home Buyer Survey Ranks Features That Are Important To Buyers
A recent survey of recent home buyers conducted by the National Association of Realtors (NAR) pointed out a bunch of home features that rank high with homeowners. The 2007 Profile of Buyers’ home Feature Preferences found that buyers preference for… Read More Now
mortgage Rates Increase Despite Job Figures
“Interest rates on prime conforming fixed-rate mortgages eased further in the past week, according to the Primary mortgage Market Survey, even though other sources such as HSH Associates reported that jumbo fixed rates increased by a quarter percent or more last week,” said Frank Nothaft, Freddie Mac vice president and chief economist. “Freddie Mac reported that the amount of home equity cashed out through refinancing totaled… Read More Now
Pending home Sales: A Little Good News In A Grim Time
We don’t usually cover the monthly report on pending home sales issued by the National Association of Realtors (NAR), concentrating instead on NAR and the Census Bureau’s other reports on housing permits and starts and the completed sales of new and of existing homes. However, with good news in such short supply lately - perhaps the understatement of the year - it seems worth talking about the smidgen of sunshine that accompanied the pending sales report for June. Read More Now
mortgage Rates Eased By Weakening Housing Demand
mortgage rates continued to ebb and flow within a narrow range last week; most rates are little changed from where they were in late July 2006. Frank Nothaft, Freddie Mac vice president and chief economist commented that “mortgage rates eased this week on market concerns that a further weakening of housing demand this spring will delay any recovery in the sector. For example… Read More Now
mortgage Payments And credit Cards - Two Examples Of Creative Thinking
American’s are hooked on credit card rewards and while those that give consumers free airline miles are pretty old hat, lenders are constantly coming up with new ways to lure the plastic addicted to switch accounts. Two of the newest variations involve mortgages and both are rather creative… Read More Now
Housing Starts See Decline in Latest Study
The U.S. Census Bureau and the Department of Housing and Urban Development announced today that the number of privately-owned housing starts decreased in July.
What the Buzz in the mortgage Market Really Means
It’s true that the problems in the sub-prime market - loans for those with poor credit - have led to a tightening of guidelines for conventional home loans, the good news is that mortgage interest rates are still very attractive.