Simple Real Estate Definitions : Tax And Insurance Escrow

Want a discount on your next mortgage rate? Tell your lender that you’re willing to escrow.

Leave a comment Continue Reading →

Have Mortgage Rates Bottomed Out?

Mortgage rates have troughed. Or, so it seems.

Leave a comment Continue Reading →

Fed Minutes Suggest New Economic Stimulus Next Week

The Federal Open Market Committee released its November 2011 meeting minutes, revealing a Fed split on whether new stimulus is needed for the U.S. economy.

Leave a comment Continue Reading →

How To Install A Dimmer Switch

In this 2-minute video, you’ll learn how to reduce your home’s standard on/off lighting switches using dimmer switches. The dimmer-switch project is a do-it-yourselfer and requires only basic handyman experience.

Leave a comment Continue Reading →

More Housing Strength : Pending Home Sales Surged In October

After 3 consecutive months of easing, the Pending Home Sales Index jumped 10 percent in October, lending credence to the belief that housing is in recovery.

Leave a comment Continue Reading →

Friday’s Jobs Report Represents A Big Risk To Low Mortgage Rates

At 8:30 AM ET Friday, the government’s Bureau of Labor Statistics will release its November Non-Farm Payrolls report. Have you been floating a mortgage rate? It may be time to lock.

Leave a comment Continue Reading →

Case-Shiller Index: 17 Of 20 U.S. Housing Markets Slipped In September

Standard & Poor’s released its September 2011 Case-Shiller Index this week. The index tracks home price changes in select cities between months, quarters, and years. The Case-Shiller Index for September showed drastic devaluations nationwide.

Leave a comment Continue Reading →

New Home Supplies Fall To An 18-Month Low

If you plan to buy of new construction in 2012, don’t expect today’s low prices. Like everything in housing of late, the market for newly-built homes appears to be improving.

Leave a comment Continue Reading →

Home Improvement Projects : How Much Equity Will You Build?

According to Remodeling Magazine’s Cost vs Value Report 2011-2012, for each home improvement dollar spent in 2012, homeowners can expect to recoup just 58 cents in home equity.

Leave a comment Continue Reading →

Mortgage Secrets : Don’t be a sucka!

Really want the best Apples to Apples comparison to shop mortgages for your home?   If so, follow the advice below as presented in these two scenarios. Customize the questions to suit your finances. Scenario #1 THINK:  I want to spend the least amount of cash at Closing. ASK:   “I want to know the best [...]

1 Comment Continue Reading →