The Federal Open Market Committee (FOMC) determined that current economic conditions warranted another $10 billion reduction in the Fed's asset purchases. Citing improvements in economic indicators including labor markets and national unemployment, … [Continue reading]
Should You Finance The Sale Of Your Home By Yourself?
You've decided to put your home up for sale. Now, how are you going to make the most money selling it and get it sold the fastest? Perhaps you should consider providing owner financing, also known as seller financing. Why Isn't The Buyer … [Continue reading]
What To Do When Your Real Estate Loan Is Declined
There are many reasons why a mortgage loan could be declined. It doesn't have to be the end of your real estate dreams. Here are a few things to consider if you've been turned down for a mortgage. Loan-To-Value Ratio The loan-to-value ratio (LTV) is … [Continue reading]
What’s Ahead For Mortgage Rates This Week – June 16, 2014
Last week's economic news was quiet in the housing sector, but retail sales and employment-related reports provided indications of less consumer spending and reduced consumer confidence. On Monday, James Bullard, St. Louis Fed President, commented … [Continue reading]
What Are The Closing Costs Of Real Estate?
You've found the perfect property and a great mortgage loan with the best interest rate you can find. What's next in the home buying experience? Signing the contracts and paying the closing costs. But what exactly are closing costs? Here Is A List Of … [Continue reading]
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