Case-Shiller Report Shows Home Prices Rose in January

March 30, 2016

Home prices were 5.70 percent higher year-over-year in January according to S&P Case-Shiller’s 20-City Home Price Index. Top year-over-year gains were posted by Portland, Oregon at 11.80 percent, San Francisco, California at 10.80 percent and Seattle Washington posted a year-over-year gain of 10.70 percent.

Share
Read the full article →

The Top 5 Mortgage Calculators on the Web and the Pros and Cons of Each

March 29, 2016

If you’re shopping for a great mortgage, you’ll want to use a mortgage calculator. Mortgage calculators keep getting more accurate and more complex, allowing you to explore the various details involved in a mortgage. Try one of these mortgage calculators to learn what you can expect.

Share
Read the full article →

What’s Ahead For Mortgage Rates This Week – March 28, 2016

March 28, 2016

New home rose in February according to the Commerce Department. Based on a revised reading of 502,000 new home sales in January, February’s reading was 2.00 percent higher than January’s reading, but was 6.10 percent lower than for February 2015.

Builders have held back on increasing construction due to concerns about ups and downs in the economic recovery. Short supplies of labor and available land have also kept home builders from meeting current demand.

Share
Read the full article →

Working from Home? Learn How to Create the Perfect Office with Any Spare Room

March 25, 2016

While this shift in the job market has created a bevy of new options for freelance workers, it can also be a good reason to turn a spare room into a spanking new office. If you’re working from home, here are some tips for a stylish transition.

Share
Read the full article →

How the Truth in Lending Act Protects You When You Take Out a Mortgage

March 24, 2016

If you’re planning to get a mortgage, it’s critical that you know your rights under the law. The Truth in Lending Act (TILA) is a piece of federal legislation that governs how mortgage lenders can and cannot operate their businesses.

So how does the Truth in Lending Act protect you, and what are your rights under this legislation? Here’s what you need to know.

Share
Read the full article →

5 Steps Towards a Better Credit Score You Can Take Today

March 23, 2016

When it comes to finding the best mortgage, your credit score is a major determinant as to the kinds of rates and conditions you can get. Lenders quite understandably want to manage their risk. But for a number of potential homeowners, these practices and policies can be a barrier to home ownership.

The good news? If your credit score isn’t great, you can easily improve it and get better lending terms. Here are five steps you can take right now to give your credit a boost.

Share
Read the full article →

Retiring Soon? Learn How a Reverse Mortgage Can Add to Your Retirement Security

March 22, 2016

How does a reverse mortgage work, and how can it help you to have a more financially secure retirement? Here’s what you need to know.

Share
Read the full article →

What’s Ahead For Mortgage Rates This Week – March 21, 2016

March 21, 2016

Shortages of available homes are a major factor in rising home prices; shortages also make it more difficult for buyers to find homes they want. Housing starts in February rose, which is good news for the peak spring and summer home buying season.

Share
Read the full article →

Smart Appliances Get Smarter: Here’s What We Saw at the 2016 Consumer Electronics Show

March 18, 2016

With technology advancing at a mile a minute, the 2016 Consumer Electronics Show is a great place to see what’s new to the market and what will be sure to turn heads in the year to come. If you couldn’t make it to the show yourself but are curious about the highlights of the event, here are some of the hottest items in technology that appeared in Las Vegas this year.

Share
Read the full article →

Fed Policymakers Make Interesting Decision on Interest Rates

March 17, 2016

According to a press release by the Federal Reserve, the Federal Open Market Committee (FOMC), the current target federal funds rate will hold steady at 0.25 to 0.50 percent. Committee members cited positive developments in the U.S economy including jobs growth, stronger labor markets and gradually increasing inflation. In addition, stronger housing sector and household spending were also noted as positive signs for the economy. Committee members cited risks associated with global economic and financial developments as a concern.

Share
Read the full article →