I like to write my blog with a positive outlook because that is my outlook on life. But the real estate market has changed and I have to talk about some unavoidable, negative-sounding things out there. This week I want to explain how to navigate a bank-owned purchase. 1. Research the prope
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09/27/2011
Mortgage rates hit record lows this week, reflecting continued market and U.S. employment concerns, Freddie Mac's chief economist said Thursday. Rates on 30-year fixed-rate mortgages averaged 4.12% for the week ending Sept. 8, down from 4.22% last week and 4.35% a year ago. The mortgage's previou
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09/12/2011
Many factors make this a great time to invest. Mortgage rates are at a 40-year low, and homes in many areas are ultra-cheap. Meanwhile, demand for rentals has risen in more than 500 cities, according to recent Census data. That, in turn, has enabled landlords to charge more. You'll need that re
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09/05/2011