This year, economists expect that the housing market will relatively counterbalance the manufacturing industry’s struggle. The strong housing momentum confirms that an increase in interest-rates
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Freddie Mac Maintains Positive Outlook amidst Housing Market Problems
Comment Off 250 ViewsThe 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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30-Year U.S. Mortgage Rates Reach the 2014 Low
Comment Off 3352 ViewsThe borrowing costs for 30-year loans have reached the lowest 2014 point after U.S. mortgage rates dropped for a second week. Freddie Mac announced that the average rate for a 30-year fixed
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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
1679 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
1329 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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Disaster Areas – Home Loans and Appraisals
163 ViewsQuestion: What are the documentation requirements after the appraisal is completed for a subject property situated in a disaster
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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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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 ...Checking the Backyard of Your Finances – Too Many Credit Cards?
95 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
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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
174 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
163 ViewsQuestion: What are the documentation requirements after the appraisal is completed for a subject property situated in a disaster
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