Should You Rent or Buy Your Next House?
Buying a house is the so-called American dream, and if you were to take a poll, most would likely agree that owning is the best move for their finances.
Moving Fast To Sell a House Before The Holidays And Buyers Vanish
During the spring, summer, and into the fall houses are the most likely to sell. It is during this time that flowers can be planted, yards maintained, and the house...
Don’t Allow Lenders to Take Advantage of You – How to Read Loan Agreement
Many consumers use credit as an everyday part of their lives. People routinely receive loans to purchase appliances, vehicles, mortgages or a line of credit. A loan agreement represents a...
Avoiding Forced Place Insurance When Looking for a Mortgage
You must have a sufficient amount of insurance as required by the bank or you can find yourself facing huge bills for forced place insurance.
Refinancing to Take Advantage of Low Mortgage Rates
With mortgage rates still close to historic lows, many borrowers select the 30-year fixed-rate mortgage to reduce their monthly payments.
Five Tips for Getting the Best Mortgage Interest Rate
Borrowers planning to buy a home or refinance their existing mortgage will undoubtedly be on the lookout for the best mortgage interest rate.
FaceBook Founder Mark Zuckerberg Refinances Home Mortgage
Zuckerberg’s lender was willing to give him such a low interest rate on his home mortgage because he agreed to accept a reset each month.
Costs to Close a Mortgage Drop 7% in the Past Year
The costs to close a mortgage have dropped about 7% in the past year to $3,754 on average.
Is it Better to Rent or Buy?
There is an age-old debate that rages on between those who own their homes and those who rent: is it better to rent a house or to buy?
Fannie Mae’s Improved Access to Debt Markets Supports Housing Recovery
Fannie Mae issues Benchmark Bills that come due in three month, six month, and sometimes, one-year periods.
Using APR to Compare Lenders
However, it is important to understand that APR isn’t always a foolproof comparison method either, especially if you use a stated APR quote.
See More
Most Recent
Today’s Housing Market is not ‘Tulipmania’
Perhaps you are pessimistic in general or just when it comes to your real estate investments, which probably include housing. With everyone saying the market has hit bottom, and...
Read MoreWall Street Buyers Helping Drive Up Housing Prices
The housing market has been getting a lot of attention lately. Home prices are up significantly, new homes are being built at an increased pace, and the market just seems to be...
Read More
How to Save for the Downpayment on a House
Knowing how to save is key to planning your downpayment. Think of the best ways to maximize your savings and grow your money quicker.
Read More
Pew Charitable Trusts Survey Banks for Transparency
The Pew Charitable Trusts is constantly watching the consumer market and doing research on their findings. Their goal is to inspire governmental change. Lately they have issued...
Read More
Existing Home Sales Increase in May Beat Estimates
The National Association of Realtors reports that existing home sales increased a seasonally adjusted rate of 4.2 percent in May—an annual pace of 5.18 million. It exceeds the...
Read More
Home Buying Turning Insane
In case you have not heard, you better have cash (either your own or borrowed or begged) to get into the US housing market. This is a real home buying turnaround from the past...
Read More