If you’re wondering what that phrase after your name on a deed or title is, then this is the right blog for you! When title companies determine how you will hold title they will look at your “vesting” deed, which is your most recent deed. Determining how to hold title depends on an individual’s current situation, and how that person wants to pass ownership in the event of death, divorce or sale of their real estate.
The recent volatility in the stock market is probably confusing and a little scary to us casual investors; let’s take a look at this recent downturn in the Dow, what’s causing it and what you could/should do about it.
Initial jobless claims fell to 338,000 in the week ending December 21, from a revised 380,000 in the previous week. The Labor Department is stating that difficulty in adjusting data during the holiday season is the likely reason for volatility in claims for the last two months of the year.
The holiday season is upon us and I have a lot to be thankful for: family, friends, football and a delicious Thanksgiving dinner. The list could go on and on.There’s also something else we can all be thankful for: low mortgage rates!
Not only did mortgage rates not snowball out of control, they actually declined, according to the weekly Primary Mortgage Market Survey. This marks the first week rates have decreased since Oct. 31.
This week, according to the Primary Mortgage Market Survey, rates increased. The upward climb marks the second consecutive week rates have gone up.
According to the weekly Primary Mortgage Market Survey, those of you who took advantage of the low rates last week did so at the right time. This week, rates moved higher for the first time in three weeks.
Happy Halloween! While you’re likely to get frightened by all the ghosts and goblins running around today, mortgage rates this week will surely make you scream!
Mortgage rates have three options: rise, drop or remain the same. After a few weeks of inching upward/remaining unchanged, rates took a dive this week – not just any dive, either.
Economists predicted that a government default would cause interest rates to rise because it would hurt the creditworthiness of the United States and increase the treasury’s cost of borrowing money. Since the interest rates on consumer loans are tied to the treasury rate, a default would cause all interest rates to rise, including mortgages.