The first post-holiday week of 2014 brought mixed economic and housing-related news. CoreLogic reported via its Housing Market Index that November home prices grew by 11.80 percent year-over-year. This was just shy of October’s year-over-year … [Continue reading]
Build A Home Gym For Your New Year’s Resolution
While many people claim every January that they are going to exercise more, a lot of them give up after the first couple of months. It takes a great deal of effort to make it to the gym before work or have the energy to go afterward. So don’t … [Continue reading]
Dodd-Frank’s Latest Gift: The Qualified Mortgage Rule
The Dodd-Frank Wall Street Reform and Consumer Protection Act's latest provision - the Qualified Mortgage rule - is going to effect on January 10, 2014. While, like many of Dodd-Frank's other features, its ability to protect customers … [Continue reading]
3 Considerations When Making A Down Payment
One of the challenges you will face when deciding how much money to put down on your new home is whether to put down a larger down payment or to take a bit of money from your down payment and use it to pay "discount points" to lower your interest … [Continue reading]
Case Shiller Price Index Shows Highest Year-Over-Year Gains Since 2006
The Case-Shiller 10 and 20-City Home Price Indices for October were released on December 31. Although home prices in most cities continued to show year-over-year gains, the pace of home price appreciation is expected to slow in 2014. Year-over-year … [Continue reading]
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