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
Read more ...
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
Read more ...
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
Read more ...
US Construction Spending on a Record Rise Despite Sluggish Economy
1678 ViewsU.S construction data shows an unusual rise in spending despite the overall slowdown in the economy. Construction spending surged to an annual rate
Read more ...
Varying Views of Economists on Falling Oil Prices for Home Construction
1328 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 ...
Reverse Mortgage Fees and Rates
797 ViewsAre Reverse Mortgages really that good a choice? The major concern with a Reverse Mortgage is that of high costs. There are various reasons for
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
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
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 ...
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 ...US Manufacturing Industry Stabilizes as Sales of New Homes Drop to 7-Month Low
333 ViewsThis year, economists expect that the housing market will relatively counterbalance the manufacturing industry’s struggle. The strong housing
Read more ...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
Read more ...Reverse Mortgage Fees and Rates
797 ViewsAre Reverse Mortgages really that good a choice? The major concern with a Reverse Mortgage is that of high costs. There are various reasons for
Read more ...