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!
Last week’s economic news brought several housing-related reports, which indicated varying results in terms of gauging the economic recovery.
As prices continue to rise across the board with everything from food to gas, it’s no wonder that real estate prices are high in many cities across the USA.
Most people don’t know whether or not a single missed mortgage payment can have serious consequences for their credit score.
According to the National Association of REALTORS, existing home sales surpassed both May sales and expectations for June.
A 15-year fixed mortgage is, as its name suggests, a mortgage that’s paid off after 15 years. Since it amortizes fully, after that amount of time you won’t have to pay anything else. This type of mortgage has a lot of benefits, and in this article we’ll share just a few of them.
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