The Department of Commerce reported July sales of new homes dropped by 2.40 percent over June to a four month low. Analysts noted that although July’s reading of 412,000 new homes sold fell short of expectations and June’s reading, the new homes sector is volatile and subject to change.
What’s Ahead For Mortgage Rates This Week – Aug 25, 2014
Last week’s economic news brought several reports related to housing. The National Association of Home Builders (NAHB) Wells Fargo Housing Market Index for August rose by two points to 55, which was its highest reading in seven months.
Home Buying Tips: Three Items to Watch out for in a Purchase Agreement Contract
The purchase agreement is a vitally important document that outlines the provisions, terms and conditions for the transfer of property. It should be read carefully and any ambiguities should be clarified prior to signing.
Separation Anxiety: How to Deal with a Joint Mortgage Loan in the Event of a Divorce
During the course of a marriage, it is common for the couple to acquire property together. In this article we’ll share a few tips on how to deal with a joint mortgage loan in the event of a divorce.
Lowballing 101: How to Avoid Insulting a Home Seller when Making a Low Offer for Their House or Condo
Buying a home is a huge step for people who are ready to make an investment in their future. Getting a great deal on a home is just as important and knowing how much to offer could be confusing.
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