Home affordability took a slight hit this week after the Federal Reserve’s release of its August 10 meeting minutes.
Mortgage Rates May Be Low, But They’re Tough To Pin Down — Especially This Week
Mortgage rates would have been volatile this week. The presence of Labor Day just piles on. If you have a chance to lock something favorable and within your budget, consider doing it.
How To Reduce Home Energy Costs By Sealing Air Leaks
According to the U.S. Department of Energy, up to 30 percent of a home’s energy costs can be cut just by reducing drafts. For example, a 1/16-inch gap unsealed gap around a window is equivalent to leaving the window 3 inches open.
Hiring The Right Real Estate Professional Pays Off Over Time – guest post by Justin Daniels, Atlanta Real Estate Attorney
I have certain clients who pass through my office who are thinking about hiring a real estate lawyer for the first time or switching lawyers for the all too familiar reasons. They, however, make it clear all they really care about is getting the cheapest price for the services. How often do you hire the [...]
Home Affordability Rankings For 225 Metropolitan Statistical Areas
With home prices holding firm and mortgage rates still dropping, home affordability is reaching new heights.
New Home Sales Drop In July — Just Like Existing Home Sales
Although new home inventory actually dropped 2,000 units in July, the slowing sales pace still managed to push the national supply higher by 1.1 months. At July’s rate of sales, the nation’s new home inventory would be exhausted in just about 9 months.
Existing Home Sales Plummet In July; Home Buyers Gain Leverage
The number of home resales plunged by 1.4 million units in July. Home buyers may uncover opportunities for a deal.
Bank Mortgage Lending Policies Appear To be Easing
According to the Federal Reserve’s quarterly survey of senior bank loan officers, roughly 1 in 10 lenders added mortgage qualification hurdles between April and June. It’s a huge departure from just 2 years ago when the mortgage industry was facing its first wave of challenges.
How To Re-Grout And Caulk Bathroom Tiles
In this 2-minute video, you’ll learn how to clean the existing grout in your shower and to prepare for a new coating. You’ll also learn how to replace its caulk.
Mortgage Rates Make New Lows For The 9th Week In A Row
Mortgage rates are (again) at their lowest levels in history.
