New Home Sales Slip In October
After posting a strong September, the number of newly-built homes sold nationwide slipped in October. Continue reading
Monthly Archives: November 2010
How To Find Air-Leaking Windows And Seal Them
In this 4-minute video from the DIY Network, you’ll learn how to identify your home’s leaky windows, and how to seal them with caulk. The job requires a little bit of elbow grease, but it’s manageable for even the notice handyman. Continue reading
Fed Minutes Help Push Mortgage Rates To 4-Month High
Bond markets have not taken kindly to the Fed Minutes. The minutes show a propensity toward Fed “action”, most of which markets believe to be inflationary. Inflation leads to higher mortgage rates and that’s exactly what we’ve seen. Continue reading
October Existing Home Sales : Buyers And Sellers In Balance
It’s encouraging that first-time and investment property buyers were both outnumbered by “move-up” buyers in October; buyers that have sold their respective homes in favor of larger ones. Continue reading
Applying For A Mortgage Soon? Don’t Open New Credit Cards On Black Friday.
Shoppers should think twice about is the popular “Open A Charge Card, Save 20%” promotion. The short-term savings may be tempting, but the long-term costs may be huge. Continue reading
Home Safety Tip : How To Install And Test A Smoke Detector
According to the United States Fire Administration, in 2008, there were an estimated 378,200 in-home fires. Combined, these fires caused $8 billion in property damage and killed 2,600 people. Continue reading
Mortgage Rates Still Rising. Is This The End Of The Refi Boom?
With the sudden rise in mortgage rates, we have to question whether the Refi Boom is ending. Continue reading
Housing Starts Data Much Better Than The Headlines Would Have You Believe
Newspaper stories can be misleading sometimes — especially with respect to real estate. We saw a terrific example of this Wednesday. Continue reading
Homebuilders Expect A Surge In New Home Sales
According to the National Association of Home Builders/Wells Fargo Housing Market Index, a combination of shrinking new home inventory plus higher-quality foot traffic is boosting builder optimism. Continue reading
Mortgage Rates Spike On Strong Retail Sales Data. Could 4 Percent Rates Be Done?
Rising Retail Sales and Consumer Confidence data hints that the days of 4 percent, 30-year fixed rate mortgages may be nearing its end. Continue reading