Last week’s economic highlights included the National Association of Home Builders (NAHB) Housing Market Index for October. The Commerce Department also released Housing Starts for September. Freddie Mac reported that the average rate for a 30-year fixed rate mortgage dropped below four percent. The Fed released its Beige Book report, and Weekly jobless claims came in lower than expected.
NAHB Reports: Home Builder Confidence Drops in October
The National Association of Home Builders (NAHB) reported that home builder sentiment lost its momentum in October and posted a seasonally adjusted reading of 54 in its Home Builder Market Index.
Three Reasons Why Setting Your Listing Price is the Most Important Aspect of the Home Sales Process
Let’s take a look at three reasons why setting your listing price is the most important factor in your home sale.
Refinance Now or Wait? How to Determine the Best Time to Refinance Your Mortgage
Let’s take a quick look at a few questions that you can ask yourself in order to determine whether you should refinance now or wait until sometime in the future.
What’s Ahead For Mortgage Rates This Week – October 14, 2014
Economic news was lean last week as the first week of the month tends to be calm in the aftermath of the rush of end-of-month reporting. Of note was CoreLogic’s report on housing markets, the release of the minutes from the most recent FOMC meeting and lower mortgage rates reported by Freddie Mac.
The Pros and Cons of Buying a New Home Versus Buying Pre-owned
Buying a house, condo or townhouse is an exciting and rewarding time which tends to be a lot of fun. However, along the way you’ll need to make a number of decisions â including whether you want to buy a pre-owned home or one that has been built recently.
Self Employed and Seeking a Mortgage? How to Ensure That Your Lender Knows You’re Able to Pay
In today’s blog post we’ll share how you can provide paperwork and other evidence to show your mortgage lender that you’re a quality applicant who has the ability to make their payments.
Closing Costs: Understanding What It Costs to Close on a Home and What You Can Expect to Pay
In this post we’ll look at a number of these closing costs and what you will be expected to pay when you buy that next dream home.
Shopping Around: How to Compare Mortgages from Different Lenders or Underwriters
In this post we’ll share how you can compare mortgages from different lenders or underwriters so that you can get the best possible deal on your mortgage loan.
What’s Ahead For Mortgage Rates This Week – October 6, 2014
Last week’s economic news included multiple reports on housing and the labor sector. The good news is that job markets appear to be stronger, with new jobless claims and the national unemployment rate lower.
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