According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings dropped 29 percent nationwide on an annual basis in June.
Entries from July 2011
For The 9th Straight Month, Foreclosure Filings Fall
July 14th, 2011 · Comments Off on For The 9th Straight Month, Foreclosure Filings Fall
Tags: Housing Analysis
Fed Minutes Hint At New Economic Stimulus
July 13th, 2011 · Comments Off on Fed Minutes Hint At New Economic Stimulus
The Federal Reserve released its June 2011 Federal Open Market Committee meeting minutes Tuesday. It contained no surprises.
Tags: Federal Reserve
What Is Annual Percentage Rate (APR)?
July 12th, 2011 · Comments Off on What Is Annual Percentage Rate (APR)?
More commonly called APR, Annual Percentage Rate is a government-mandated mortgage comparison tool. It measures the total cost of borrowing over the life of a loan into dollars-and-cents.
Tags: Real Estate Definitions
Removing Stains On Walls : Crayon, Mildew And More
July 11th, 2011 · Comments Off on Removing Stains On Walls : Crayon, Mildew And More
When it comes to adding coats of paint, Rule #1 is that your walls must be stain-free before adding the next coat of paint.
Tags: Around The Home
Mid-Year Review : Were The Experts Right About The Market?
July 8th, 2011 · Comments Off on Mid-Year Review : Were The Experts Right About The Market?
The year is half-over. It’s an opportune time to take stock of analyst predictions made at the start of the year, and to recognize that the “experts” can be wrong as often as they are right.
Tags: The Economy
Economy Expected To Have Added 80,000 Jobs In June
July 7th, 2011 · Comments Off on Economy Expected To Have Added 80,000 Jobs In June
Friday morning, at 8:30 AM ET, the Bureau of Labor Statistics releases its June Non-Farm Payrolls report. If you’re currently shopping for a mortgage, or floating a mortgage rate, be prepared. Mortgage rates can change following the monthly report’s release. Often, by a lot.
Tags: The Economy
What To Know Before You Move To A New Neighborhood
July 6th, 2011 · Comments Off on What To Know Before You Move To A New Neighborhood
In this 5-minute piece from NBC’s The Today Show, you’ll learn a dozen complementary home-shopping techniques to help you review and evaluate a home for purchase. Each is focused on findings you won’t see listed on a website.
Tags: Real Estate
This Summer, Cool Your Home For Less Money
July 5th, 2011 · Comments Off on This Summer, Cool Your Home For Less Money
The typical household spends close to $2,000 per year on heating and cooling, and up to $600 of those costs are a waste; the result of energy inefficiencies. Consider these simple-to-follow, cost-saving tips for keeping your home cool.
Tags: Around The Home
5-Year ARM Falls To Historic Lows
July 1st, 2011 · Comments Off on 5-Year ARM Falls To Historic Lows
The interest rate differential between fixed-rate and adjustable-rate mortgages continues to widen and has now reached historic levels. There’s never been a better time to lock an ARM.
Tags: Mortgage Rates