Whereas adjustable rate mortgages (ARMs) have the advantage of low rates, fixed-rate mortgages stand out by the predictability of the monthly payments. The best features of both these types of loans
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Mortgage Types – Making an Informed Choice !
Comment Off 40 ViewsThere are so many types of mortgages that interested home buyers often feel overwhelmed by the abundant offer. Brace up and dive into the details! You cannot tell which loan is right for you without
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Toll Brothers Revenue Grows, As More Units Are Sold
3763 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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Real Estate Industry to Experience Economic Growth Beyond 2017
260 ViewsEconomic growth felt by multiple industries in the U.S. continue to bring about nationwide economic expansion. This expansion is expected to go on
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Mortgages and Discriminations – Green is the only color that should matter!
27 ViewsAlthough everybody’s money looks green, there are lots of voices that make accusations of discrimination in mortgage approval. The starting
Read more ...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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Big Rise in Sales of US Existing Homes
146 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,
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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
Read more ...Checking the Backyard of Your Finances – Too Many Credit Cards?
96 ViewsYour credit report spills out “secrets” you may have forgotten about, long ago. It could be an unpleasant surprise to discover a large number of
Read more ...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
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Third and largest insurance purchase by Freddie Mac to offset as much as $285 million of losses on a pool of US home loans.
115 ViewsIt’s a risk-sharing attempt that relies on regulators’ support. Freddie Mac made an email statement on the subject of the policies. These
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