Chris Thorpe Real Estate

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• TDHCA ALLOTS ENTERPRISE COMMUNITY $5.7 MILLION

  TEXAS ( PRNewswire ) – The Texas Department of Housing and Community Affairs (TDHCA) allocated Enterprise Community Partners Inc. $5.7 million in Neighborhood Stabilization Program (NSP) funding to provide down payment and closing cost assistance, Read More... Posted Tuesday, July 06, 2010 7:55 PM by Chris Thorpe | 0 Comments Filed under: Real Estate, Finances, Buyer Information, borrowers

• DELINQUENCIES DOWN, OPTIMISM UP

  DALLAS ( Dallas Business Journal ) – By the end of 2009, 10.3 percent of Texas home loans were delinquent — up 0.5 percent from the third quarter — but the number of loans 30-60 days delinquent fell 11 basis points to 4.43 percent, according Read More... Posted Friday, February 26, 2010 2:40 PM by Chris Thorpe | 0 Comments Filed under: Real Estate, Market Conditions, Industry, Finances, borrowers

• FACING FORECLOSURE? KNOW THE FACTS AND PROTECT YOUR RIGHTS

  COLLEGE STATION (Real Estate Center) – Texas is experiencing its highest residential foreclosure rate since the late '80s. All residential foreclosures are governed by strict statutory rules, and Real Estate Center attorney Judon Fambrough says Read More... Posted Thursday, February 18, 2010 9:19 PM by Chris Thorpe | 0 Comments Filed under: Real Estate, Market Conditions, Industry, Finances, Seller Information

• 1,000 TEXAS TAX CREDIT CLAIMS FLAGGED FOR POSSIBLE FRAUD

  DALLAS ( Dallas Morning News ) – Nearly 1,000 first-time homebuyer tax credit filings in Texas have been flagged for possible ill-use of a taxpayer identification number primarily used by illegal immigrants, who are not entitled to the credit. This Read More... Posted Friday, February 05, 2010 11:54 AM by Chris Thorpe | 0 Comments Filed under: Real Estate, Industry, Finances

• NEW INITIATIVE SEEKS STABLE HOUSING MARKET

  WASHINGTON (U.S. Department of Housing and Urban Development) – The Obama Administration yesterday announced a new initiative for state and local housing finance agencies (HFAs). It will help support low mortgage rates and expand resources for low- Read More... Posted Thursday, October 29, 2009 5:27 PM by Chris Thorpe | 0 Comments Filed under: Real Estate, Announcements, Industry, Finances, Buyer Information, borrowers, credit markets

• 30-Year Mortgage Rates Fall Under 6%

  Freddie Mac reports a drop in the 30-year fixed mortgage rate to 5.94 percent during the week ended Oct. 9, marking the first decrease in three weeks. The 15-year fixed rate slipped to 5.63 percent from 5.78 percent the previous week. Meanwhile, the five-year Read More... Posted Sunday, October 12, 2008 9:20 PM by Chris Thorpe | 0 Comments Filed under: Real Estate, Market Conditions, Announcements, Industry, Finances, Buyer Information, borrowers, interest rates, payments, credit markets

• HIGH-END HOME SALES TAKE HIT

  DALLAS ( Dallas Morning News ) – High-end home sales have taken a hit from the stumbling mortgage market, with million-dollar-plus home purchases falling about 12 percent in the Dallas–Fort Worth area through August. "The high-end market Read More... Posted Saturday, October 11, 2008 8:41 PM by Chris Thorpe | 0 Comments Filed under: Real Estate, Market Conditions, Finances, borrowers, home, High-end, credit markets