Last week's economic news included several housing related reports. Housing markets continue to cool as November reports on existing and new home sales fell below expectations. New Jobless claims were lower than expected by 10,000 claims. The … [Continue reading]
Existing Home Sales Dip to Lowest Level since May
The National Association of Realtors® reported that sales of existing homes dropped to a seasonally-adjusted annual rate of 4.93 million as compared to expectations of a 5.18 million existing homes sold. Projections were based on October's … [Continue reading]
Are You Applying for a Reverse Mortgage? Here Are 3 Considerations You’ll Need to Make
If you're a homeowner who is looking to tap in to the home equity that you've spent years building you may be interested in a "reverse mortgage" or "home equity conversion mortgage". While these unique financial tools aren't for everyone, if you … [Continue reading]
What’s Ahead For Mortgage Rates This Week – December 22, 2014
Last week's scheduled economic events were few but informative. Housing related reports included the National Association of Home Builders/Wells Fargo Housing Market Index for December, which stayed close to a nine-year high reading of 59 in … [Continue reading]
Don’t Be That Guy or Gal: 3 Easy Ways to Ruin Your Relationship with Your Real Estate Agent
Are you thinking about buying or selling a home? If you don't know a real estate agent or have a referral to one, you may end up working with someone unfamiliar who you will need to build a relationship with. Of course, as with any relationship … [Continue reading]
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