When you visit your lender to get a mortgage for your home, they will tell you the maximum amount that you are allowed to borrow. But how do they reach this total and what factors do they take into consideration? How do they determine that one … [Continue reading]
What’s Ahead For Mortgage Rates This Week – March 10, 2014
Last week's economic news included construction spending and the CoreLogic Home Price Index for January. Reports for February included ADP Employment, Non-Farm Payrolls and national unemployment data. The Federal Reserve's Beige Book report and … [Continue reading]
Don’t Make These Mistakes When You Want To Get A Home Loan
Getting a home loan can be a challenging process, and a finicky one. Qualifying can be challenging and once a buyer gets approved, it can be surprisingly easy to derail the process. Here are some mistakes to be avoided: Not Pre-Checking Credit Once a … [Continue reading]
How To Add Color To Your Home Decor Without Going Overboard
There is a fine line between adding color to your home décor and using too much color, so that you feel like you are living inside a rainbow. A little bit of color will add a lot of fun and interest to your home design, but too much color can … [Continue reading]
Highest Year-Over-Year Increase In Home Prices Since 2005
Two major indicators of home price trends showed a slowing momentum for home prices in December. The S&P Case Shiller 10 and 20 city indices reported that of 20 cities tracked, home prices were lower in December than for November. … [Continue reading]
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