July 2012

New Foreclosures Rise to 9% in 2nd Quarter of 2012 – RealtyTrac Reports

U.S. mortgage servicers and lenders are notifying more delinquent homeowners that they are facing foreclosure, this according to RealtyTrac’s Midyear 2012 Foreclosure Market Report. RealtyTrac reported that foreclosure process has been started in the second quarter of this year in 311,010 U.S. housing units. According to RealtyTrac, this is a 9% rise from the preceding …

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Housing Market Confidence among Americans Continues to Rise – Fannie Mae Survey Says

Results from Fannie Mae’s June 2012 National Housing Survey show that housing market confidence among Americans continues to trend in a positive direction. The positive outlook of Americans towards the housing market, according to Fannie Mae’s latest survey, was buoyed by historically low level of interest rates and low home prices. Doug Duncan, senior vice …

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Characteristics of Debt Free People

Here at the Guldi Group we are fans of Dave Ramsey, if you aren’t familiar with him yet check out this post on his blog. http://www.daveramsey.com/article/characteristics-of-debt-free-people/lifeandmoney_debt?ectid=bitlyified070920121320

How to Secure a Mortgage Rate within the 3% Range

The average 30-year fixed-rate mortgage in the U.S. is at record-low 3.66%, this according to the latest Freddie Mac’s Primary Mortgage Market Survey released last June 28. This is good news as the 30-year fixed-rate mortgage is the preferred choice of would be homebuyers. This record-low mortgage rate, however, is not within the reach of …

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