Interest rates fluctuate frequently, often depending on the news. If you are considering refinancing your home, your loan officer may suggest locking in the interest rate on your loan.
Last week brought several indicators of a strengthening economy. New home sales, private and federal employment and mortgage rates rose.
The Institute for Supply Management reported today that its ISM Manufacturing Index, which covers activity across the nation, rose to its highest level since April of 2011 to 57.3. Within the report it showed that the employment component registered 58.3, an increase of 3.3%, which was the highest reading since April of 2012. Of the […]
According to the S&P Case-Shiller 10-and 20-City Housing Market Indices for September, home prices grew at an average of 13.30 percent year-over-year and achieved the highest growth rate for home prices since February 2006.
Economic data was abundant today and zeroed in on the housing market. Housing prices continue to rise as evidenced by the Case Shiller 20-city Index gaining 13.3% year-over-year in September and was the largest annual gain in seven and a half years. From August to September, the index rose 1.3%. Further enforcing a strengthening housing […]
The National Association of REALTORS reported Monday that pending home sales dropped by -0.60 percent in October after falling at a revised rate of -4.60 percent in September.
Private Money financing refers to loans collateralized by real estate, where the source of the funds used to close Real Estate transactions come from private investors. The decision by the investors to make a loan is based primarily upon plenty of equity in the real property securing the loan thus reducing the risk of loss.
How do you know what happens to your documents when you put a piece of paper in the trash? It can be difficult to know who is seeing it and what they are doing with it. It isn’t very common to burn trash anymore; therefore you can be sure that your paper garbage or recycling is likely to pass through several hands on its way to a landfill or recycling center.
You have found your dream home and you are eager to get a mortgage, move into the property and start enjoying life there. However, there is only one problem standing in your way â the fact that you have been through some hard financial times in the past.
The calendar has turned and with that we receive less sunlight, colder temperatures, and shorter days ahead, it’s an opportune time to cross those last-minute maintenance items off your homeowner to-do list.
Summer has been over and Fall is really here, temperatures are beginning to drop, and youâre dreading having to turn the heat on for the first time. Firing up the furnace can burn a hole in your pocket, but thereâs something you can do about it. Consider these tips to help lower your heating bill.
Every week the trash truck comes to pick up our garbage and unwanted items, which are promptly taken to landfills. Instead of filling landfills and just buying new items to stuff our homes, we can help the earth and recycle everyday household items.
Below are a few fun and creative ideas for recycling things around your home that you might be ready to trash.
Other Recent Posts
Have you ever considered paying off the mortgage on your home in two biweekly payments rather than one monthly payment? It might seem like this wouldn’t make a difference, but the truth is that biweekly payments really do add up more quickly.
Fannie Mae announced its November National Housing Survey results yesterday revealing that cautious consumers are stalling housing momentum as Americans remain vigilant about their personal finances and the state of the economy. The share of respondents who say mortgage rates will go up in the next 12 months increased by 2% to 59%. The National […]
The government reported today that economic growth in the U.S. for the third quarter grew at a faster pace than what was first reported. Gross Domestic Product (GDP) rose by 3.6% in the second of three readings, led by a large buildup in inventories. GDP measures the output of goods and services produced by labor […]
Yesterday you may have read the blog post on questions to ask yourself before applying for a mortgage, well here are 5 additional that you may want to think about before you go into your meeting with your loan officer.
The Mortgage Bankers Association reported this morning that its Market Composite Index, as measure of total loan application volume, fell by nearly 13% in the latest week. The refinance index declined by 18% while the purchase index fell by 4%. Home loan rates rose during the summer months, easing the demand for home purchase and […]