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 …
Do you want to become a homeowner but do not have enough money for your down payment? No problem. The latest news suggests that you might actually be able to use your IRA funds for this. The fact that the real estate industry is booming is all over the news. Even though the year is nearing its end, it still …
Once you’ve decided to become a homeowner, developed your budget and saving plans and evaluated your financial situation, you’ll find several different business professionals are part of the home buying experience. You’ll be the star in this performance, with a varied cast of supporting players. You may not meet each of them face-to-face, but they all play important roles.
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 fact that Congress raised the debt ceiling in the early days of the final quarter has left a negative impact on a number of aspects. Although, the number of housing sales may stay balanced, consumer confidence in the market is set to suffer. As a consequence, the path to recovery on which the housing market had been on up …
Home buying is becoming completely entangled with home inspection these days. Strict financial plans and the costs of major home repairs ensure that everyone understands the need for a home inspection before buying. According to a study conducted by American Society of Home Inspectors, 77% of home buyers went for home inspection before deciding whether to buy the house. In …
The holidays are right around the corner, which means that people all over the country will be preparing for the upcoming season’s many festivities, which usually center on food. And, for those who choose to host holiday parties, this also means a renewed focus on the heart of the home where food is prepared, guests congregate and the after-dinner coffee …
Commercial real estate in Houston is booming as the demand for hotels surges higher than ever before. Now is a very good time to get involved in this business is what a recent report has to state. The survey had a sample size of about 60 managers, all of which were employed at local hotels in Houston. The report has …
The year 2013 is coming to an end. How about becoming a homeowner before the next year dawns upon you? The time is right now, and you never know what the real estate market is going to be like next year. So why not do it now than later? The rates are still low, the qualifications requirements are not that …
