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Location: Buy Sell Discount Real Estate
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 | South Tempe Home - Price: $196,000 City: Tempe State: AZ Zip Code: 85283 View Details | |  | Cute Easy Fixup! Price: $67,000 City: Phoenix State: AZ Zip Code: 85035 View Details | | | Feature Your Listing What's this? |
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Mortgage Rates
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H4H Gets BetterThe maximum loan-to-value on the HOPE for Homeowners program has been raised to 96.5 percent, the U.S. Department of Housing and Urban Development announced. In conjunction with the increase to LTVs, HUD said it would
eliminate the previously required trial modification. Another change to the H4H program includes an extension of mortgage terms to 40 years from 30 years. Wave of Subprime Downgrades ComingCumulative losses on subprime residential mortgage-backed securities issued in 2007 are now projected at 31 percent, Fitch Ratings announced. The frequency of foreclosure on the 2007 issuances are projected at 52 percent.
Fitch said it is reviewing subprime RMBS issued from 2005 to 2007 and expects to release updated ratings during the next several days. More News...
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Investors Classifieds (IC) will postion themselves to be a leading information services provider that offers a suite of products and services tailored to the national and local needs of the Real Estate Investor. IC operates the discount real estate listing service online. In fact it is the only one of its kind that targets Real Estate Investors. Including $4,089,796,126 of property listed for sale. IC covers a varity of property categories including pre-foreclosures, foreclosure, REOs, distressed and retail. With more than 140210 members, IC goal is to attract the largest community of real estate investors, tenants and end buyers. IC's market-leading sub-domain product powers the web sites for other investor real estate organizations and seamlessly integrates their web sites with IC's listing service at www.investorsclassifieds.com/sub.
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