Sales of previously owned homes rose in September for the second straight month. The National Association of Realtors (NAR) on Monday reported a 10 percent jump. The month-to-month gain was more than analysts were expecting, and NAR says the latest numbers “affirm a sales recovery has begun.” Some market observers, though, suggest such an assertion [...]

HUD APPROVES $167 MILLION FINANCING PLAN TO BUILD STATE-OF-THE-ART HOSPITAL IN LAKEWAY, TEXAS The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to Lakeway Regional Medical Center in Lakeway, Texas. The $166.9 million loan is made possible through the Fede…ral Housing Administration’s (FHA) Section 242 Hospital [...]

As the Real Estate and financial markets continue to move up and down, mortgage rates can also be affected. Since mortgage rates are more closely tied to the bond markets, an up or down move in the stock market may not have the result in mortgage rates that one might expects. In fact, many times [...]