After Monday’s big move, the over-all scope of the movement of mortgage rates has been exceptionally small. After achieving its highest levels for more than a week, the rates were found to have
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Minorities Could Bring More Profit to the Mortgage Industry
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The estimates for the next ten years are that 50% of the first-time homebuyers from the market will be minorities. Yet, while this appears encouraging, mortgage experts warn that reality is not that
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Mortgages and Discriminations – Green is the only color that should matter!
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Although everybody’s money looks green, there are lots of voices that make accusations of discrimination in mortgage approval. The starting point of the debate seems to be the fact that the
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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
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
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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
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Fixed Rate Mortgages
51 ViewsIf we pay so much importance to trying on shoes before we buy them to make sure they fit, we should pay all the more attention to loans. “Trying
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 ...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 ...Obamas and Bidens Diverging in Home Loan Refinancing
65 ViewsDespite encouraging homeowners to refinance their home loans to lower interest rates, President Barack Obama, has not taken advantage of this
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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 ...The best way to consolidate debt
180 ViewsPeople often struggle to get in control of their debt, and debt consolidation often appears like the right path to take. One monthly payment and all
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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Major Drop in the Rate of Unemployment – is it too good to be true?
52 ViewsThe US employment data for June have exceeded expectations, and the news has been released on a “Jobs Thursday”, in anticipation to the
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