Best Days and times to Sell a Home Ever wish you knew the best time to sell in your market? A tool from HomeLight, a real estate referral company, wants to reveal sellers’ best chances for getting top dollar or the quickest sale. Nationwide, the best months to list a home is in the spring, …
Category: News
Aug 20
Mortgage Rates Ease again.
Mortgage Rates Ease again. Borrowers had slightly more relief with mortgage rates again this week. The 30-year fixed-rate mortgage rate dipped again, averaging 4.53 percent, Freddie Mac reports. “The stability in borrowing costs comes despite the highest core inflation rates since 2008 and turbulence in the currency markets,” says Sam Khater, Freddie Mac’s chief economist. …
Aug 17
Home Searches Are Stretching on
Home Searches Are Stretching on House hunters who are actively seeking a home to buy are spending significant amounts of time looking for that perfect space, according to a new poll by the National Association of Home Builders. More than half of prospective buyers surveyed in the second quarter said they’d been trying to find …
Aug 16
Consumers Getting a Credit Score Boost
Consumers Getting a Credit Score Boost An overhaul in how several major credit reporting agencies factor in negative credit information is prompting millions of consumers’ credit scores to rise. Collection events were struck from 8 million consumers’ credit reports in the 12 months ending in June. The New York Federal Reserve reported Tuesday that consumers …
Aug 15
Minimum Waiting periods for Derogatory Credit
Minimum Waiting periods for Derogatory Credit Minimum Waiting periods for Derogatory Credit
Aug 14
Equity Rich? How Does Your State Fare?
Equity Rich? How Does Your State Fare? One in four properties nationwide are “equity rich,” according to a new report released by real estate data firm ATTOM Data Solutions. To be considered as such, homeowners with financing must currently hold a mortgage that is 50 percent or less of the property’s estimated market value. As …
Aug 03
Fed Leaves Rates Alone But Hints at Future Hikes
Fed Leaves Rates Alone But Hints at Future Hikes The Federal Reserve decided Wednesday to hold off on raising its short-term interest rates. But it hinted that it likely will deliver its third interest rate increase of the year at its next meeting in late September. The Fed’s key rate does not have a direct …
Aug 02
Pennsylvania has one of the top 4 cities for home improvement loans
Pennsylvania has one of the top 4 cities for home improvement loans Pittsburgh Pennsylvania ranked #4 on the list of cities with the highest request and acceptances of home improvement loans by lenders. The report by lendingtree is a vital report to people looking to see what areas are upgrading their homes and making …
Jul 31
New Kitchens are what home buyers want most
New Kitchens are what home buyers want most New kitchens, in all white and some stainless are what the modern home owner is looking for. A home builder recently did a survey of new home buyers and white was fair and away the number one choice, followed by natural wood. The builder also asked …
Jul 30
Young America Push Home ownership higher
Young America Push Home ownership higher The U.S. home ownership rate posted another increase, reaching 64.3 percent in the second quarter, up a tenth of a percentage point from the first quarter, the Commerce Department reported this week. The rate has increased 0.6 percentage points over the past year. Younger Americans, specifically those under the …
Jul 27
Sales May Be in Trouble
Sales May Be in Trouble Sales of newly built single-family homes plunged to an eight-month low last month at a time when sales should be at their highest points of the year. New single-family home sales dropped 5.3 percent month-over-month in June to a seasonally adjusted annual rate of 631,000, the Commerce Department reported Wednesday. …
