Last week's economic reports included reports on new and existing home sales and FHFA's monthly home price index for properties associated with Fannie Mae and Freddie Mac mortgages. The details: New Home Sales Surge, Existing Home Sales Drop … [Continue reading]
Spring DIY Projects: How to Build a Treehouse That the Kids Will Love
If you have children, no home is complete without a treehouse. Besides the fact that treehouses provide kids with hours of entertainment, they can also confer ancillary benefits that are hard to quantify. For starters, treehouses can improve property … [Continue reading]
3 Reasons Why Your Mortgage Lender Might Ask for Your Tax Returns – And Why You Should Provide Them
After you have completed the initial loan application and have signed the preliminary loan disclosures, your mortgage loan application will generally receive a preliminary prequalification. This prequalification will be based in large part on your … [Continue reading]
FHFA: Home Prices Rise 0.30 Percent in January
The Federal Housing Finance Agency (FHFA) reported that home prices rose by a seasonally-adjusted rate of 0.30 percent in January, and were 5.10 percent higher as compared to home prices in January 2014. FHFA oversees Fannie Mae and Freddie Mac and … [Continue reading]
Considering a Reverse Mortgage Loan? Here’s What You Need to Know
Many seniors are looking for a great way to improve their financial situation. Retirement or semi-retirement can be difficult due to the need to live on a fixed income. Some may have been unable to save enough in their working years, or their … [Continue reading]
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