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National Association of Realtors, Existing Home Sales Slip in August

by John Evans | Sep 24, 2014 | Market Outlook

Sales of previously owned homes fell in August according to the National Association of REALTORS®. This was the first decline in sales in five months. Although not welcome news to homeowners and real estate pros, there is good news. Lawrence Yun, chief economist...

Turned Down for a Mortgage? What to Do if You are Declined – and How to Get Second Opinion

by John Evans | Sep 23, 2014 | Home Mortgage Tips

If you have been declined for a mortgage, you may think that buying that new home is out of reach. However, there are ways to turn a rejection into an approval and to find a more accessible loan. Here are just a few steps you can take to learn about your loan options...

What’s Ahead For Mortgage Rates This Week – Sept 22, 2014

by John Evans | Sep 22, 2014 | Market Outlook

Last week’s economic news largely concerned the Federal Reserve’s FOMC meeting statement and a post-meeting conference given by Fed Chair Janet Yellen. The FOMC statement indicated that the Fed continued its wind-down of Treasury and mortgage-backed...

Federal Open Market Committee, Fed Chair: No Rush to Raise Rates

by John Evans | Sep 19, 2014 | Market Outlook

Wednesday’s customary post-meeting statement issued by the Federal Open Market Committee (FOMC) of the Federal Reserve provided some relief to investors and analysts concerned that the Fed may soon raise its target federal funds rate. The target federal funds...

Considering a Vacation Home? Six Tips for Buying a House or Condo for Relaxation and Vacation Use

by John Evans | Sep 18, 2014 | Home Buyer Tips

If you’ve just returned from the vacation of a lifetime, you probably wish that wonderful time never had to end. When you buy a vacation home or condo, you can guarantee that you have an escape that will provide you with years of enjoyment. Before you take the...

Speeding Up the Close: Five Tips on How to Close Your Mortgage Loan Faster So You Can Start Moving In

by John Evans | Sep 17, 2014 | Home Mortgage Tips

When a seller accepts an offer from a buyer, the process of obtaining the property has just begun. The buyer now has to conduct an inspection, get approval from an attorney and obtain a mortgage – all of which can be time consuming. Here are a few ways that you...

Looking to Pay Back Your Mortgage Faster? Three Reasons to Consider Switching to Bi-weekly Payments

by John Evans | Sep 16, 2014 | Home Mortgage Tips

While there are differing schools of thought when it comes to whether or not a person should pay off a mortgage before the loan term ends, there may be some benefits to making payments on a bi-weekly basis as opposed to monthly basis. What are some of the reasons why...

What’s Ahead For Mortgage Rates This Week – Sept 15, 2014

by John Evans | Sep 15, 2014 | Market Outlook

Last week’s housing related economic reports were slim, but an unexpected increase in weekly jobless claims gained attention. Analysts calmed concerns by noting that last week’s reading of 315,000 new jobless claims was not far removed from jobless claim...

It’s Not Just Car Storage: How to Transform Your Garage into a Brand New, Highly Usable Space

by John Evans | Sep 12, 2014 | Around The Home

In some homes, garages are used only for car storage. They may appear to be bare and without real functional use for homeowners. However, other garages may be an envy of the neighborhood – they may have floor to ceiling shelving systems, and they may be the...

FICO Scores and Your Mortgage: How to Bump Your FICO Score to Secure a Better Mortgage Rate

by John Evans | Sep 11, 2014 | Mortgage Rates

Is your credit score holding you back from getting the best rate on your next mortgage? The good news is that there are actions that you can take to increase your credit score and improve the interest rate offered on your next home loan. Here are a few easy and...
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