OUR NEWS

Apr 29, 2016

Lending Industry, Recession, and Lending Trends with Barry Habib of MBS Highway #484

Bruce Norris is joined again this week by Barry Habib. Barry is an American entrepreneur and frequent media resource for his mortgage and housing insight. He has had a long tenure with monthly appearances for CNBC and Fox. Barry is the CEO of MBS Highway, a company and platform created

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Mar 24, 2014

The Norris Group Real Estate News Roundup 3/24/14

Today’s News Synopsis: A new report from RealtyTrac showed 96% of housing markets have shown improvement since the foreclosure peak in 2010. First mortgages showed a 2.8% increasing, putting the total now to $7.97 trillion and mortgage debt at its highest in 6 years.  The latest monthly update from the

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Oct 29, 2013

The Norris Group Real Estate News Roundup 10/29/13

Today’s News Synopsis: According to the latest S&P/Chase-Shiller Index, home prices increased again in August by 12.8% year-over-year, their fastest in over 6 1/2 years.  According to a recent study by USC, more Asian and Latino immigrants were able to keep their homes during the Great Recession as opposed to

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Oct 18, 2013

The Norris Group Real Estate News Roundup 10/18/13

  Today’s News Synopsis: Join us tonight as the Norris Group presents its sixth annual I Survived Real Estate!  In the news, California has received the biggest portion of housing relief funds from the Treasury than ever before. In hopes to gain more borrowers, lenders are becoming more lenient on

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Aug 15, 2013

The Norris Group Real Estate News Roundup 8/15/13

Today’s News Synopsis: Foreclosures increased 2% last month to 130,888, although they are still down year-over-year by 32%.  Unemployment claims decreased by 15,000 to 320,000 last week, the lowest since January 2008.  The Federal Reserve announced it may be making more cuts, starting with the Treasurys. In The News: Housing

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May 28, 2013

The Norris Group Real Estate News Roundup 5/28/13

Today’s News Synopsis: The Lender Processing Services reported home prices increased month-over-month in March by 1.4% and are now at their highest since March 2006.  10-year notes are under performing where they should be, although this may be positive for investors looking to enter the market.  LPS is being purchased

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May 02, 2013

The Norris Group Real Estate News Roundup 5/2/13

Today’s News Synopsis: Mortgage rates decreased for the fifth consecutive week with 30-year rates at 3.35% and 15-year rates at 2.56%, their lowest on record.  Almost 2,000 bank branches have been shut down since 2008, 93% of them determined to be in low income areas.  Housing costs are taking their

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Feb 01, 2013

The Norris Group Real Estate News Roundup 2/1/13

Sources: Tight inventories weigh on prospects for 2013 growth U.S. home prices crawl upward U.S. Home Vacancies Fell in 4th Quarter From Prior Year U.S. Mortgage Rates Rise With 30-Year Highest in 4 Months Economy Adds Another 157,000 Jobs; Rate Up to 7.9% Q4 GDP Falls for First Time Since

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Dec 14, 2012

The Norris Group Real Estate News Roundup 12/14/12

Sources: See stories below Today’s News Synopsis: Aaron Norris of The Norris Group presents the real estate news of the week. If you want to read the full stories, check out the news stories featured below.  Some highlights of the week include a case reopened against Wells Fargo, the Federal

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Dec 12, 2012

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

Today’s News Synopsis: Mortgage rates are at new record lows again at 3.47% according to the latest Mortgage Bankers Association survey, although applications are up 6.2%.  The Treasury, HUD and the Ad Council are seeking ways to offer hope to homeowners in crisis through their Foreclosure Prevention Assistance Public Service

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