Massachusetts mortgage industry appointments update - 09/07/2006

Sep 07, 2006

'Aging in Place' awareness campaign plannedMortgagePress.comReverse mortgages, NAIPC A nationwide consumer awareness campaign organized by the National Aging in Place Council (NAIPC) will commence in October to increase seniors' knowledge and access to home- and community-based services that promote independent living. National Aging in Place Week, designated Oct. 8-14, will be commemorated in communities located in Arizona, California, Colorado, Florida, Maryland, New York, Pennsylvania, South Carolina, Utah, Vermont and Washington, D.C. Planned activities include luncheons, resource fairs and seminars. Washington, D.C.-based NAIPC serves as an ongoing forum for professionals from the private, public and non-profit sectors and businesses to work together to promote aging in place. For more information, call (202) 939-1784 or visit www.naipc.org.

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Sep 07, 2006

Analysis and Data

Home Sales Rise — Along With Prices And Inventory

February saw a 4.2% increase in home sales nationally, NAR data show

Existing-home sales rebounded in February, offering a glimmer of momentum in a housing market still grappling with affordability pressures and high mortgage rates. Sales rose 4.2% from January to a seasonally adjusted annual rate of 4.26 million, according to the latest data...

Analysis and Data

Half Of Renters Give Up On Buying

Nearly half of renters polled say they don't see homeownership as possible — ever

Nearly half of all renters responding to a new survey said the roadblocks in their way of buying a house — high prices, high loan costs, and a tight inventory of homes for sale — are just too great to overcome. Indeed, 48% of the 4,400 renters polled by NeighborWorks Amer...