Last weekâs housing related news was minimal, but a Federal Reserve survey of senior loan officers revealed that although credit standards for commercial and industrial loans as well as credit cards are easing, current mortgage credit standards are more stringent than in 2005.
Buying a home is an exciting time, but there can be setbacks. In this article we’ll share 5 potential setbacks that home buyers will need to come to terms with to make a successful purchase.
If you’re thinking about a mortgage, you may be wondering what length of payment term to choose. Here are some points to consider to see if a 40-year mortgage is appropriate for you.
While there are many steps that you can take to improve your property, the addition of a detached garage may be beneficial to you and may drastically improve your resale price when you are ready to sell.
The best way to ensure you get a good rate on your mortgage is to become an informed buyer. The more you know about mortgages, the more you’ll be able to save, and that doesn’t just mean knowing where to find the best interest rate.
Last weekâs economic news included a number of housing related reports. According to the National Association of REALTORS, pending home sales dropped by 1.10 percent in June. The S P Case-Shiller Home Price Index reports for May noted that home prices are growing at a slower rate of 9.30 percent year-over-year than April’s year-over-year growth rate of 10.80 percent.
Not all homeowners are aware that home insurance policies don’t necessarily cover damage related to a flood, as the risks are too great.
In recent months, investors and economists have speculated on whether or not the Fed would continue tapering its asset purchases under its latest quantitative easing (QE) program, and whether the Fed would raise its target federal funds rate of 0.00 to 0.250 percent.
May home prices rose in all 20 cities tracked by the S&P Case-Shiller 20 City Home Price Index. This was the second consecutive month in which all cities posted gains.
For most people, their home is their largest asset, so they want to maximize that asset by getting top dollar when they sell. Here are a few reasons you might not get top dollar when you sell – and how to avoid them!
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