Last week’s economic news included National Association of Home Builders / Wells Fargo (NAHB) Housing Market Index and Commerce Department reports on Housing Starts and Building Permits, the post-meeting statement of the Fed’s Federal Open Market Committee (FOMC), and Fed Chair Janet Yellen’s scheduled press conference.
Family Matters: How to Choose the Perfect Home for a Large or Growing Family
Selecting the right home to purchase for a family is a monumental task, and this process can seem even more challenging for those with a large or growing family.
Federal Reserve: No Change on Target Fed Funds Rate
The Federal Open Market Committee (FOMC) of the Federal Reserve did not move to increase the Fed’s target federal funds rate, which is currently 0.00 to 0.250 percent. Although the committee acknowledged further progress toward…
Suffering from Credit Problems? Three Ways You Can Patch Up Your Credit to Get a Mortgage Approved
Credit problems are unfortunately common, and they can make it difficult for you to obtain a mortgage. While some issues may take a while to fix, you may be able to see a decent increase in your credit rating when you follow a few easy steps.
An Insider’s Look at Mortgage Closing Costs and How to Minimize the Amount You’ll Pay
When buying a new home, you may be focused on finding a mortgage program that has a down payment requirement that is manageable for you. However, some home buyers will overlook the costs that they are responsible for at closing. The good news is that there are some steps that you can take to keep these costs to a minimum.
What’s Ahead For Mortgage Rates This Week – June 15, 2015
Retail sales rose for the third consecutive month. May sales increased at a seasonally adjusted rate of 1.20 percent according to Commerce Department data.
Hunting for the Best Local Schools? Here Are 5 Checklist Items You’ll Want to Look For
There are numerous factors that you may review when choosing a new place to live. If you have children, the quality of the schools and the level of education that your kids will receive in the schools is important. When you are looking at schools, use this helpful checklist to guide you in making a great decision.
The Pros and Cons of Using Spare Funds to Pay Your Mortgage Down Faster
A home mortgage payment can be a large or even the largest expense in a person’s budget, and not having this payment any longer can be a life changing experience.
Buying a Home This Summer? Our Guide to Finding the Perfect New Neighborhood
Finding the perfect home to purchase is easier said than done, and savvy home buyers understand the importance of researching the neighborhood as well as the home.
First-time Mortgage Borrowers: Avoid These “Rookie Mistakes”
As a first-time home buyer, you may be stressed about finding the right home to buy and researching the neighborhoods and schools. While these are all factors to pay attention to, you also need to focus heavily on your mortgage.
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