Why the refinance boom is far from over
Here is an interesting read we thought we would share. Why the refinance boom is far from over By Tony Moton | Yahoo Homes Rising interest rates might slow the refinance boom, but the trend is far from finished. When interest rates hit record-setting lows in 2012, the mortgage industry experienced the peak of a refinance boom lasting for three years. But withRead the Rest…
How to Get a Mortgage With Bad Credit
Here is an article we thought you might find interesting http://blog.credit.com/2013/07/how-to-get-a-mortgage-with-bad-credit/ How to Get a Mortgage With Bad Credit July 31, 2013 by Scott Sheldon Today, there is still a general consensus that to buy a home you need to have 20% down and a good-to-excellent credit history. The good news is you actually don’t need a large down payment or great credit inRead the Rest…
Market Recap
Market Recap August 19 2013 New Homes Continue to Heat Up: Two separate reports were released that showed continued growth in the New Home sector: Home Builder’s Index: Builder confidence in the market for newly built, single-family homes rose three points to 59 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for August, released today. ThisRead the Rest…
Market Recap
Pending Home Sales Climb 10.9%: Pending Home Sales climbed 10.9% from this time last year according to the National Association of Realtors (NAR). Pending Home Sales are homes that have active sales contracts but have not yet closed. On a month-over-month basis, sales pulled back -0.4 percent. This is actually positive news as the market was expected a drop ofRead the Rest…