Featured Blog Posts
Interesting History on Home Prices in the U.S.
Here’s an interesting chart from the U.S. Census Bureau website about the average price of a home in the U.S. Take a look at how fast homes shot up from 2000 – 2007: over $100,000! Period Average 1963 $19,300 1964 $20,500 1965 $21,500 1966 $23,300 1967 …
10 Ways to Winterize Your Home
So you’ve pulled your sweaters out and found your mittens at the bottom of the coat closet. But what about your house — is it prepared for the cold months ahead? You’ll be a lot less comfortable in the coming months if you haven’t girded Home Sweet Home for Old Man Winter. With the help of …
Geithner: Details of refinance help ‘in weeks’
WASHINGTON (MarketWatch) – The Obama administration will be provide in the next few weeks some details about a series of proposals to help “a meaningful” number of homeowners participate in a government program that provides refinancing to current low interest rates for so called “underwater” borrowers who owe more than their homes are worth, Treasury …
Americans Still Believe in Homeownership – Fannie Mae Survey
Despite Americans’ pessimistic attitudes about the economy, 69 percent of the Americans surveyed in Fannie Mae’s Monthly National Housing Survey believed that it is still a good time to buy a home. It was the fourth time in the last year that 69 percent or more of the respondents felt that way. However, that positive …
Homeowner Tips for the Fall
When the leaves start to change and the weather gets cooler it’s time to evaluate your home to help prevent winter damage. A common missed item in your home, believe it or not, is your lint trap. Not properly cleaning out your lint trap in your dryer can cause a fire. Also it’s a good idea, …
Good News for Military Vets
Effective October 1, 2011, the costs associated with getting a VA mortgage are going DOWN! An overview: VA mortgages are bundled, securitized and sold in the secondary market with the backing of the Federal Government. In order to insure these mortgages, the government charges a type of insurance premium, called a VA Funding Fee, which …
13,780 Homes Sold Yesterday
To all those who have declared the real estate market dead, we want you to know that over 13,780 houses sold yesterday, 13,780 will sell today and 13,780 will sell tomorrow. That is the average number of homes that sell each and every day in this country according to the National Association of Realtors’ (NAR) …
5 Reasons for a Mortgage Refinance Other Than Lowering Your Payment
Naturally, if you’re paying 6% for your mortgage and you can refinance at 5%, you’re gonna do it. Although cutting your monthly payment remains an important motive, there are at least five other reasons to consider a mortgage refinance, for long-term savings and convenience. 1. Change your mortgage term If you decrease the term of …
