The economic outlook, as seen by the economists of Freddie Mac, shows worrying signs of less than optimistic employment results and overall slowdown in the economy for the first quarter of the year.
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The Rise in the Trend of Refinancing through Home Equity Cash-Out
Comment Off 5260 ViewsCash-out refinancing is gaining popularity nowadays. With mortgage rates remaining low despite increasing home values, more and more people are now putting their home equities into good use. Home
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The Purchase of New Vacation Home: A Rush Decision?
Comment Off 144 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 incredible 30% increase in vacation homes sales up to
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Peak Sales for Existing Home in July 2014
Comment Off 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 June to a seasonally-adjusted yearly rate of 5.15
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Mortgages
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FHA Sheds Light on Reverse Mortgage Rules
71 Views
Due to the raised concern over possibly misleading sales presentations and advertisements for
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The Rise in the Trend of Refinancing through Home Equity Cash-Out
5260 ViewsCash-out refinancing is gaining popularity nowadays. With mortgage rates remaining low despite
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Mortgage Rates Fluctuate From Morning till Afternoon
113 ViewsMortgage rates reflect the changes in economic data; this interrelation is a reality that doesn’t
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Quick View
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
2821 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
1675 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
1327 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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Adjustable Rate Mortgages
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
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Disaster Areas – Home Loans and Appraisals
154 ViewsQuestion: What are the documentation requirements after the appraisal is completed for a subject property situated in a disaster
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Major Drop in the Rate of Unemployment – is it too good to be true?
52 ViewsThe US employment data for June have exceeded expectations, and the news has been released on a “Jobs Thursday”, in anticipation to the
Read more ...The Purchase of New Vacation Home: A Rush Decision?
144 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
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Modifications in mortgage interest deductions to stimulate homeownership!
203 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
173 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!
109 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
Read more ...Disaster Areas – Home Loans and Appraisals
154 ViewsQuestion: What are the documentation requirements after the appraisal is completed for a subject property situated in a disaster
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