Although housing has slowed somewhat recently, long-term rates still remain attractive. The Fed paused their rate hikes the last time they met and are likely to do the same again this week. The economy remains conducive to housing and inflation remains under control.
If you've never bought a house before, you're probably very intimidated by the idea. Do you know what you should look for in a home? How to find the right real estate agent? How to get financing for the home? Many first-time home buyers don't where to start. But it doesn't have to be scary or difficult. Here's a step-by-step breakdown.
The number of home purchases grew last week compared to the week before, as Americans are taking advantage of long-term interest rates that are hovering at yearly lows.
There are literally hundreds of mortgage loan “products” in the market these days, many of which are structured to provide homeowners flexibility. Option ARMs are made specifically to offer flexibility. But everyone is different and has different needs, so there isn't a one-size-fits-all. How do you choose the right Option ARM?
As long-term interest rates approach yearly lows, more people are looking to buy or refinance a home.
If you have ever suffered the loss of a spouse due to death or divorce, you know there are many things you have to take care of to ensure your financial security. One of those is to make sure your credit is in good standing and stays that way. Here are a few tips.
Applications for mortgages, both refinances and new purchases, were down a bit last week. The gap between short-term rates and long-term rates has narrowed, but long-term rates remain low and continue to prompt those with adjustable rate mortgages to refinance into fixed programs.
Having a hard time selling your old house while trying to get into your new house? Many people get a bridge loan or a home equity loan in order to get the money for the down payment they need. But there's a better alternative emerging in the housing market.
Sales of new homes dropped a bit last month to a level lower than in June. The housing market has slowed, but the drop in long-term rates should keep supporting the housing market.
By visiting Web site, you can instantly win gift cards, movie tickets or grand prize Livonia, Mich. – Aug. 23, 2006 – What would you [...]