What’s Ahead For Mortgage Rates This Week-September 30, 2013

Last week brought a variety of housing related news. Highlights included the S&P/Case-Shiller Home Price Index for July, which showed a 12.40 percent year-over-year increase in national home prices. This was up from 12.10 percent in June. The FHFA Housing Price Index reading traces home prices on properties securing mortgages...

Before And After Tips When Dealing With A Disaster

Weather patterns across the United States seem to be getting more and more erratic. From tornadoes and earthquakes to flash floods and wild fires, there are many natural disasters that can quickly consume your home without warning. Because you never know when disaster might strike, it’s best to be prepared....

Case Shiller Price Index Shows An Annual Growth Rate Of Home Prices

Home prices were still gaining in July, but for 15 of 20 cities included the S&P Case-Shiller 10 and 20-city Home Price Indices, the pace of increasing home prices is slowing down. National home prices rose by 1.80 percent in July as compared to 2.20 percent in June. Home prices...

Highest Existing Home Sales Since February 2007

Sales of existing homes reached their highest volume in almost six years in August. The National Association of REALTORS reported Thursday that sales of existing homes rose 1.70 percent in August to a seasonally-adjusted annual rate of 5.48 million existing homes sold. This was the highest number of existing home...

What’s Ahead For Mortgage Rates This Week — September 23, 2013

Last week's economic news was dominated by the Federal Reserve's decision not to taper its $85 billion in monthly securities purchases. Fed Chairman Ben Bernanke noted in a scheduled statement after the Federal Open Market Committee meeting that economic conditions were not yet adequately improved to withstand any decrease in...

Home Builder Confidence Has Far Outpaced Actual Home Construction

Home builder confidence was unchanged for September according to the National Association of Home Builders/Wells Fargo Housing Market Index HMI released Tuesday. After four months of rising confidence, September's HMI reading came in at 58, which was not far from expectations of a reading of 59. August's reading of 58...

Don’t Overlook These Important Factors When Buying A New Home

Most of the time when buying a property, there are a few obvious factors that you will consider – such as the location, the number of bedrooms, the accessibility to schools or your workplace, the need for repairs and any interior features. However, there are a few things that might...