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Is It Best To Put Down A Large Down Payment, Or Be Agile With Your Savings?

by John Evans | May 7, 2014 | Mortgage News

Putting down the largest sum of money at your disposal might seem like the best way to go when it comes to your mortgage down payment. There is a certain amount of truth to this, but the reality is bigger is not always better. Ideally, the amount of money you settle...

How Will A Short Sale Affect Your Ability To Buy Another House In The Future?

by John Evans | May 6, 2014 | Mortgage News

The last few years have been financially difficult for millions of homeowners, with job losses and decline in home values devastating families all over the US. As a result, a great number of homes have gone through short sales, which has had a detrimental effect on...

What’s Ahead For Mortgage Rates This Week – May 5, 2014

by John Evans | May 5, 2014 | Mortgage News

Last week’s economic news included several reports related to housing and mortgages. The NAR started the week on a positive note with its Pending Home Sales Index released Monday. Pending home sales in March were higher with an unexpected increase of 3.40...

What’s in a Color? Six Paint Colors That Will Affect Your Mood

by John Evans | May 2, 2014 | Mortgage News

Believe it or not, paint colors can affect your mood. When remodeling your home, the color you use on the walls can end up being just as critical to the thematic consistency of your home as the furniture you use to decorate it. Before you slap any old color on the...

FOMC Noted Retail Sales In March Reached Highest Level Since September Of 2012

by John Evans | May 1, 2014 | Mortgage News

The FOMC of the Federal Reserve released its customary statement after its meeting concluded April 30. FOMC members said that the economy is improving after a winter lull caused by poor weather. The national unemployment rate remains high, although some improvement in...

Warmer Weather Brings In The Buyers, Is There Inventory?

by John Evans | Apr 30, 2014 | Mortgage News

After three consecutive months of decline, the S&P Case-Shiller 20-City Composite Index remained nearly unchanged in February. Year-over-year home prices rose by 12.90 percent in February as compared to 13.20 percent in January. 20 Percent Below Their 2006...
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