing home sales increased by 1.5% last month to 5.26 million.  Mortgage rates decreased again with 30-year rates now at 3.99% and 15-year rates at 3.17%.  More parents are moving in with their children as the baby boomers are growing older. In The News: DS News – “FHFA Director

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261-TNGRadio – Robert Kleinhenz 1-21-12

January 20th, 2012

Robert Kleinhenz Chief Economist for LAEDC (Full Bio) This week Bruce Norris is joined by Robert Kleinhenz. Robert is the Chief Economist of the Kyser Center for Economic Research, which conducts research in regional, state, and national economies. Dr. Kleinhenz has a Bachelor’s Degree from the University of Michigan, a Masters and Doctorate

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The Norris Group Real Estate News Roundup 2/7/11

February 7th, 2011

The MBA reports $110 billion in commercial and multifamily mortgages were originated in 2010. 36,500 mortgages were modified through government and proprietary programs in December, according to Fitch Ratings. Altos Research announced plans to release a new, forward valuation model for real estate. S&P claims 80% of the loan modifications that took place over the last 3 years defaulted again within 2 years.

The Norris Group Real Estate News Roundup 1/29/10

January 29th, 2010

Foresight Analytics estimates that between 2010 and 2014, $770bn in commercial loans will be on properties in negative equity. According to the Commerce Department, the U.S. economy expandedin the 4th quarter at a six year record pace. RealtyTrac forecasts that foreclosures probably will reach 3 million this year. Henry Paulson claimed that Russia encouraged China to force a bailout of the largest U.S. mortgage-finance companies.