Much to the chagrin of taxpayers all over the country, the tax-filing season begins in January and runs through April 15 of each year. As the current tax season approaches, it presents an opportunity to help tax-payers clarify their responsibilities and remind them of certain important tax deductions that may be available.
Most loan applications with less than 20% down payment are required to include mortgage insurance with the loan. However, mortgage insurance may still be needed, even if it’s not typically required by your lender.
Home buying has costs associated with it other than the mortgage itself. Known as closing costs,,these fees are a part of the home buying process and they are due at the time that the mortgage is finalized. Buyers, however, can negotiate these costs and reduce the expense with a little bit of effort and with the help of a good mortgage professional.
To get top dollar for your home, renovations may be necessary. However, some renovations can prove costly and they donât always add value to your home. Here are three inexpensive renovations that are sure to improve the resale value of your home.
Tired of digging through piles of mismatched plastic containers and lids? Consumate organizer Alejandra of alejandra.tv shows how to solve that problem.
Are you a homeowner who is searching for ways to make your home a bit more eco-friendly? In today’s post we’ll explore a few projects that handy do-it-yourselfers can undertake in order to make a home a bit friendlier to the local environment.
If your goal is to purchase a home, you may find that it is challenging to save up enough money for your down payment. While this is something that many first time home buyers struggle with, it is by no means insurmountable.
Renting a home is a good option for some, but buying a home just might be the best thing for you. Let’s take a look at some big advantages to buying a house that will help you get out of your renting rut and focus more on your future.
Are you ready to make that leap from living at home or renting to owning a home of your own? While everyone moves at their own pace, here are some signs that you can use to determine if it is time to own your own home.
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According to the Federal Housing Finance Agency (FHFA), U.S. home prices rose by 1.40 percent for the fourth quarter of 2014 and were up by 0.80 percent month-to-month from November. The seasonally adjusted FHFA House Price Index measures purchase transactions for homes connected with mortgages owned by Fannie Mae and Freddie Mac.
If your personal budget is similar to many other people’s budgets, your home mortgage payment is by far the largest expense that you pay for each month. In fact, this payment may easily account for 20 or 25 percent or more of your take-home income. Understandably, you may be focused on trying to pay this expense off early.
December home prices rose by 0.10 percent according to the Case-Shiller 20-City Home Price Index. The composite report tracks home prices in 20 U.S. cities. December’s results boosted home prices by 4.50 percent year-over-year, which is approximately double the inflation rate for 2014.
Home prices across the nation and in 20-select cities rose in December, but are well below the lofty price gains seen in 2013 and early 2014. The S&P Case Shiller 20-city Home Price Index was up 4.5% from December 2013 to December 2014, while month-over-month prices were up 0.9%. The 4.5% was just above the […]
The National Association of REALTORS® (NAR) reported on Monday that Existing Home Sales in January fell to their lowest levels since last April as tight inventories, seasonal weather and the ongoing rise in prices kept buyers out of the market. Sales fell to an annual rate of 4.82 million units, below the 4.95 million expected. […]