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What's Ahead For Mortgage Rates This Week – October 26, 2015
Last week’s economic news included the National Association of Home Builders Index, Housing Starts and FHFA’s report on August home sales. The National Association of Realtors released its monthly report on sales of previously owned homes.
read moreSales of Pre-Owned Homes Hit Second Highest Level in 8 Years
Housing markets show continued strength as the National Association of Realtors reported that sales of existing homes reached their second highest level since February 2007. Sales of pre-owned homes increased by 4.70 percent and reached 5.55 million sales on a seasonally adjusted annual basis against analyst expectations of 5.34 million sales and Augustâs reading of 5.30 million sales of previously owned homes.
read moreSqueezing a Seller: 3 Tips to Help Bring a Seller's Price Down to Fit Your Budget
If you’ve been searching the real estate market for a while and you’ve finally come across a home that you love, itâs possible you may be ready to pounce at any price. However, if you’re hoping to bring the seller’s price down for a deal thatâs closer to what you want to spend, here are some ways you may be able to have your home and pay the right price too.
read moreCan You Give a Relative a Gift of Cash for a Mortgage Down Payment? Yes – Here's How
A new house is a major investment. Even if you have a mortgage, the bank and the seller will still expect a sizable down payment. That’s why lots of people regularly gift down payments to friends and relatives – it’s a great way to help young people start out on the path of home ownership.
read moreDon't Fear the Last Minute Home Showing – Here's How You Can Impress Potential Buyers
The idea of impressing potential buyers can be a matter rife with stress, but there are a few things you can do before a viewing to ensure your home is seen in the best light. If you’ve recently put your house on the market and you’re looking for some fast and easy fix-ups, here are a handful of ways you can be sure to create a positive first impression.
read moreWhat's Ahead For Mortgage Rates This Week – October 19, 2015
Last week’s economic reports included Consumer Price Index and Core index for September, the minutes of the FOMC meeting held September 15 and 17, and weekly reports on mortgage rates and new jobless claims.
read moreDIY Home Upgrades: 5 Reasons Why Hardwood Flooring Should Be on Your Renovation List
Whether you’re planning on selling your home soon or you want to do a few minor renovations for your own enjoyment, an ailing hardwood floor may be on your list of things to tackle. Here are five reasons you may want to move it to the top of your renovation list.
read moreHow Much Should You Budget for Closing Costs? Let's Take a Look
If you’re in the market for a new home, you’re probably trying to budget for all of the expenses that come with a home purchase. After all, the asking price isn’t necessarily the entire amount that you’ll pay – there are other expenses that will factor in to the final price. One such expense is your closing costs.
read moreDo You Regret Turning Down an Offer? How to Reopen Talks with a Potential Home Buyer
The real estate market is in a state of constant flux, and if your home has been for sale a little while you may feel vulnerable if you’ve recently rejected an offer. If you’re starting to change your tune on what you want and youâre wondering how you can re-make a deal, here are a few pointers for how to approach a new negotiation.
read moreWhat's Ahead For Mortgage Rates This Week – October 13, 2015
Last week’s economic reports included the Federal Open Market Committee Meeting Minutes and Weekly Jobless Claims. Also, the new mortgage TRID rules went into effect. Here are the details:
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