Don’t be a Victim to Foreclosure Scams

Foreclosure is a big nightmare for a homeowner. The dream you've worked so hard to have and give your family it's ideal home but due to unexpected finances maybe you are struggling to meet your monthly mortgage payment? In swoops some company saying "we'll bail you out and save your home!" Don't trust them. At AZ Home Help, we will help guide you to a solution that actually helps your situation instead of making it worse. Our expert agents help homeowner's, like you, avoid foreclosure but with a short sale. To learn more about how we can help you visit us online at http://goo.gl/JF7HrY

Don’t be a Victim to Foreclosure Scams

Foreclosure is a big nightmare for a homeowner. The dream you've worked so hard to have and give your family it's ideal home but due to unexpected finances maybe you are struggling to meet your monthly mortgage payment? In swoops some company saying "we'll bail you out and save your home!" Don't trust them. At AZ Home Help, we will help guide you to a solution that actually helps your situation instead of making it worse. Our expert agents help homeowner's, like you, avoid foreclosure but with a short sale. To learn more about how we can help you visit us online at http://goo.gl/JF7HrY

Mortgage Rates Steady to Slightly Higher

Hot news from AZ Home Help:

Posted To: Mortgage Rate Watch

Coming off their best day in over a month, mortgage rates held mostly steady today. Some lenders were just slightly higher. This is somewhat of an accomplishment considering the movement seen in underlying bond markets. Specifically, bond markets suggested a bigger move higher in rates today, based on the typical level of correlation. That said, it's not uncommon to see rates hold steady on days that follow the sorts of big moves lower we saw yesterday. The reason is simple: lenders simply didn't adjust rates lower at the pace that market movement suggested. As such, they had an extra cushion for today's weakness, which was largely intact by the time the first rate sheets of the day came out. The average lender continues to quote 4.0% on top tier conventional 30yr fixed scenarios, but several...(read more)

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Source: http://www.mortgagenewsdaily.com/consumer_rates/538023.aspx

- For more real estate news visit our website at http://www.AzHomeHelp.com

Distressed Home Sales Creep Toward Normal

Hot news from AZ Home Help:

Posted To: MND NewsWire

Is it our imagination or has the return to normal levels of distressed home sales become an agonizing endurance test? Despite a nearly steady downward trend the market share of distressed home sales in September remained nearly four times the pre-crisis level CoreLogic said that sales of bank-owned property or REO made up 6.4 percent of all home sales in September and short sales accounted for another 3.3 percent. The combined 9.7 percent distressed home share was down 2.4 percentage points from September 2014 and 0.1 percent on a month-over-month basis. The REO sales share was the lowest since it reached 6.7 percent in October 2007 . From that point REO sales continued to climb, reaching 27.9 percent in January 2009 when combined distressed sales peaked at 32.4 percent. The short sales share...(read more)

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Source: http://www.mortgagenewsdaily.com/12022015_corelogic_distressed_sales.asp

- For more real estate news visit our website at http://www.AzHomeHelp.com

MBS RECAP: Suddenly, Bonds Are Back in The Game

Hot news from AZ Home Help:

Posted To: MBS Commentary

Granted, it would be a long shot, and it would require the rest of the week's data playing along, but bond markets are suddenly considering that the rest of 2015 doesn't necessarily have to be doom and gloom. Reason being: doom and gloom for the long term economic outlook is a happy thing for fixed income. Of course there's already quite a bit of long term doom and gloom baked into trading levels when the Fed is set to hike rates in a few weeks and only the shorter term yields seem to be responding. Part of that is due to longer term yields already 'pricing in' the hike, but the bigger reason is that market participants just aren't seeing this hike as being made possible by a new age of economic prosperity-- not by a long shot . Today's Manufacturing PMI coming in...(read more)

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Source: http://www.mortgagenewsdaily.com/mortgage_rates/blog/537508.aspx

- For more real estate news visit our website at http://www.AzHomeHelp.com

MBS MID-DAY: Biggest Rally in 2 Months. Why?

Hot news from AZ Home Help:

Posted To: MBS Commentary

Bond markets are in the midst of their best day of trading since October 2nd. For perspective, that says less about how strong things are today and more about how weak the past 2 months have been. For instance, Fannie 3.5s are up a mere quarter point on the day, and only 3/8ths of a point trough to peak, but that's enough to claim the top spot. 10yr yields are down 5.4bps (almost 9 from peak to trough) and that completely obliterates anything since early October. The point is that bond markets have either been selling-off or tepidly recovering for the past 2 months and today is the first day that stands out as something new and different. Why is this happening? At first glance, this morning's ISM report looks like a culprit . It came in under 50 for the first time since late 2012--the...(read more)

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Source: http://www.mortgagenewsdaily.com/mortgage_rates/blog/537455.aspx

- For more real estate news visit our website at http://www.AzHomeHelp.com

Mortgage Rates Unchanged to Begin Busy Week

Hot news from AZ Home Help:

Posted To: Mortgage Rate Watch

Mortgage rate drama has been on an unapologetic, no-holds-barred, "couldn't-care-less" sort of vacation for the past 2-3 weeks . There have only been microscopic changes from day to day, and they've canceled each other out over that time frame to boot! In other words, there has been no net change in rates since the middle of November. The past 3 business days (Wed, Fri, and today), have been especially calm. Not every lender kept the same hours during that time, and not every lender held perfectly steady, but there certainly wasn't enough movement to affect the most prevalently-quoted conventional 30yr fixed quote of 4% on top tier scenarios. The recent calm runs the risk of building a false sense of security . There are several important events on the horizon that could get things moving again...(read more)

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Source: http://www.mortgagenewsdaily.com/consumer_rates/537170.aspx

- For more real estate news visit our website at http://www.AzHomeHelp.com