The mortgage rates finally declined after four weeks on an uptrend, prompting many people to borrow money. But still, the rates were approximately eighth of a percentage point higher during the time
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Major Drop in Mortgage Delinquencies – Lowest Level Since 2007
Comment Off 189 ViewsFor a fifth subsequent quarter, the level of residential loan delinquencies continued to drop. According to the Mortgage Bankers Association, the current 6% level is the lowest since 2007 and it
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Mortgages
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FHA Sheds Light on Reverse Mortgage Rules
71 Views
Due to the raised concern over possibly misleading sales presentations and advertisements for
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Are you eligible for a refinance?
5148 ViewsWhy refinance may be a good choice for you! Refinance to reduce the loan life. A 30-year long
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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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Why Mortgages and the ER are so much alike!
37 ViewsA good insight of the mortgage world mechanisms can give one the ability to see the ups and downs in the market and grasp the similarities with other
Read more ...Jumbo Mortgage Rates
96 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
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 ...Reduce Your Debt in 5 Steps: DIY Debt Reduction
48 ViewsReducing debt on your own is neither impossible nor too difficult: it only requires a bit of time and careful planning. Paying a debt counselor or a
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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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Record Low Mortgage Originations don’t hinder growth opportunities
69 ViewsAccording to a report released by the Black Knight Financial Services, the first two months of 2014 have been at the lowest level of mortgage
Read more ...Why Mortgages and the ER are so much alike!
37 ViewsA good insight of the mortgage world mechanisms can give one the ability to see the ups and downs in the market and grasp the similarities with other
Read more ...Why is credit score important?
69 ViewsWhy can some people get a loan easily and others don't? This is a big question given the fact that lots of people are rejected or sold loans on very
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