How many buyers qualify for new 'safe' mortgage rules? Wall Street Journal: About one in five mortgages purchased by Fannie Mae or Freddie Mac over the 1997-2009 period would meet the proposed standard of "safe" mortgages that would be exempted from costly new lending rules. | DC's March home sales represent return to 'normalcy' DC Urban Turf: While the increased sales activity is positive news for the region, RBI analyst Jonathan Miller sees the sales surge as a return to the seasonality of the market, not a second coming of the housing boom. |
Some neighborhoods shine, although Washington condo market continues to struggle Washington Post: Trendy neighborhoods in the District and close-in suburbs may be blossoming, but much of the Washington area may find it to be another chilly spring. | Proposed federal rules would drive many out of the market for home loans Washington Post: Under the law, loans that do not meet the stricter standards will be pushed into a less-favored, higher-cost category. |
Donohoe's trifecta in Woodmont Triangle | Avoiding refinancing costs after a divorce The New York Times: There is another, little-known option that can avoid refinancing and its costs, which generally run 3 to 6 percent of the outstanding loan principal. |
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