by John Evans | Jun 26, 2014 | Mortgage Rates
The S&P Case-Shiller Index for April shows that while home prices continue to grow, they are doing so at a slower pace as compared to April 2013. The Case-Shiller 20 city index reports that home prices expanded at a year-over-year annual rate of 10.80 percent as...
by John Evans | Jun 25, 2014 | Home Mortgage Tips
Those who are looking to buy a home may want to start by shopping for a loan first. Having financing ahead of time may make it easier to get sellers to take a buyer seriously and help move along the closing process. For those who are looking to get a mortgage, the...
by John Evans | Jun 24, 2014 | Home Mortgage Tips
The FHA offers many new programs and incentives for new homebuyers to take advantage of so that they can be part of the effort to ease the credit crisis. If you are in the process of shopping for a mortgage prior to shopping for your new home, it can benefit you to...
by John Evans | Jun 23, 2014 | Market Outlook
Last week’s scheduled economic news included the National Association of Home Builders /Wells Fargo Housing Market Index, Housing Starts and Building Permits. The Fed’s Federal Open Market Committee (FOMC) issued its usual statement at the conclusion of...
by John Evans | Jun 20, 2014 | Real Estate
Distressed real estate is real estate in need of serious repairs. These properties are often called “handyman specials.” If you have the skill or the money to complete the repairs, you can often find great deals. Here are some dos and don’ts of...
by John Evans | Jun 19, 2014 | Financial Reports
The Federal Open Market Committee (FOMC) determined that current economic conditions warranted another $10 billion reduction in the Fed’s asset purchases. Citing improvements in economic indicators including labor markets and national unemployment, committee...
by John Evans | Jun 18, 2014 | Home Mortgage Tips
You’ve decided to put your home up for sale. Now, how are you going to make the most money selling it and get it sold the fastest? Perhaps you should consider providing owner financing, also known as seller financing. Why Isn’t The Buyer Getting Bank...
by John Evans | Jun 17, 2014 | Mortagage Tips
There are many reasons why a mortgage loan could be declined. It doesn’t have to be the end of your real estate dreams. Here are a few things to consider if you’ve been turned down for a mortgage. Loan-To-Value Ratio The loan-to-value ratio (LTV) is the...
by John Evans | Jun 16, 2014 | Market Outlook
Last week’s economic news was quiet in the housing sector, but retail sales and employment-related reports provided indications of less consumer spending and reduced consumer confidence. On Monday, James Bullard, St. Louis Fed President, commented that inflation...
by John Evans | Jun 13, 2014 | Home Mortgage Tips
You’ve found the perfect property and a great mortgage loan with the best interest rate you can find. What’s next in the home buying experience? Signing the contracts and paying the closing costs. But what exactly are closing costs? Here Is A List Of The...
