Home Loans


Home Price Appreciation Continues

The Case-Shiller Index increased 0.19% month-over-month and 10.8% year-over-year. Home prices have increased the most in cities like Phoenix, Detroit, and San Francisco. There hasn't been much growth in most Northeast, where judges must approve foreclosure. Image via Twitter/ShillerFeeds Continue to original source More

How To Get The Best Home Loan Rates

Borrower advice website LoanLove.com has released a guide on getting a down payment on a home. Potential home owners are given advice on the requirements necessary for getting a down payments and factors that can affect rates. Image by Cameronnovak via Wikimedia Commons. Continue to original source More

credit-moves-affect-mortgage

Credit Moves That Could Affect Your Mortgage

When getting a mortgage, credit can be a major concern, and there are a few key factors that could make or break your mortgage. While in approval stages, there are red flags that could have an impact on your mortgage. For instance, if your mortgage is in its final stages, it is not a good idea to apply for other credit, dispute a ... More

Mortgage Applications Rise 10%

MBA Applications have jumped 10% after falling 3% the week before. This could indicate that the selling season is beginning after a late start. Image by Andrew Jameson via Wikimedia Commons. Continue to original source More

Housing Slump in China Dragging Down Economic Growth

Lending and sales curbs imposed by the government in China has significantly slowed down the real estate market. Realestate agents, who were extremely busy just 6 months ago, are no longer making sales. "There are no buyers," said Feng, 24. "We take three days off a week. We go out for barbecue and play poker." Some analysts fear that ... More

Downtown Homes Increasingly Expensive

Homes in and around cities are very attractive; especially to those who work in the city. The commute is shorter, and it puts one closer to the culture of the city. The cost of land in cities has increased by 20.5%, making homes extremely difficult to afford. Image by Kinkisharyo via Wikimedia Commons. Continue to original source More

San Francisco Is Most Expensive City In U.S. For Home Buyers

According to a report released by HSH, San Francisco is the most expensive city in the United States for home buyers. San Francisco homes have a median home price of $679,000 with median monthly payments of $3,199.69. The report calculates that a person would need to make at least $137,129.55 per year to live in San Francisco. Second on ... More

Household Debt Continues Increase

According to a survey done by the Federal Reserve Bank of New York, American household debt has increased for the third straight quarter. The report on household debt and credit revealed that mortgages have dropped to the lowest level since last year. Image by Beyond My Ken via Wikimedia Commons. Continue to original source More