Buying a new home is exciting, and also a bit overwhelming. As you move into the new place, ideas of customization, home improvement, and repairs are flooding the to-do lists. So what are some good steps to begin with?
With the beginning of a new year, we are all trying to get our finances in order and budget in that extra cash for emergencies. In the process of changing our spending habits and finding more ways to save money, there’s actually one method that most people overlook: their mortgage.
We’ve mentioned quite a few times why now is absolutely the best time to buy a home. So now the question becomes: where should I buy my home? Well, although property values are down just about anywhere, there are certain places that are better investments than others.
On Tuesday, the Standard & Poor’s/Case-Shiller home price index was released. This is the standard measure for the health of the housing market sector, and looks specifically at the condition of 20 metropolitan areas.
Imagine coming home to an empty house with all of your belongings gone. After some investigation you find out that all of your things have been thrown away because your home was mistakenly believed to have been foreclosed on. Sound awful? Well, this is exactly what happened to a Las Vegas Woman named Nilly Mauck.
Today’s GDP report revealed a slower than expected growth in the third quarter. Last month the GDP was 2.8%, and before that October showed promise with a 3.5% GDP. However, for the third quarter overall GDP from July through September came out at only 2.2%.
On Tuesday, President Obama picked Howard Schmidt, formerly a Bush administration adviser, to serve as the new national cyber-security coordinator. According to Reuters, Schmidt is the president of Information Security Forum.
If you’re buying a home, chances are you’ve considered buying a point or two to lower your mortgage rate. But how do you know if buying is a good choice? How much does a point cost? And how much does a point lower your mortgage rate?
With the first-time home buyer tax extension, many buyers are once again swarming into the market. If you haven’t already started looking for a house, here are a few reminders why you should buy your first (or second) within the next few months.
According to Reuters, on Tuesday Lend America, a home mortgage company, ceased all loan originations and operations. The company changed their homepage to show customer service and inquiry numbers, as well as to convey that they are no longer in business.