Colonial Heights Real Estate News
Real Estate news for Colonial Heights, VA continually updated from thousands of sources.
Thursday Dec 22 | via Powhatan Today
Mortgage giant Freddie Mac said Thursday that the rate on 30-year fixed-rate loans jumped to an average 4.30 percent from 4.16 percent last week and the highest since April 2014. The average for a 15-year mortgage rose to 3.52 percent from 3.37 percent last week and the highest since January 2014. Comment?
Dec 15, 2016 | via Powhatan Today
Long-term U.S. mortgage rates climbed for the seventh straight week following Donald Trump's election victory, again marking new highs for the year. Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed rate loan rose this week to 4.16 percent from 4.13 percent the previous week. Comment?
Nov 2, 2016 | via Powhatan Today
Wells Fargo & Co. reached a $50 million settlement this week with homeowners who alleged that the bank marked up home appraisal fees for borrowers who defaulted on their residential loans. Comment?
Oct 25, 2016 | via Powhatan Today
Homes sales in the 16-jurisditions of the Richmond region rose 8 percent in the third quarter from the same period a year ago, according to a report released this morning by the Central Virginia Regional Multiple Listing Service. The Tri-Cities area led the region in sales growth, with the number of sales in Hopewell, Petersburg and Colonial Heights rising 28 percent from the same quarter a year ago. Comment?
Oct 23, 2016 | via Powhatan Today
Standard & Poor's releases S&P/Case-Shiller index of home prices for August. The Conference Board releases the Consumer Confidence Index for October. Comment?
Thursday | via Bloomberg
Steven Mnuchin, Treasury secretary nominee for president-elect Donald Trump, arrives to a Senate Finance Committee confirmation hearing in Washington, D.C., on Jan. 19. Steven Mnuchin, Donald Trump's nominee for Treasury secretary, dashed some investors' hopes for a rapid windfall on investments in mortgage-finance giants Fannie Mae and Freddie Mac under the new administration. Mnuchin said comments he made last year on Fannie and Freddie weren't meant to endorse a view the government should quickly recapitalize the companies and then sell its stakes. Comment?
Wednesday Jan 18 | via NBC12
Hundreds of thousands of Virginians are swimming in student loan debt. An estimated 629,000 could benefit from refinancing at lower rates, according to some state legislators. Comment?
Monday Jan 9 | via NBC29
Lawmakers are introducing bills aimed at lowering interest rates, and having the commonwealth play a role in issuing new loans. Democrats argue Virginia's economy is being held back because graduates are unable to invest much in the economy. Comment?
Monday Jan 9 | via The Washington Post
For the most part, Northern Virginia has seen a stable pattern of real estate activity in the past five years. While home prices have experienced a steady upward trajectory, there are some signs that several locations have started to pull away from the pack and outpace the rest of the competition. Comment?
Wednesday Jan 4 | via NewsOK.com
District of Columbia residents filed complaints with the Consumer Financial Protection Bureau at a rate almost three times as high as Americans overall during the first 11 months of 2016, according to data from the U.S. agency. Across the country, the per capita rate of complaints was 52.3 per 100,000 people during that period. Comment?
4 min ago | via Albany Times Union
" For too long, a small group in our nation's capital has reaped the rewards of government while the people have borne the cost. Washington flourished, but the people did not share in its wealth. Comment?
18 min ago | via Seeking Alpha
I've been critical of BB&T in the past as its also-ran fundamentals didn't seem to match its above average multiple. The company's growth-by-acquisition strategy is one I'm not a big fan of because it is expensive and difficult to execute, and thus, BBT hasn't exactly been a favorite pick of mine. Comment?
34 min ago | via The Sietch Blog
He banned the national park service from twitter , because they retweeted some posts that hurt his feelings. Only a child would act this way, also its horrific that the crack down on dissent to his foolishness can extent to even something so small as a tweet he doesn't like. Comment?
36 min ago | via Worcester Telegram & Gazette
An hour after Donald Trump assumed the presidency Friday, his administration indefinitely suspended a pending rate cut for mortgage insurance required for FHA-backed mortgages, which are popular with first-time home buyers and those with poor credit. The move by the Department of Housing and Urban Development - one of the first acts of Trump's administration - reversed a policy announced in the waning days of the Obama presidency that would have trimmed insurance premiums for typical borrowers by hundreds of dollars a year. Comment?
52 min ago | via Daily Political
JPMorgan Chase & Co. boosted its position in shares of Nationstar Mortgage Holdings Inc. by 8.6% during the third quarter, according to its most recent Form 13F filing with the SEC. Comment?
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