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Breaking Mortgage News: How To Choose The Right Neighborhood When Buying A Home
http://mortgagemgt.blogspot.com/2013/08/how-to-choose-right-neighborhood-when.html
Mortgage rates and info. August 13, 2013. How To Choose The Right Neighborhood When Buying A Home. The old real estate cliche' about "location, location, location" is true, as the area of the city where your home is located will have an impact on its future value as well as your lifestyle. So what factors should you consider when you are choosing which neighborhoods to house hunt within? Proximity to Your Daily Needs. Take a walk around the neighborhood where you are considering buying and get a sense of...
Breaking Mortgage News: What's Ahead For Mortgage Rates This Week - August 12, 2013
http://mortgagemgt.blogspot.com/2013/08/what-ahead-for-mortgage-rates-this-week_12.html
Mortgage rates and info. August 12, 2013. Whats Ahead For Mortgage Rates This Week - August 12, 2013. Highlights of economic news from last week, include a survey of senior loan officers from U.S. and foreign banks doing business in the U.S. They indicated that banks were gradually easing lending standards for business and consumer loans, but viewed lending criteria for home loans as more restrictive than other types of loans. Nevada led the list of higher home prices with a 27.00 percent gain year-o...
Breaking Mortgage News: Fed Meeting Minutes Reflect Support For Reducing QE Program
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Mortgage rates and info. August 22, 2013. Fed Meeting Minutes Reflect Support For Reducing QE Program. The minutes of last month's Federal Open Market Committee (FOMC) meeting show significant support for tapering the Fed's current amount of monthly securities purchases. These purchases, known as quantitative easing (QE), are an effort to maintain lower long-term interest rates including mortgage rates. FOMC Members Express Mixed Views. The minutes for July's meeting reflected this sentiment and noted "A...
Breaking Mortgage News: Home Builder Confidence Highest Level In Nearly 8 Years
http://mortgagemgt.blogspot.com/2013/08/home-builder-confidence-highest-level.html
Mortgage rates and info. August 20, 2013. Home Builder Confidence Highest Level In Nearly 8 Years. The National Association of Home Builders (NAHB) reported Thursday that its Housing Market Index rose three points to a reading of 59 for August. Confidence among builders is likely growing in connection with stronger housing markets and high demand for homes. These conditions are being driven by short supplies of homes for sale in many markets. Housing Starts Driven By Apartment Construction. On Friday, th...
Breaking Mortgage News: A Few Red Flags To Look For When Buying Real Estate
http://mortgagemgt.blogspot.com/2013/08/a-few-red-flags-to-look-for-when-buying.html
Mortgage rates and info. August 7, 2013. A Few Red Flags To Look For When Buying Real Estate. If you're looking to purchase real estate, keep in mind that the homes you are considering might be in need of repairs or improvements. In a recent study done by a major home inspection company, at least 40 percent of previously owned homes on the market have at least one serious issue or defect. It's better to identify this damage before you buy so that you are not stuck with budget-busting renovations. When yo...
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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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