Weekly Roundup: Mortgage rates hit record lows

Here’s your chance to catch up with news included to inform, enlighten and perhaps even entertain you. To read about The Big Apple, check out another of today’s three posts.

HAVING SOLD HIS SOHO APARTMENT, HE HAS DESIGNS ON THE HIGH LINE IN WEST CHELSEA

SPORTS FIGURE FAKES A $4.4 MILLION LISTING IN 2005, FINALLY SCORES AFTER A PRICE CUT TO $2.675 MILLION

REAL ESTATE MOGUL’S PENTHOUSE ON CENTRAL PARK WEST FINDS UNNAMED BUYER FOR $40 MILLION, OR $10,259/SF

MEANTIME, THE SAME MOGUL HAS HIS OFFER ACCEPTED FOR MERGER MOGUL’S FIFTH AVENUE AERIE

NOW LIVING IN LOS ANGELES, PREGNANT SUPERMODEL PUTS CHELSEA DIGS ON THE MARKET

NBA’S HIGHEST SCORER IS APPARENTLY LONG GONE FROM HIS HARLEM TOWNHOUSE, LISTED FOR $3.1 MILLION

WITH GROWN CHILDREN, RUSSIAN-BORN DANCER IS ASKING $4 MILLION FOR HIS HOME IN SNEDEN’S LANDING

FOUNDER OF BLACK ENTERPRISE IS SELLING HIS SCARSDALE HOME FOR $11 MILLION

FORECLOSURE DELAYS CAUSE DIP IN SEPTEMBER SALES OF PREVIOUSLY OWNED HOMES

Q3 HOUSE PRICES PLUNGE 7%, BUT NEW YORK, D.C., HONOLULU AND BRIDGEPORT POST GAINS

HOME PRICES FALL IN NEARLY HALF OF THE COUNTRY’S METRO REGIONS AFTER TAX-CREDIT INITIATIVE ENDS


ALTHOUGH JUMBOS ARE COMING BACK, LENDING STANDARDS REMAIN HIGH

EVEN PAYING EVERY BILL BUT THEIR FIRST MORTGAGE, BORROWERS WILL SOON FACE BIG CREDIT-SCORE HIT

FORECLOSURE TIMELINES STRETCH OUT, EXTREME DELINQUENCIES ON THE RISE

LOANS FOR PURCHASE AND REFINANCE CLIMB AS RATES STEADY

BUT RATES ACTUALLY DROP TO NEW RECORD LOWS THIS WEEK

NEW FED GUIDE AIMS TO HELP CONSUMERS UNDERSTAND THEIR CREDIT INFORMATION

UNSURPRISINGLY, FORECLOSURE ACTIVITY SLIPS 4 PERCENT IN OCTOBER

A FEDERAL RESERVE BANK OFFICIAL ARGUES FOR REDUCING TAX BENEFITS FOR HOME OWNERSHIP

YOU’D BE FOOLISH NOT HEED THIS LAWYER’S ADVICE ON HIRING YOUR REAL ESTATE ATTORNEY

GROWING NUMBER OF BORROWERS IN IRELAND FALL BEHIND IN MORTGAGE PAYMENTS

NATIONAL ASSOCIATION OF REALTORS BARS DISCRIMINATION BASED ON SEXUAL ORIENTATION

DO YOU HAVE $84 MILLION TO SPARE FOR A NICE LITTLE PLACE IN PALM BEACH?


HERE’S A CURE FOR THE HEARTBREAK OF STAINED CONGOLEUM

IF YOUR THUMB AIN’T GREEN, YOU’LL HAVE A HARD TIME KILLING CERTAIN HOUSEPLANTS

SURVEY REVEALS THAT TODAY’S BUYERS PLAN TO STAY IN NEW HOME LONGER THAN IN RECENT PAST

AND 27 PERCENT LIVE IN ONE-PERSON HOUSEHOLDS, UP FROM 25 PERCENT IN A DECADE AND HALF THAT IN 1960


REFERRING TO BUILDERS’ ‘FEEDING FRENZY’ DURING THE BOOM YEARS, TOLL BROTHERS CEO DOESN’T EXPECT THE HOUSING MARKET TO ROAR BACK

MORTGAGE RATES MAY FALL BELOW 4 PERCENT–OR NOT

In the sidebar on the right, you can search for properties listed by various brokers, though I encourage you to be in touch with me for assistance and advice. You also may want to see my periodic critiques of properties that I visit in “Out and About,” which is posted today.

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Malcolm Carter
Licensed Associate Real Estate Broker
Senior Vice President
Charles Rutenberg Realty
127 E. 56th Street
New York, NY 10022
M: 347-886-0248
F: 347-438-3201

Malcolm@ServiceYouCanTrust.com
Web site

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