In this back-to-basics interview, you’ll learn some mortgage planning basics to help you get smarter with your next home loan — purchase or refinance.
Do You Know What Questions To Ask Your Lender?
June 10th, 2011 · Comments Off on Do You Know What Questions To Ask Your Lender?
Tags: Mortgage Rates
Moving To A New City? See How Much Your Cost Of Living Will Change.
June 9th, 2011 · Comments Off on Moving To A New City? See How Much Your Cost Of Living Will Change.
It’s a fact: It’s more expensive to live in some cities than others. Beyond just the costs of buying a home, different cities also carry a different Cost of Living. For households relocating across state lines, the change in “life costs” can be jarring.
Tags: Real Estate
Temporary Conforming Loan Limits Expire September 30, 2011
June 8th, 2011 · Comments Off on Temporary Conforming Loan Limits Expire September 30, 2011
If you live in a high-cost area, keep an eye on your calendar. Effective October 1, 2011, temporary conforming loan limits will be lowered nationwide. Perhaps by as much as 14 percent.
Tags: Mortgage Guidelines
“Homes Under Contract” Plunge 12 Percent In April
June 7th, 2011 · Comments Off on “Homes Under Contract” Plunge 12 Percent In April
Hurt by foul weather and a soft market, the Pending Home Sales Index plunged 12 percent in April.
Tags: Housing Analysis
The 50 Most Expensive Small Towns In The United States
June 6th, 2011 · Comments Off on The 50 Most Expensive Small Towns In The United States
In a recent BusinessWeek analysis, it was shown that one-third of the nation’s 50 most expensive small towns experienced a median price increase between 2010 and 2011.
Tags: Rankings
Case-Shiller Shows Home Values Rolling Back 9 Years
June 3rd, 2011 · Comments Off on Case-Shiller Shows Home Values Rolling Back 9 Years
The March Case-Shiller Index was released this week and it corroborates the findings of the government’s most recent Home Price Index — home values are slipping nationwide.
Tags: Housing Analysis
Making A Rate-Lock Plan Before Friday’s Jobs Report
June 2nd, 2011 · Comments Off on Making A Rate-Lock Plan Before Friday’s Jobs Report
Tomorrow morning, at 8:30 AM ET, the Bureau of Labor Statistics releases its Non-Farm Payrolls report for May. If you’re floating a mortgage rate right now — or are in the process of shopping for a loan — consider locking in.
Tags: The Economy
Mortgage Guidelines Start To Loosen At The Country’s Biggest Banks
June 1st, 2011 · Comments Off on Mortgage Guidelines Start To Loosen At The Country’s Biggest Banks
The Federal Reserve’s quarterly survey of senior loan officers revealed that an overwhelming majority of U.S. banks have stopped tightening mortgage requirements for prime borrowers.
Tags: Mortgage Guidelines
How To Set Your Ceiling Fan For Summer
May 31st, 2011 · Comments Off on How To Set Your Ceiling Fan For Summer
For homeowners with ceiling fans, the turn of season offers a simple way to lower your home’s energy bill. All it takes is the flick of a button.
Tags: Around The Home
Home Affordability Still Soaring; New Records Reached
May 27th, 2011 · Comments Off on Home Affordability Still Soaring; New Records Reached
The National Association of Home Builders reports that Q1 2011 Home Opportunity Index reached an all-time high for the second straight quarter last quarter.
Tags: Housing Analysis