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.
Preventing And Clearing Clogs In Your Home
You’re brushing your teeth and you turn on the faucet. It’s not draining and starts to back up.Here’s the dilemma; do you spit and let it sit or run to the kitchen? One thing is for sure; having a clogged drain can be a major annoyance.
Fed Meeting Minutes Reflect Support For Reducing QE Program
The minutes of last monthâs Federal Open Market Committee (FOMC) meeting show significant support for tapering the Fedâs current amount of monthly securities purchases. These purchases, known as quantitative easing (QE), are an effort to maintain lower long-term interest rates including mortgage rates.
It’s Important To Follow These Specific Steps When Using Gift Funds For Your Down Payment
As lenders tighten mortgage guidelines for home buyers, minimum down payment requirements are increasing.
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