Mortgage rates are easing lower this morning on just-released, slightly worse-than-expected Retail Sales data from December 2010.
Entries from January 2011
Retail Sales Weak In December; Home Affordability Gets A Boost
January 17th, 2011 · Comments Off on Retail Sales Weak In December; Home Affordability Gets A Boost
Tags: Economy · Real Estate · Retail Sales
Comparing Mortgage Rates For Adjustable- And Fixed-Rate Mortgages
January 15th, 2011 · Comments Off on Comparing Mortgage Rates For Adjustable- And Fixed-Rate Mortgages
Currently, relative to fixed rate mortgages, ARM pricing is excellent. Freddie Mac’s weekly Primary Mortgage Market Survey puts the 5-year ARM mortgage rate lower than the 30-year fixed rate mortgage rate by 1.02 percent.
Tags: Adjustable Rate Mortgages · Mortgage Lending · Real Estate
Foreclosure Activity Falls For The Second Straight Month, Drops To 30-Month Low
January 14th, 2011 · Comments Off on Foreclosure Activity Falls For The Second Straight Month, Drops To 30-Month Low
According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings nationwide dropped for the second straight month in December. After falling 21 percent in November, filings were down by an additional 2 percent in December.
Tags: Economy · foreclosures · Real Estate
Foods That Don’t Belong In A Garbage Disposal
January 10th, 2011 · Comments Off on Foods That Don’t Belong In A Garbage Disposal
A short list of food waste that’s better suited for the garbage can than the kitchen sink.
Tags: Home Appliances
Pending Home Sales Rises To 6-Month High
January 5th, 2011 · Comments Off on Pending Home Sales Rises To 6-Month High
The housing market continues to expand, and surprise.
Tags: Pending Home Sales