Last week was relatively calm due to the Labor Day Holiday on Monday little mortgage and housing related news. However, there were several positive indicators for overall economic conditions.
How To Create The Perfect Garage Workshop
Most men, and even handy women, dream of a perfectly organized work space where their tools are orderly and they can tackle that list of home DIY projects.
Reasons To Think Twice Before Paying Off Your Mortgage Too Quickly
Most of the financial advice out there is focused on how you can pay off the mortgage on your home as quickly as possible, from making lump sum payments to switching to bi-weekly payments rather than monthly.
Rounding Up Your Mortgage Payment, Will It Really Help?
Paying off the mortgage on your home as quickly as possible will ensure that you pay less interest and save money in the long term. But how can you accelerate those payments so that you own your home sooner?
7 Tips On Getting A New Mortgage After Bankruptcy
You have found your dream home and you are eager to get a mortgage, move into the property and start enjoying life there. However, there is only one problem standing in your way â the fact that you have been through some hard financial times in the past.
7 Simple Steps To Finish Your Basement This Holiday Weekend
Not only does the Labor Day weekend signal a little time off work, but it also indicates a close to the summer season, which means itâs time to get ready for colder weather. So get in the spirit of the long weekend and put the labor of love into your home by creating a cozy hideaway that your family can retreat to once the outdoors become too chilly.
Pending Home Sales Indicates That The Housing Recovery Is Progressing
The National Association of REALTORS reported Wednesday that pending sales of existing homes fell by 1.30 percent in July. According to the organizationâs Pending Home Sales Index, this was the second straight month that pending home sales dropped. Julyâs Pending Home Sales Index reading was 109.50.
Case Shiller Price Index Shows Home Prices Are Still Increasing
Home prices are still rising, but at a slower pace according to the S&P Case-Shiller Home Price Indices for June. Home prices for the cities surveyed in the HPI rose by 12.10 percent on an annual basis as compared to May’s reading of 12.20 percent.
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.
What’s Ahead For Mortgage Rates This Week – August 26, 2013
Last week brought mixed economic news, but Leading Indicators released Thursday suggest that the U.S. economy is growing at a moderate rate.
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