Mortgage rates have been at record lows for quite some time, making it easy for new homebuyers to finance their dream homes. But what comes down will eventually go back up, and with the world economy expected to rebound in 2016, we’re about to start seeing more expensive mortgages. So what can you do to prepare yourself before mortgage rates start to rise? Here are three strategies that will keep you ahead of the game.
What’s Ahead For Mortgage Rates This Week – October 05, 2015
Last week’s economic reports included Pending Home Sales, Construction Spending and several reports on jobs and employment.
DIY Home Upgrades: 5 Reasons Why Hardwood Flooring Should Be on Your Renovation List
Whether you’re planning on selling your home soon or you want to do a few minor renovations for your own enjoyment, an ailing hardwood floor may be on your list of things to tackle. Here are five reasons you may want to move it to the top of your renovation list.
Understanding the Jumbo Mortgage and Why Refinancing These Mortgages is Different
So what exactly is a jumbo mortgage? How is it different from a standard mortgage, and what does that mean for your refinancing options? Hereâs what you need to know.
Case-Shiller Housing Market Index: Home Prices Rise in July
U.S. home prices rose by 0.10 percent in July according to the S&P Case-Shiller Housing Market Index. San Francisco, California edged past Denver Colorado with a year-over-year price increase of 10.40 percent as compared to Denverâs reading of 10.30 percent. All year-over-readings for the 20-City Home Price Index posted gains, but Washington, D.C. showed the lowest year-over0-year growth rate at 1.70 percent. Chicago, Illinois and New York City followed closely with year-over-year readings of 1.80 percent and 1.90 percent respectively.
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