Each month, the Department of Housing and Urban Development puts out its Housing Scorecard. Think of it as a monthly report card on how well the housing market is doing. August’s report was titled “The Obama Administration’s Efforts to Stabilize the Housing Market and Help American Homeowners.” Let’s take a look and see if those efforts are paying off.
Getting a home appraisal is an important and thorough part of the home loan process that leaves many overwhelmed. Fear no more! VP of Mortgage Operations at Quicken Loans, Mike Lyon, will guide you through everything you need to know about home appraisals.
An article from Mortgage New Daily from a few days back says that more than half of Americans in a recent Gallup poll expect average home prices in their area to rise. That’s up from just 33 percent just one year ago of Americans who were bullish about their home value.
Given current economic conditions, there really couldn’t be a better time to buy if you’re looking for a new place to call home.
Homeowners and renters are optimistic about the housing market in 2013, according to Mortgage News Daily.
The housing market is looking good for the next month, and beyond according to the Kudlow Report on MSNBC. Read more for a breakdown on why this good news is happening.
News of increased manufacturing orders in December due today may boost consumer confidence and improve stock market yields.
The bond market is up this morning with the rally being driven by a disappointing unemployment report. There are still lesser economic numbers getting released throughout the day, which has the potential to move the markets.
The markets got a dose of good news overnight. Banks in Europe decided to pay back a large amount of the money they borrowed.
The housing starts report showed that builders broke ground on more houses than forecasted last month and we are now at a four-year high.