Our Blawg
Existing Home Sales Jump; Home Supplies Falling
According to the National Association of REALTORS®, Existing Home Sales rose 8 percent in August.
read moreBuilding Permits Rising Nationwide; Housing Starts To Follow
Single-Family Housing Starts fell for the second consecutive month, dropping to a seasonally-adjusted, annualized 417,000 units in August 2011.
read moreA Simple Explanation Of The Federal Reserve Statement (September 21, 2011 Edition)
Wednesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent.
read moreThe Fed Adjourns At 2:15 PM ET Today : What It Means For Mortgage Rates
The Federal Open Market Committee adjourns from a two-day, scheduled meeting today, the sixth of 8 scheduled meetings this year, and the seventh Fed meeting overall. Mortgage rates will be volatile.
read moreHomebuilder Confidence Stays Flat
Homebuilders are feeling worse about the market for new homes nationwide.
read moreChoosing A 15-Year Fixed Rate Mortgage Over A 30-Year Fixed Rate Mortgage
If you’ve ever considered a 15-year loan term, it’s a terrific time to talk to your lender. According to Freddie Mac’s weekly mortgage rate survey, the 15-year fixed rate mortgage is at its lowest point in history.
read moreAnnual Foreclosure Filings Down For 11th Straight Month
On an annual basis, foreclosure filings fell last month. On a monthly basis, they did not.
read moreCapitalize On Low Interest Rates In Overlooked Places
It’s no secret. Rates are low right now. And, it’s not just mortgage rates, either — all types of rates are scraping rock-bottom. Borrowing rates, lending rates and savings rates are at or near their all-time lowest levels.
read moreAdjustable-Rate Mortgages Starting To Adjust Higher
For the first time in a year, homeowners with adjusting mortgages are facing rising mortgage rates.
read moreEveryone Lives In A Flood Zone. Are You Covered?
Flooding is the top-ranked natural disaster in the United States, with a dozen potential causes ranging from heavy rains, tropical storms and hurricanes to new housing developments and rain after fire. Floods can occur in all 50 states and, when they do, they leave massive damage in their wake.
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