As 2014 has dawned upon the country, the new mortgage rules have also been enforced. Now every lender will first thoroughly evaluate if you are capable of paying a loan, and only then will they provide you the amount you need. During the time the industry was in a crisis, mortgages were given even to those people who could not …
The real estate industry is expected to take an interesting turn in 2014 as the housing recovery continues and due to the appreciation of home prices. It is also believed that a revamped set of mortgage rules is to surface, making it possible for more people to own a house as more investors back off due to increasing house prices. …
Builder confidence in the 55+ housing market showed continued improvement in the third quarter of 2013 compared to the same period a year ago, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) released today. All segments of the market—single-family homes, condominiums and multifamily rental—registered strong increases. The single-family index increased 14 points to …
In September, interest rates on conventional mortgages used to purchase newly built homes increased for the fourth month in a row, according to data released today by the Federal Housing Finance Agency (FHFA). During the month, the average contract interest rate increased by 10 basis points to 4.30 percent, while initial fees increased to 1.14 percent (from an average of …
There are still problems galore when we are talking about the national real estate industry. In spite of the industry’s best efforts to keep buyers engaged with fruitful mortgage rates, buyers are still not falling for it. This has become a major distress for the market as well as the industry. As compared to last year, home prices went up …
Ever since the recent recovery of the housing industry in the United States, people have been buying houses as means of an investment. The unexpected recovery of the real estate industry has evoked countless changes in trends which have been dominating the housing industry. The annual report of the National Association of Realtors (NAR) has shown new trends which have …
Since the start of this year, the boom of the Texas real estate market has been all over the papers. In fact, Texas has put up a better performance than any other state in the real estate industry. Home sales are high because the mortgage rates are low and the job market is also growing stronger. The creation of new …
The year 2013 has not yet ended, but real estate industry experts are busy making predictions for the next year. Just as exciting as 2013 is, 2014 will be even more enthralling and the real estate market is probably going to enjoy an even bigger boom. The market is already so good right now. Can it really get better? Or …
Relocation might seem like the most difficult thing to you right now, but there can be worse things, like your kids refusing to move. Fortunately if they’re young it makes things a little easier but even they experience high stress during a move. Here are some things to help you make your relocation easier and stress-free. Selling before Buying If …
