What’s Ahead For Mortgage Rates This Week – May 6th, 2019
Last week's economic news brought good news to U.S. consumers on several fronts. Mortgage rates fell and national unemployment fell to its lowest rate in 50 years. Inflation slowed and the Federal Reserve held its target federal funds rate steady.
Understanding the Factors That Impact Your Credit Score
Most consumers believe if they pay their bills on time, they need not worry about their credit score. Oftentimes, it is a rude awakening when they apply for a mortgage loan, car loan, or any revolving credit to learn they are not going to get the lowest rates available due to their credit score. This is because paying bills on time only accounts for 35 percent of your credit score. The remaining 65 percent is spread out among other factors that impact your credit score.
FOMC Statement: No Changes to Key Fed Rate
The meeting of the Federal Reserve's Federal Open Market Committee ended Wednesday with the Committee's customary post-meeting statement recapping monetary policy matters considered by the Committee. Members voted not to change the current target rate range of the federal funds rate. The current rate range of 2.25 percent to 2.50 percent.
Inexpensive Curb Appeal Tips That Work
No doubt you've been told that curb appeal will help sell your home. But if money is short you'll need to do some curb appeal on a budget tricks.
Redevelopment Opportunities Abound
Houses for a dollar. Millions (perhaps billions) in tax incentives. Reclaiming contaminated land. Partnering with Walmart to build town centers. What do all of these things have in common? They are examples of exciting redevelopment opportunities in different parts of America.
What’s Ahead For Mortgage Rates This Week – April 29th, 2019
Last week's economic reporting included readings on sales of new and pre-owned homes; weekly reports on mortgage rates and new jobless claims were also released along with a report on consumer sentiment.
Pros And Cons Of Buying A Foreclosure
When a homeowner stops making regular mortgage payments, the bank can foreclose on the property. This means that the bank takes possession of the property in an attempt to recover the debt the homeowner owes. In some cases, the bank may try to recover this debt by selling the property at auction. In other cases, the bank will simply list the foreclosed home for sale.
The Economics Of Going Green For Home Sales
Earth Day is celebrated each year in April to remind us all of the benefits of ecologically-sound living that is more in harmony with Mother Earth. There is quite a bit of positive news when it comes to going "green." There are significant benefits for home sales.
4 Ways To Get Your Home Loan Closed Faster
You've finally found the perfect home for your family. Now the only thing standing between you and domestic bliss is the loan process. Use these techniques to shorten the amount of time between placing your bid and getting the final approval on your new home mortgage.
4 Ways To Pay Off My Mortgage Faster
For most people, the mortgage payment is the biggest monthly expense. Whether you're facing retirement or still working, it would be nice to be free of this debt. Although you probably can't pay it off in one lump sum, it is possible to pay off your mortgage sooner than expected.
What’s Ahead For Mortgage Rates This Week – April 22nd, 2019
Last week's economic news included readings on home builder confidence in housing market conditions and Commerce Department reports on housing starts and building permits issued. Weekly readings on mortgage ratees and first-time jobless claims were also released.
Home Maintenance Tips: How to Organize Your Garage
Perhaps you plan to sell your home in the next few months or years. Keeping your garage organized can save time and ensure that you have storage space when you need it most.