Existing Home Sales Plummet In July; Home Buyers Gain Leverage
The number of home resales plunged by 1.4 million units in July, according to the National Association of Realtors®’ Existing Home Sales report. It’s a drop of 27 percent from June; single-family home...
View ArticleNew Home Sales Drop In July — Just Like Existing Home Sales
One day after the National Association of Realtors released the softest Existing Home Sales report since 1995, the U.S. Census Bureau released a similarly-weak New Home Sales report. Americans bought...
View ArticleHome Affordability Rankings For 225 Metropolitan Statistical Areas
With home prices holding firm and mortgage rates still dropping, home affordability is reaching new heights. According to the quarterly Home Opportunity Index as published by the National Association...
View ArticleThe Deal On Mortgage Rates This Week – August 30, 2010
Mortgage markets improved last week despite a major mortgage bond sell-off Friday afternoon. Prior to the jump, conforming mortgage rates had cut new, all-time lows by Thursday, only to lose up to...
View ArticleMortgage Rates May Be Low, But They're Tough To Pin Down — Especially This Week
Mortgage rates are low right now but pinning them down this week could be a challenge. As Labor Day Weekend nears and Wall Streeters take their head-start on the holiday, trading volume will fall,...
View ArticleCase-Shiller Posts 16th Straight Month Of Home Price Improvement
According to the Standard & Poors Case-Shiller Index, home values rose 5 percent in June versus the month prior, and 4 percent from a year earlier. It’s the 16th consecutive month in which...
View ArticleAugust's Fed Minutes Lead Mortgage Rates Higher
Home affordability took a slight hit this week after the Federal Reserve’s release of its August 10 meeting minutes. The “Fed Minutes” is a lengthy, detailed recap of a Federal Open Market Committee...
View ArticleAugust 2010 Jobs Report Pushes Mortgage Rates Higher
On the first Friday of each month, the Bureau of Labor Statistics releases Non-Farm Payrolls data for the month prior. The data is more commonly called “the jobs report” and it’s a major factor in...
View ArticleThe Deal On Mortgage Rates This Week – September 7, 2010
Last week was a roller-coaster ride in the conforming mortgage market. After opening the week by making new, all-time lows, markets reversed sharply on better-than-expected data in manufacturing and...
View ArticleHome Sales Are Back On The Rise After A 2-Month Pullback
Just one week after reports of Existing Home Sales and New Home Sales plunging, the housing market is signaling that auturm may fare better than did summer. The number of homes under contract to sell...
View ArticleIn The Market For Property? Real Estate Tips And Ideas
Keeping an open mind when purchasing real estate is always good advice. There is also lots of other great advice and suggestions to follow that will keep you ahead of ... Read more
View ArticleHow To Improve Debt To Income Ratio
How do I improve my debt to income ratio? First of all, if you’ve ever talked to a bank and they threw that language at you, let’s just make sure ... Read more
View ArticleFHA First Time Home Buyer Mistakes
Today we are gonna be discussing mistakes that purchasers make all the time that cost them countless dollars or even losing out on their dream home. Number one, handling brand-new ... Read more
View Article6 Financial Steps to Take Before Buying a Home
If you’ve decided you wish to purchase your next home, it’s time to check your credit report and your credit score to make sure you’re in excellent standing prior to ... Read more
View ArticleAvoiding The Biggest First Time Home Buyer Mistakes
In this short article, we talk about leading first-time property buyer mistakes and what you can to reduce them. The first, the biggest mistake that I see buyer’s making, particularly ... Read more
View ArticleShould You Refinance Your Home Mortgage During The Coronavirus?
Should I go refinance my residence throughout the corona virus epidemic? Most individuals will certainly want to due to the fact that the federal get price is now at 0%. ... Read more
View Article15 Year Vs 30 Year FHA Mortgage
Today we’re comparing the benefits and drawbacks in between a 15 year home mortgage and a 30 year home loan. Buying a residence is just one of the greatest acquisitions ... Read more
View ArticleHow To Choose A Buyers Agent
Today, I wish to speak about exactly how to acquire a residence and also even more especially, exactly how to pick a real estate agent to work with. Okay, so ... Read more
View ArticleHow To Choose A Real Estate Agent For Selling Your Home
In this article, we consider exactly how to pick a Realtor when selling your beautiful home. Well you’re absolutely most likely to intend to interview a Realtor. I would certainly ... Read more
View ArticleHome Equity Loan vs HELOC (Home Equity Line of Credit) – Which is Better?
There’s typically debate around making use of home equity loans versus home equity credit lines. Which one is right for you? Allow’s break down the pros cons and also best ... Read more
View Article