Mortgage rates have improved a lot since the year 2015 began. Improvement in June is regarded as the most notable yet. The change is just slightly bigger than those of the other months; however,
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Peak Sales for Existing Home in July 2014
Comment Off 61 ViewsSo far this year, July registered peak sales for existing homes, according to the National Association of Realtors® (NAR). Sales increased 2.4% from June to a seasonally-adjusted yearly rate of 5.15
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Mortgage Rates Fluctuate From Morning till Afternoon
Comment Off 108 ViewsMortgage rates reflect the changes in economic data; this interrelation is a reality that doesn’t change. When the economy is weak, rates go down and vice versa. Nevertheless, in today’s
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Mortgage default rate keeps going down
Comment Off 18 ViewsThe downward trend of first mortgage default rates continued in June. After eight consecutive months dropping, it reached .89% in June, according to the S&P/Experian Consumer Credit Default
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Toll Brothers Revenue Grows, As More Units Are Sold
3752 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
2804 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
1653 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
1293 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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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
Read more ...The Jobs Report and the Rise of U.S. Mortgage Rates
119 ViewsWhile all the market players were keeping their fingers crossed for the jobs report, U.S. mortgage rates rose. The increase occurred based on the
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Modifications in mortgage interest deductions to stimulate homeownership!
182 ViewsIndustries that employ middle-class workers promote homeownership thanks to the mortgage interest tax deduction. There is also broad public support
Read more ...Obamas and Bidens Diverging in Home Loan Refinancing
64 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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Modifications in mortgage interest deductions to stimulate homeownership!
182 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
169 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!
108 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
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Disaster Areas – Home Loans and Appraisals
124 ViewsQuestion: What are the documentation requirements after the appraisal is completed for a subject property situated in a disaster
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