Are you planning a move this year – possibly building a new home? Since you are already spending a large amount, you should look for ways to decrease this as much as possible. New homes are priced according to their size, location and materials, which may be more than what you want to pay. A real estate agent in the …
In recent times, mortgage rates have increased and the rise is expected to continue for quite some time. With no chance of the trend reversing anytime soon, what do you do if you are interested in buying a house? Mortgage rates depend on a number of factors such as the property type, property occupancy and loan program. While you may …
Have you ever thought about becoming a homeowner and tried to search for a home? This is not an easy process, and when you have to do it in an altogether different area or region, it becomes even more difficult. We will share with you the story of a military wife who has moved many times in the past few …
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 …
It comes as little surprise as to why the real estate industry in Texas is at such a boom. Texas has been known for its cheap property, which is why the bidding war is getting hotter by the day. Homeowners in Austin, Dallas, and Houston have seen their property prices increase sharply over the course of the past few years. …
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 …
The market for real estate is showing signs of improvement this year. But this time around, no one can dare to bring up the word ‘boom’ in the equation. The problems of home owners are still largely unresolved, but still, some life in pricing and real estate activity is a welcomed change. Try to avoid discussing housing problem with words …
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 …
