OUR NEWS

Sep 21, 2017

Attom Data: Homes in Higher Risk Areas Have More Equity and Longer Tenures.

Today’s News Synopsis: Home prices are rising faster in high natural disaster risk areas.  According to the latest home equity analysis from CoreLogic, the number of homes with a mortgage that is still in negative equity is 2.8 million.  The Federal Reserve has plans to start shrinking their bond portfolio

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Nov 12, 2015

HUD Announces Plans for Smoke-Free Homes

Today’s News Synopsis:   Mortgage rates increased, putting thirty-year rates at their highest since July at 3.98%, while 15-year rates were at 3.20%.  Foreclosure starts saw their highest increase in four years, up 6% from the previous month.  HUD announced plans to get rid of all tobacco-based products in homes,

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Nov 15, 2012

The Norris Group Real Estate News Roundup 11/15/12

  Today’s News Synopsis: Mortgage rates are now at new record lows again with 30-year rates at 3.34% and 15-year rates at 2.65%.  Mortgage delinquency rates also decreased to 7.4% as well as foreclosure rates decreased six basis points to 0.9%.  Housing affordability improved across the nation in the third

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Jan 13, 2011

The Norris Group Real Estate News Roundup 1/13/11

Today’s News Synopsis: Top News Stories: Several sources have reported that the number of foreclosures are expected to increase in 2011.  Bloomberg expected them to rise almost 20%.  In other news, a top story is that mortgage rates declined for the second week in a row according to Freddie Mac.

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