Owensboro Real Estate News
Real Estate news for Owensboro, KY continually updated from thousands of sources.
Oct 10, 2016 | via Realtor Magazine
Low mortgage rates could particularly expand the buying power for millennial, first-time purchasers, according to Ellie Mae's monthly Millennial Tracker. Lower rates can be a boon for many consumers such as home owners looking to refinance but the low rates may help get first-time home buyers on the move, according to Ellie Mae's report. Comment?
Oct 5, 2016 | via Freshnews
As the Fed weighs increasing interest rates, average rates on home loans obtained by millennials fell to 3.763 percent in August, according to the latest Ellie Mae Millennial Trackera . This demonstrates a steady decrease from a high of 4.124 percent in February. Comment?
Sep 21, 2016 | via Grayson News Gazette
Many people who carry a home mortgage dream of the day when they will no longer face the burden of a monthly house bill. They want the financial freedom - and the satisfaction - of owning their home outright. Comment?
Jul 13, 2016 | via Grayson News Gazette
You've just been offered your dream job in a city far from your current home. While you're excited for the opportunity, it can be stressful to think of all the to-dos and costs associated with managing your transition to a new community. Comment?
Jul 6, 2016 | via Information Technology
Fitch Ratings has affirmed the 'BBB+' rating on the following Kentucky Economic Development Finance Authority bonds, issued on behalf of Owensboro Health : The bonds are secured by a security interest in net revenues and receivables of the obligated group, a mortgage lien, and a debt service reserve. DOMINANT MARKET POSITION: The rating affirmation is primarily supported by Owensboro's dominant market position as the only provider in its primary service area of Daviess County, where it holds a 92% market share. Comment?
Thursday Jan 26 | via Floyd County Times
Attorney General Andy Beshear announced Wednesday that Kentuckians who filed claims in the settlement with mortgage lender and servicer HSBC to address mortgage origination, servicing and foreclosure abuses will receive payment in February. The $59.3 million settlement is to provide direct payment to approximately 1,407 eligible Kentucky borrowers whose loans were serviced by HSBC and who lost their homes to foreclosure from Jan. 1, 2008, through Dec. 31, 2012, and encountered servicing abuse. Comment?
Dec 13, 2016 | via National Mortgage News
Nearly 350 Kentuckians and three state organizations have received a combined $18 million from the 2014 Bank of America settlement that involved mortgage loan practices during the 2008 financial crisis. Attorney General Andy Beshear made the announcement Monday in a news release. Comment?
Dec 13, 2016 | via Floyd County Times
Attorney General Andy Beshear announced Monday that nearly 350 Kentuckians and three state organizations have received a combined $18 million from the 2014 Bank of America Settlement involving the company's mortgage loan practices during the 2008 national financial crisis. Comment?
Nov 17, 2016 | via Reuters
China's new home prices grew in October at the fastest rate since record-keeping began in 2011, despite a significant slump in property sales volume as local governments stepped up measures to cool skyrocketing prices. , moved, 400 words) WASHINGTON - The election of Donald Trump as U.S. president has done nothing to change the Federal Reserve's plans for a rate increase "relatively soon," Fed Chair Janet Yellen said on Thursday in Congressional testimony that included a pledge to serve out her term. Comment?
Oct 8, 2016 | via Grayson News Gazette
A common misperception among those working through a divorce is that the work is over once the divorce is final. After the decree is entered, there are still a number of steps Kentuckians should take to prevent legal and financial complications down the road. Comment?
30 min ago | via Searchlight Crusade
HI, My name is DELETED and my husband and I are searching for a way to get out of our Negative ARM loan before we get upside down. Our problem right now is our loan to value. Comment?
34 min ago | via The Motley Fool
A 30-year mortgage offers lower monthly payments and more financial flexibility, but consider a 15-year loan, too. If you're disciplined, you can have the best of both worlds. Comment?
37 min ago | via USA Today
Check out this story on USATODAY.com: http://usat.ly/2ljHp2e It's important to know how much home you can afford before you start the house-hunting and mortgage approval processes. Doing so can help limit your search to realistic options, and help you avoid disappointment when you find a house and then apply for financing. Comment?
40 min ago | via The Columbian
An hour after Donald Trump took the oath of office last month, his administration caught the attention of the real estate industry when it abruptly suspended a planned cut in Federal Housing Administration mortgage-insurance premiums. The Department of Housing and Urban Development cited the need for further analysis to protect taxpayers in halting the policy that would have saved FHA borrowers as much as $1,000 or more a year. Comment?
1 hr ago | via Silicon Alley Insider
In the final quarter of last year, Americans spent the highest share of their incomes on mortgage payments since 2010, according to real estate company Zillow. The economy's improvement after the housing crash generated new buyer demand for housing, even though the homeownership rate remained historically low. Comment?
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