Job Growth Keeps Economy Growing, Fixed Rates Low
Nearly a quarter million jobs were created in October, keeping the economy growing strong. Long-term rates remain near-historic lows. What does this mean for you if you have a variable rate mortgage?
Low Long-Term Rates Continue to Spur Refinancing
Mortgage refinance applications drop, however, homeowners are still taking advantage of historically low long-term rates. What does the future hold in terms of rates?
Conforming Loan Limits to Increase Significantly
Fannie Mae will increase the conforming loan limit in January 2006. However, some lenders are making the change immediately, ahead of Fannie Mae. How much is the increase and what does this mean for existing and prospective homeowners looking for a mortgage?
October Proves Strong for Housing Sales
Single-family home sales jumped significantly in October. The housing market is continually being driven by a favorable rate environment and strong consumer confidence. What does this mean for the coming year?
Employment, Consumer Confidence Continue to Drive Housing
Though total existing home sales dip, that's no sign of the housing market weakening. Consumer confidence and strong employment keep driving housing performance.
Don't Use Your Credit Cards This Holiday Season
It's that time of year again. Time to go around to the malls and buy gifts for your family and friends. That means you'll be adding to your pile of debts. But there's a simple solution: don't use your credit cards at all! There are other ways to buy those gifts.
The Closing Process
Looking for a home? Then you're probably also getting a mortgage. But fear not: closing on a mortgage is no longer as scary or complicated as it was for your parents. So what happens during the closing and who's involved?
Drop in Housing Starts No Indication of Market Softening
Even though mortgage rates are still historically low and the economy is still strong, the number of housing starts for October 2005 dropped by more than 5% from the previous month. But does this mean the housing bubble will burst?
Economy Strengthens, More Homeowners Look for Fixed-Rate Mortgages
As fuel prices drop and employment becomes healthier. But short-term interest rates continue to rise. How are home owners reacting to this?
Buying a Home After Bankruptcy
Have you recently gone through a bankruptcy? Find out what your home buying options are after filing and how using credit responsibly can help rebuild your credit score.
posted @ 12:31 AM
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