NHS October 1st marked the first day of the newly-lowered FHA loan limits, which are expected to impact the borrowing abilities of buyers in some of the nation’s most expensive housing districts. FHA loans, which are essentially loans guaranteed by the federal government via the Federal Housing Administration, are popular loan choices with individuals who are … Read more
If you are lucky enough to enjoy a warm, crackling fire in the cold winter months, then the beginning of fall is a great time to have your…
As the weather becomes warmer, you may be reconsidering the decor of your home. What can you do if cost may be an issue? Your home’s appearance can change dramatically with one simple focus: lighting. By making some small changes to your home’s lighting scheme you may be surprised at the transformation and how lightly … Read more
Although stone countertops would seem to have a durable hard surface, you must take care not to seriously damage the stone surfaces in your home by using the wrong cleaning products. You might not have thought so, but your common, everyday cleaning products may be doing more harm then good to surfaces such as marble, … Read more
Once again real-estate stocks did better than the overall stock market in the second quarter, which means that investors are continuing to wager on property firms amid the distressed global climate. Real Estate Investment Trusts (REITs) were up almost 10% in the first half of the year compared to a 6% increase in S&P’s … Read more
The season has arrived when homeowners and renters alike put forth their best efforts to keep lawns and gardens looking beautiful. Here’s what every aspiring gardener should know when it comes to putting their best on display. • For landscape plants, water deeply at least monthly. Any plants that are sensitive to frost should be … Read more
The 30-year fixed-rate mortgage average did not change over last week and the 15-year fixed-rate mortgage average edged up slightly over the prior week’s average, according to the data released by Freddie Mac in their latest survey on mortgage rate averages. Mortgage rates commonly track Treasury yields. Treasury yields move inversely to Treasury prices. Therefore, … Read more
The average for the 30-year fixed-rate mortgage has hovered around 4.5% for four consecutive weeks. The rates have largely remained unchanged due to conflicted data surrounding…
This increase in home prices have many hoping that home prices have finally bottomed out and are on their way up…
Recent government plans to overhaul housing finance call for mortgage programs Fannie Mae and Freddie Mac to be replaced by a number of smaller companies that would carry out the current role of these two large agencies. Currently both Fannie and Freddie create and sell mortgage bonds backed by the federal government, but current proposals … Read more