Last week’s housing-related economic news was slim, likely due to the Labor Day holiday Monday. On Tuesday, the U.S. Commerce Department reported that construction spending for July increased by 1.80 percent as compared to June’s revised reading of 1.0 percent and expectations of a 1.0 percent increase for July.
You Ask, We Answer: Understanding the Real Estate ‘Short Sale’ and How This Process Works
Hereâs what you need to know about how short sales work and what circumstances might call for one.
Children Leaving the Nest? 3 Pieces of Sage Advice You Can Share About How to Manage a Mortgage
As your sons or daughters prepare to take the plunge into home ownership, make sure they follow three crucial tips that will help them during the mortgage process.
Applying for a Mortgage? Three Questions Your Lender Will Ask You – and How to Prepare Your Answers
Before approving a mortgage, your lender is going to have to do his due diligence to ensure that you can afford a loan large enough to pay for a house. Here’s how you can prepare to answer these questions in a way that will increase your likelihood of approval.
What’s Ahead For Mortgage Rates This Week – Sept 2, 2014
Last week’s economic news included several reports related to housing. The Case-Shiller and FHFA reports for June showed a further slowing in home price growth. New home sales for July fell short of the expected reading, but pending home sales exceeded expectations.
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