Reverse mortgages address the needs of homeowners who are 62 years of age or older. This type of loan gives one the chance to convert part of the home equity into tax-free income. This is possible
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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
1681 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
1332 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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Buying a house that is NOT for SALE!
110 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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JPMorgan Chase Rebuffs FHA Lending
91 ViewsFederal Housing Administration mortgages no longer make good business for JPMorgan. The largest U.S. bank has agreed to a $600 million settlement
Read more ...Credit Card Debt Consolidation – The Basics
176 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 ...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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The Jobs Report and the Rise of U.S. Mortgage Rates
123 ViewsWhile all the market players were keeping their fingers crossed for the jobs report, U.S. mortgage rates rose. The increase occurred based on the
Read more ...Jumbo Mortgage Rates
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
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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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Real Estate Industry to Experience Economic Growth Beyond 2017
261 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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