If you’re like many retirees, you could use a little extra money to get by, beyond your retirement savings and Social Security. Or maybe you’re just looking for ways to stay busy and to make a bit of extra cash in the process. Either Way, Market your skills. Whether you… read more →
Saving for retirement is a monumental task. Unfortunately, today’s chronically low savings rates suggest that too many Americans don’t take it seriously enough. The better people understand the challenge of saving for retirement today, the more likely they are to focus on it. Here are five hard facts on retirement… read more →
With home prices rising, big real estate investors have discovered another source of cheap property: bad mortgages. American Homes 4 Rent, the second-largest single-family landlord after Blackstone Group, are stepping up acquisitions of nonperforming loans, or NPLs, to expand their holdings of homes to operate as rental properties. Hedge funds,… read more →
You might think you’ve stashed away enough money for retirement, but planning for the costs of your post-work years is no simple task. Many workers find themselves confronting hidden costs after they leave the workforce. The worst part? Those hidden costs have a habit of rising over the years. Pre-retirees… read more →
Eager buyers shopping for homes in today’s modestly recovered housing markets might be disappointed to discover not many homes are available for sale. This shortage of inventory means homebuyers in some areas have but few — if any — for-sale homes to choose from. Home Prices Helping Rising home prices… read more →
It’s true that Federal Housing Administration mortgage loans are more expensive in 2014. But as mortgage rates and premiums rise, it’s also true that FHA borrowers have an advantage over those with conventional mortgages: FHA loans are assumable, which means that when it comes time to sell, buyers can take… read more →
U.S. mortgage rates for 30-year loans climbed for a third week, increasing borrowing costs as harsh weather contributes to slowing demand for homes. The average rate for a 30-year fixed mortgage was 4.37 percent this week, up from 4.33 percent, Freddie Mac said on Thursday. The average 15-year rate rose… read more →
The State of Maryland offers tons of Home and Business Ownership Programs and Incentives which vary from one County to another. These Loan Programs were established to make home ownership and the cost to run a small business more affordable and to help revitalize communities which were heavily affected by… read more →
In recent years, officials in many of the nation’s most expensive housing markets have embraced “micro-apartments” as a way to provide less-expensive housing for young renters. They are betting that the tiny apartments — generally the size of a hotel room for about half the rent of a full-size apartment… read more →
A lot of attention has been paid to the fact that mortgage rates are expected to rise throughout 2014. As mortgage rates creep upward in this year, borrowers need remember that rates will still be historically low and nowhere near the interest rates consumers faced in the early 1980s. Four… read more →