Are Reverse Mortgages really that good a choice? The major concern with a Reverse Mortgage is that of high costs. There are various reasons for which people decide to take this financial
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Jumbo Mortgage Rates
Comment Off 93 ViewsWhat is a jumbo loan? As the very name suggests a Jumbo Loan is one that exceeds the conforming loan limit. The amount of money that you can borrow is above the average: hence the name
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Fixed Rate Mortgages
Comment Off 44 ViewsIf we pay so much importance to trying on shoes before we buy them to make sure they fit, we should pay all the more attention to loans. “Trying on” various loan types means shopping around,
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Adjustable Rate Mortgages
Comment Off 33 ViewsOne way of classifying mortgages is by the type of interest rate, i.e. fixed or adjustable. For an adjustable rate mortgage or ARM, the interest rate varies, which means that your due monthly payment
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Toll Brothers Revenue Grows, As More Units Are Sold
3752 ViewsToll Brothers Inc., a home building company based in Horsham Pennsylvania, announced a 29 percent increase in its quarterly revenue due to the sale
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Housing Market Projects Are Looking Brighter for the Spring
2804 ViewsUnemployment, the high cost of just about everything and bills piling up to the sky..We have been facing all these problems for awhile now. The
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US Construction Spending on a Record Rise Despite Sluggish Economy
1653 ViewsU.S construction data shows an unusual rise in spending despite the overall slowdown in the economy. Construction spending surged to an annual rate
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Varying Views of Economists on Falling Oil Prices for Home Construction
1293 ViewsFalling oil prices on housing has been one of the most controversial topics for economists. They view such idea from different perspectives. Some
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Peak Sales for Existing Home in July 2014
61 ViewsSo far this year, July registered peak sales for existing homes, according to the National Association of Realtors® (NAR). Sales increased 2.4% from
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Big Rise in Sales of US Existing Homes
143 ViewsThe home sales figures in May point to the biggest rise in four years for previously owned US homes. After a slow start at the beginning of the year,
Read more ...Home Prices Enter Moderate Trend
30 ViewsAfter last year’s sharp gains, the increase of US home prices seems to be slowing down, according to the results reported by major real estate
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Rise in Mortgage Applications with Higher Purchase Volume
972 ViewsFor the third consecutive week, there has been a rise in mortgage applications due to the increase in purchase volume. Peak levels were reached in
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Modifications in mortgage interest deductions to stimulate homeownership!
182 ViewsIndustries that employ middle-class workers promote homeownership thanks to the mortgage interest tax deduction. There is also broad public support
Read more ...Credit Card Debt Consolidation – The Basics
169 ViewsLoan Requirements for Credit Card Consolidation A few basic concepts and aspects need to be clear before you attempt consolidation for credit card
Read more ...Buying a house that is NOT for SALE!
108 ViewsUnsolicited offers on your home: how would you respond to that? Buying your dream house may not be piece of cake at all, particularly when you're
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Disaster Areas – Home Loans and Appraisals
124 ViewsQuestion: What are the documentation requirements after the appraisal is completed for a subject property situated in a disaster
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