Home prices gained in August per the 20-City S&P Case-Shiller Home Price Index. Analysts said that home values continue to expand in spite of challenges including low inventories of available homes and strict mortgage qualification requirements. National Home Price Index Near 2006 Peak According to the national Case-Shiller Home Price Index, August home prices are 0.10 percent below their 2006 peak and all metro areas in the 20-City Home Price Index posted gains. Top gains in the 20-City … [Read more...]
Master the Autumn Home Buying Season With Our Guide to Finding Local Real Estate Bargains
Most people have a good idea of the neighborhood they want to purchase a new home in. The problem is finding a great deal in the area, especially if it's a neighborhood that's very popular. Thinking outside the box and avoiding the standard real estate listings can result in some bargain properties for sale that most people are completely unaware of. Contemplate Investing In Foreclosed Homes When the housing market boomed, many people tried to take advantage by investing in a second home that … [Read more...]
Forget Mortgage Apps: 5 Reasons Why You’ll Want to Use a Human Mortgage Broker
A mortgage broker can be a helpful tool in finding the right opportunity for you, but it can be tempting to deal with mortgage apps that may be able to consolidate all the information you need in one place. While many modern apps can be quite convenient, there are a few reasons you may want to use a knowledgeable mortgage professional to ensure the credibility of your most important purchase. Up-To-Date On Credible Lenders A mortgage app can certainly provide many mortgage insights, but it's not … [Read more...]
What’s Ahead For Mortgage Rates This Week – October 24, 2016
Last week's economic releases included the National Association of Home Builders' Housing Market Index along with reports on housing starts, building permits and sales of previously owned homes. Weekly reports on new jobless claims and mortgage rates were also released. NAHB: Builder Sentiment Dips amid High Demand for Homes Home builder confidence in current housing market conditions dipped from September's index reading of 65 to 63. September's reading was the highest since the peak of the … [Read more...]
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