An interest-only mortgage allows the borrower to pay only the interest rate, for a preset period of time. The term for this kind of monthly payment could range between 5 and 7 years. Now, you may
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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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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 ...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
Read more ...New Mortgage Type Available with DC Lender
42 ViewsWhereas adjustable rate mortgages (ARMs) have the advantage of low rates, fixed-rate mortgages stand out by the predictability of the monthly
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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
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Fannie-Freddie Multifamily Mortgage Model
61 ViewsAfter the U.S. housing crash, the apartment-lending units of Freddie Mac and Fannie Mae (FNMA) were among the few money making sources for these
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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 ...Mortgage realities beyond loan calculations
39 ViewsThere is more than simple Math to purchasing a home! The mortgage calculator is the first tool that potential home buyers use before applying for
Read more ...Home Prices Enter Moderate Trend
32 ViewsAfter last year’s sharp gains, the increase of US home prices seems to be slowing down, according to the results reported by major real estate
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