Generally when you are purchasing a home, you are buying below the appraised value and you are making a down payment. The good news is this means you have "instant equity" in your home. For some homeowners, this means may be considering taking … [Continue reading]
Overpay On Your Mortgage Or Add To Your Savings, This Is The Question
So you find yourself with a little bit of extra money – perhaps due to a raise, an inheritance or an unexpected windfall? Should you put all of your money toward paying down the mortgage on your home? Or would you be better off placing your … [Continue reading]
FOMC Statement Shows Tapering Of Quantitative Easing Purchases
According to a statement provided by the Federal Open Market Committee of the Federal Reserve, the committee has approved another reduction of the Fed's monthly asset purchases. The adjustment will be made in February and cuts monthly purchases of … [Continue reading]
What’s Ahead For Mortgage Rates This Week – February 03, 2014
Last week brought mixed news; while the Department of Commerce reported a dip in new home sales, mortgage rates also fell. The Federal Reserve's FOMC statement revealed that quantitative easing would be further reduced by an additional $10 billion … [Continue reading]
3 Tips To Get The Most Out Of Your Plumbing
Everyone wants their pipes to last as long as possible, but there are a couple of simple problems that might be sucking the life out of your plumbing. Long-term stress is the enemy when it comes to your water system. The three most common enemies are … [Continue reading]
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