For the 23nd straight month, the Pending Home Sales Index bested its benchmark reading of 100. It’s no wonder home prices continue to rise nationwide. Continue reading
Archive | Mortgage
RSS feed for this sectionZero-Down USDA Home Loans vs FHA vs Conventional 97
How do USDA loan costs compare to other loan types? It turns out these loans are some of the most affordable mortgages in the market today. Continue reading
The Affordability Of Your Favorite 80s And 90s TV Homes
Sitcoms of the 80s and 90s tried to portray realism, but that didn’t stop producers from putting their characters in homes they couldn’t afford. Continue reading
Young Buyers Take A “Job-Centric” Approach To Home Buying
Young adults are shopping for homes where they are likely to find a job as well. Low mortgage rates make it easier to afford homes in employment-rich areas. Continue reading
With Lenders Approving More Loans, All-Cash Home Sales Drop
Cash home sales are falling on low rates and loosening mortgage guidelines. High-asset buyers are once again considering a mortgage. Continue reading
Could TV Characters Actually Afford Their Fictional Homes?
Hollywood often overestimates how much home its characters can afford. Find out which characters would qualify for a mortgage on their fictional home. Continue reading
How To Plan For Homeowner Costs You Didn’t Have As A Renter
You can estimate the additional costs of owning a home and budget accordingly to ensure an enjoyable homeownership experience. Continue reading
Zooey Deschanel’s $36k-Per-Month “Affordable” Mortgage
The actress and singer could easily afford the mortgage on her $4.5 million property, if she opted to finance it at all. Continue reading
Federal Reserve Gives Support To Low Mortgage Rates, Wants More Inflation
The Federal Reserve eased its forward guidance and held the Fed Funds Rate near 0.25% after its April 2016 meeting. Mortgage rates are dropping. Continue reading
Case-Shiller Index: Typical U.S. Home Price Rises 36.3% Since 2012
Case-Shiller Index reports home values up more than 36% since 2012. How valid is the data, though? Portland and Seattle lead the pack. Chicago and Washington, D.C. lag. Continue reading