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 98 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 51 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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Mortgages
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Freddie Mac Maintains Positive Outlook amidst Housing Market Problems
250 ViewsThe economic outlook, as seen by the economists of Freddie Mac, shows worrying signs of less than
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A Possible Second Housing Bubble – an Unknown Risk Raising Concern
72 Views
A study released by TransUnion on Thursday shows that the fear of a second housing bubble is
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Toll Brothers Revenue Grows, As More Units Are Sold
3762 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
2823 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
1680 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
1330 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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The Purchase of New Vacation Home: A Rush Decision?
146 ViewsA great summer vacation often gives people the feeling that what they are missing is a dream summer house of their own. Last year had an
Read more ...US Manufacturing Industry Stabilizes as Sales of New Homes Drop to 7-Month Low
333 ViewsThis year, economists expect that the housing market will relatively counterbalance the manufacturing industry’s struggle. The strong housing
Read more ...Peak Sales for Existing Home in July 2014
65 ViewsSo far this year, July registered peak sales for existing homes, according to the National Association of Realtors® (NAR). Sales increased 2.4% from
Read more ...Obamas and Bidens Diverging in Home Loan Refinancing
65 ViewsDespite encouraging homeowners to refinance their home loans to lower interest rates, President Barack Obama, has not taken advantage of this
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Reduce Your Debt in 5 Steps: DIY Debt Reduction
48 ViewsReducing debt on your own is neither impossible nor too difficult: it only requires a bit of time and careful planning. Paying a debt counselor or a
Read more ...Peak Sales for Existing Home in July 2014
65 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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Citigroup accepts $1.13 Billion Agreement over Mortgage Securities
198 ViewsIn the attempt to control the liabilities related to the financial crash, Citigroup Inc. © accepted to settle claims from mortgage-bond investor:
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Weekly Mortgage Applications Suddenly Spike
68 ViewsReports of a massive spike in mortgage applications hit the market in spite of the slow progress of interest rates. Recorded data from the MBA
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