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reduction : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "reduction"

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Citi Rolls Out Mortgage Relief Program for Disabled Veterans

Disabled veterans with Citi-owned mortgages may be able to tap into a special relief program recently announced by the financial giant. The program cuts interest rates for eligible service members and waives late fees and other past due amounts. The 2.5 percent rate reduction covers a two-year window. Service members are required to provide documentation [...]

31May2011 | | 0 comments | Continued
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Sellers Drop Prices By $27.4 billion

Foreclosures are impacting the marketplace and even the homes of the rich are going for less these days. A new study by Trulia says that 23.6 percent of current homes on the market have had at least one price cut and that the reductions are valued at $27.4 billion. The company says “the average price-reduced [...]

8Jun2009 | | 0 comments | Continued
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Speculator Risk Soars With Home Builder Discounts

If the full-page ads in my local paper are to be believed, new home demand has begun to flag. The issue is not how many units will be sold, rather it’s the way they’ll be priced. Recent ads have offered new home discounts ranging from $70,000 to as much as $100,000. In many areas across [...]

17Sep2008 | | 0 comments | Continued