From The Orange County Register
“The Fed’s San Francisco unit noted housing in the West is “largely stable” in its 1st “Beige Book,” of 2010 — it’s a Federal Reserve Board report on regional economic conditions that’s done eight times a year.”
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DHW asks: Do you think the housing market is beginning to stabilize?
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Tags: beige book, fed, housing market, west
China announced on Sunday that it will not allow foreign speculative investment to cause a run on home prices.
The directive calls on the central bank and banking regulators to increase oversight and “window guidance” of mortgage lending.
“Relevant departments must enhance monitoring of loans and cross-border investment to prevent illegal inflows of capital into the property [...]
Tags: china, china housing bubble, chinese housing bubble, chinse housing market, foreign, Housing, housing bubble, housing market
Freddie Mac announced that the average 30-year mortgage interest rate hit a new record low this week at 4.71 percent. The driving force behind the rate’s decline is the government’s initiative to lower borrowing costs and strengthen the housing market.
The Federal Reserve is infusing $1.25 trillion into mortgage-backed securities in an effort to lower interest [...]
Tags: freddie mac, housing market, interest rates, the federal reserve
Recent reports forecast a bottom to the US housing market next year. How realistic are they?
Tags: 2010, employment, home values, Housing, housing bottom, housing bottom 2010, housing credit extension, housing forecast, housing market, housing news, housing report, jobs report, market forecast, Maya calendar, Real Estate, real estate bottom, real estate news, unemployment, us home prices, us housing market
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