Case Shiller Price Index Shows That It’s A Buyers Market

February 27, 2014

Two major indicators of home price trends showed a slowing momentum for home prices in December. The S&P Case Shiller 10 and 20 city indices reported that of 20 cities tracked, home prices were lower in December than for November.

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How Can I Get A Cash-Out Refinance Using An FHA Loan?

February 26, 2014

While homeowners typically equate the FHA loan program with low-down payment mortgages, FHA refinances are also available.

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Existing Home Sales Lowest Since 2012

February 25, 2014

Sales of existing homes fell by 5.10 percent in January according to the National Association of REALTORS. Pre-owned home sales slowed to a seasonally-adjusted annual rate of 4.62 million homes against an expected reading of 4.65 million and December’s reading of 4.87 million existing homes sold.

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What’s Ahead For Mortgage Rates This Week – February 24, 2014

February 24, 2014

Last week’s economic data supported recent reports indicating that housing markets are slowing, The National Association of Home builders/Wells Fargo Home Builders Index (HBI) dropped by 10 points to a reading of 46 for February.

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Smart Ways To Create Equity Within Your Home

February 21, 2014

Home equity is the difference between what your home can sell for and what you owe on it. Generally, the longer you own your home, the more equity you build.

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What Are The Requirements To Sell A Home Using An FHA Loan?

February 20, 2014

Before an owner can market a property to buyers that want to use a FHA loan, he will want to familiarize himself with the FHA’s standards. FHA won’t insure loans on just any property.

While their standards aren’t as stringent as they used to be, a home needs to be in relatively good condition to qualify for FHA financing.

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What Is A Mortgage Pre-Approval?

February 19, 2014

When you are purchasing a home, your broker may recommend you obtain a mortgage pre-approval before you find the home of your dreams.

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What’s Ahead For Mortgage Rates This Week – February 18, 2014

February 18, 2014

Last week’s economic news was dominated by the first address by the new Fed chairperson, Janet Yellen.

Tuesday’s news included the Jobs Openings report for December 2013, which matched November’s reading of 4.0 million jobs available.

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What To Consider When Buying A Fixer-Upper

February 14, 2014

In your imagination it seems like a great idea – you purchase an older run-down property and you have the chance to fix it up and turn it into the home of your dreams.

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What To Consider When Buying A Fixer-Upper

February 14, 2014

In your imagination it seems like a great idea – you purchase an older run-down property and you have the chance to fix it up and turn it into the home of your dreams.

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