It might seem sometimes that big cities get all the love. Larger populations seem to keep these places constantly in the news or at the top of rankings across the nation. But what about the little guys? Are they destined to always be overlooked? We love our big cities, sure,… read more →
If you’ve considered or experienced a short sale, one of the biggest concerns you may have is how it will impact your ability to purchase another property in the future. Here are five key variables on how a short sale can impact your next home purchase. Duration of Delinquency Plays… read more →
If you’ve recently come into some money, you may be tempted to pay off your mortgage early so you can finally be done with monthly payments and own your home outright. But while plenty of people choose this route for the security of owning their homes free and clear, it… read more →
A new study shows that many home sellers are unrealistically optimistic, asking considerably more than they’re likely to get. As a result, they risk long delays in finding buyers, which means a lot of lost revenue while the house sits idle on the market. What’s more, homeowners who bought after the… read more →
The number of renters has swelled nationwide following the collapse of the housing bubble. Some renters face stiffer competition for vacancies and higher rents. All renters who take the time to study the quirks of their particular market will fare better. Here’s what you need to know if you’re a renter.… read more →
When you started researching what it takes to buy a home, you probably came face-to-face with one number over and over again: 20 percent. Traditionally, that’s how much was needed to buy a home. These days, there are a number of alternatives to the 20 percent down payment, with some… read more →
U.S. mortgage rates fell for a fifth week, reducing borrowing costs as home-price gains slow. The average rate for a 30-year fixed mortgage was 4.12 percent this week, down from 4.14 percent and the lowest since October, Freddie Mac said in a statement on Thursday. The average 15-year rate slipped… read more →
The numbers from the housing sector by and large have been weaker than originally expected during the first months of 2014. A new, revised 2014 outlook from Freddie Mac is out, and we have compared it to the most recent outlook from Fannie Mae from the end of April. The… read more →