What’s Ahead For Mortgage Rates This Week – Aug 4, 2014

August 4, 2014

Last week’s economic news included a number of housing related reports. According to the National Association of REALTORS, pending home sales dropped by 1.10 percent in June. The S P Case-Shiller Home Price Index reports for May noted that home prices are growing at a slower rate of 9.30 percent year-over-year than April’s year-over-year growth rate of 10.80 percent.

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The 5-Minute Guide To Flood Insurance: What It Is, How It Works, And Whether You Need It

August 1, 2014

Not all homeowners are aware that home insurance policies don’t necessarily cover damage related to a flood, as the risks are too great.

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FOMC Statement: Asset Purchases to end in October, Labor Market Stronger

July 31, 2014

In recent months, investors and economists have speculated on whether or not the Fed would continue tapering its asset purchases under its latest quantitative easing (QE) program, and whether the Fed would raise its target federal funds rate of 0.00 to 0.250 percent.

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S P Case-Shiller Home Price Index: May Home Prices Rise

July 30, 2014

May home prices rose in all 20 cities tracked by the S&P Case-Shiller 20 City Home Price Index. This was the second consecutive month in which all cities posted gains.

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Sellers, Beware: Five Reasons You Might Not Get Top Dollar when You Sell Your Home (And How to Avoid Them)

July 29, 2014

For most people, their home is their largest asset, so they want to maximize that asset by getting top dollar when they sell. Here are a few reasons you might not get top dollar when you sell – and how to avoid them!

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What’s Ahead For Mortgage Rates This Week – July 28, 2014

July 28, 2014

Last week’s economic news brought several housing-related reports, which indicated varying results in terms of gauging the economic recovery.

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The 7 Most Unaffordable Cities for Real Estate in the USA (And 3 Affordable Gems!)

July 25, 2014

As prices continue to rise across the board with everything from food to gas, it’s no wonder that real estate prices are high in many cities across the USA.

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Can One Missed Mortgage Payment Affect Your Credit Rating? Yes! Here’s What to Do if You Miss One

July 24, 2014

Most people don’t know whether or not a single missed mortgage payment can have serious consequences for their credit score.

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National Association of REALTORS Existing Home Sales Exceed Projections

July 23, 2014

According to the National Association of REALTORS, existing home sales surpassed both May sales and expectations for June.

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Is Now the Time to Consider a 15-Year Mortgage? Five Reasons to Give the 15Y Another Look

July 22, 2014

A 15-year fixed mortgage is, as its name suggests, a mortgage that’s paid off after 15 years. Since it amortizes fully, after that amount of time you won’t have to pay anything else. This type of mortgage has a lot of benefits, and in this article we’ll share just a few of them.

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