Top News

More move, but not long distance- USA Today – – More Americans moved last year than in the previous year, but most didn’t go far, a sign that foreclosures and housing costs are still keeping people close to home.

States: Let taxpayers cover your mortgage – CNN Money – – NEW YORK (CNNMoney.com) — Unemployed? Owe more on your mortgage than your home is worth? Your state might one day pay your mortgage

Market News

Mortgage rates hit lowest levels of the year – MarketWatch – – Mortgage rates fell to their lowest levels of the year, and rates on 5-year adjustable-rate mortgages hit a record low, according to Freddie Mac’s weekly survey of conforming mortgage rates, released on Thursday

5/12/2010 Refinance Applications Surge, Purchase Applications Drop in Latest MBA Weekly Survey »
Mortgage Bankers Association – – Welcome to MBA. The Refinance Index increased 14.8 percent from the previous week and the seasonally adjusted Purchase Index decreased 9.5 percent from one week earlier. 

Home prices fall, but key markets improve – Bankrate.com – – Nationwide home prices were down slightly in the first quarter when compared to the same time last year, according to the National Association of Realtors’ latest quarterly survey. 

Home foreclosure rate posts first annual decline in five years – USA Today – – Foreclosure filings dropped 2% in April from a year ago, the first annual decrease in more than five years, according to a report out Thursday. HOME PRICES: May drop as tax credit expires CHARTS: Housing market’s rise, fall and rebound 

Maryland Governor Signs Power of Sale Law – DSNews.com – – Maryland Gov. Martin O’Malley has signed a new law establishing that a power of sale is valid in existing and future deeds of trust originally granted to a corporate trustee. 

Technology News

Google and Verizon building iPad competitor – Fortune – – McAdam, in an , said that tablets are part of the “next big wave of opportunities,” and that “work on a tablet is part of a deepening relationship between the largest U.S. wireless carrier and Google

Other News

Game Changing Ideas Help Realtors® Respond to Challenging Real Estate Market – REALTOR Magazine – – The National Association of Realtors® has selected 14 winning ideas from its “Game Changers Challenge” to create innovative programs that help Realtor® associations and their members respond to and excel in today’s challenging real estate

Green practices conflict with homeowners association rules – USA Today – – Early last year, Larry Lohrman, a homeowner in Salem, Ore., decided to try to cut his energy consumption by installing solar panels on his roof. He researched the panels, hired an installer and put a down payment on a 3,000-watt solar installation 

Recovery Requires Reshaping the Real Estate Industry, Say Realtors® – REALTOR Magazine – – While the fragile housing market has begun to stabilize, the economy and real estate industry still face many challenges on the way to a full 

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