Getting the best mortgage financing for your new home can sometimes be a complicated process and, unfortunately, things can go wrong. Using a licensed and trusted mortgage loan specialist can help alleviate many of these challenges. Continue reading
Does the time of year when you put your home on the market affect how well it will sell? What about the final sales price?
According to many specialists in housing trends the answer is yes. The time of year when you sell your home can have an effect on how many people are interested and how much the home will sell for. Continue reading
The past week was active for economic news and mortgage rates. The aftermath of the Fed’s indication that it may start dialing back its multi-billion dollar monthly purchases of Treasury and mortgage backed securities has sent mortgage rates to record highs. Continue reading
Comments by Fed chairman Ben Bernanke after Wednesday’s FOMC meeting caused havoc in financial markets as investors anticipated the potential effects of any rollback of the Fed’s policy of quantitative easing (QE). Chairman Bernanke said that the Fed may begin reducing its $85 billion monthly purchase of Treasury securities and MBS toward the end of this year. Continue reading
Foreclosure actions increased by 2.0 percent in May from April’s 75 month low point for foreclosure activity according to RealtyTrac’s U.S. Foreclosure Market Report released June 11.
However, the good news is that May 2013 foreclosure filings were still 28 percent below May 2012 filings. Continue reading
The U.S. Department of Labor released its Non-Farm Payrolls and National Unemployment Rate reports Friday showing 175,000 jobs were added in May, which surpassed expectations of 164,000 new jobs and April’s reading of 149,000 jobs added. The jobs added in May were largely from the private sector. Continue reading
If you are able to practice preventative care on your home, then you will prolong the life of all of its systems and components. At least every six months or so, you should be performing an inspection of your property so that you can ensure that it is still functioning properly and safely. Continue reading
Improving your credit score before searching around for a mortgage will ensure that you get the best rate possible. But what can you do to improve your credit score?
Here are three tips that can help you improve your credit score and your mortgage. Continue reading
Whether you’re dealing with an older home, a tricky duct system or an unfinished basement, here are several ceiling solutions to brighten up the space above your head. Continue reading
It can be very difficult to determine what your property is worth in the current marketplace, because you are biased by what the property is worth to you. These emotions can get in the way of impartially evaluating a property and often cause sellers to overprice their home. Continue reading