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Breaking Mortgage News: What's Ahead For Mortgage Rates This Week - August 19, 2013
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Mortgage rates and info. August 19, 2013. Whats Ahead For Mortgage Rates This Week - August 19, 2013. Last week wasn't kind to stock market investors, but weekly jobless claims fell to an unexpected low of 320,000 new jobless claims filed, the lowest level in nearly six years. Here is a review of the major events of the week. The Fed is expected to begin tapering its monthly purchases of $85 billion in treasury securities and mortgage-backed securities as early as next month. The QE purchases are int...
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Breaking Mortgage News: These Overlooked Issues Can Become Deal-Killers For Your Mortgage Application
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Mortgage rates and info. August 15, 2013. These Overlooked Issues Can Become Deal-Killers For Your Mortgage Application. A mortgage loan approval is never final until it's funded. And that means after you've signed the final paperwork and the bank has wired funds to escrow. Mortgages are made up of many moving parts, any of which might "go wrong" while your home loan is underway. Of some potential pitfalls could help save your loan down the road, and your peace of mind today. You're self-employed and you...
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Breaking Mortgage News: RealtyTrac Report Shows Home Prices Increasing At Highest Rate Since 1977
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Mortgage rates and info. August 8, 2013. RealtyTrac Report Shows Home Prices Increasing At Highest Rate Since 1977. US housing markets continue to drive the economic recovery according to data released by RealtyTrac Inc. National home prices rose by 11.90 percent year-over-year for June. 48 states reported rising home prices with only Delaware and Mississippi reporting lower home prices. Nevada led the states with a 26.50 percent gain over June 2012. Why The Shortage Of Available Homes? Another common sc...
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Breaking Mortgage News: What's Ahead For Mortgage Rates This Week- August 5, 2013
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Mortgage rates and info. August 5, 2013. Whats Ahead For Mortgage Rates This Week- August 5, 2013. The past week brought encouraging economic news from several sources. The FOMC statement indicated that the Federal Reserve has not set a date for rolling back its quantitative easing program and ADP reported more private sector jobs added than expected. While weekly jobless claims were fewer than expected, the national unemployment rate remained elevated:. The program, known as quantitative easing (QE), is...
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Breaking Mortgage News: 5 Important Summer Deck Inspection Tips
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Mortgage rates and info. August 2, 2013. 5 Important Summer Deck Inspection Tips. Summer seems to be slipping away quickly. And, while you've hosted many barbecues on your back deck, you might not have had time to properly take care of it. August is the perfect month to conduct a deck inspection and make any repairs before the time comes to prepare it for winter. Below are tips on some issues to watch for and how to fix them. If you find an issue with a beam that cannot be removed because it's holding up...
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Breaking Mortgage News: Whatever You Do, Don't Make These Common Mortgage Mistakes
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Mortgage rates and info. August 14, 2013. Whatever You Do, Dont Make These Common Mortgage Mistakes. Are you applying for a mortgage on your home? Keep in mind that a mortgage is a major financial decision and choosing one will have a significant impact on the rest of your life. Many people go into this decision without understanding all of the essential mortgage information they need to know. This means that they may not make the best choices which could result in paying much more than they need to.
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Breaking Mortgage News: August 2013
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Mortgage rates and info. August 27, 2013. Existing Home Sales Report Shows Highest New Home Inventory Since January 2012. The National Association of REALTORS reported that existing home sales for July came in at 5.39 million on a seasonally adjusted annual basis. July's reading exceeded both expectations of 5.21 million existing homes sold and June's reading of 5.06 million homes sold. This suggests good news for home buyers who've been constrained by limited supplies of homes for sale. While this isn't...
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Breaking Mortgage News: Important Tips To Do When Behind On Your Mortgage Payments
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Mortgage rates and info. August 6, 2013. Important Tips To Do When Behind On Your Mortgage Payments. What happens if you go through a tough financial period and you find yourself behind on your mortgage payments for your home? If you are missing mortgage payments and are having difficulty paying, this can become a serious problem. Even just one missed payment can be difficult to catch up on, and if you are in this situation it is important to get help right away. Consider All Of Your Options. Is there a ...