You Ask, We Answer: What is Private Mortgage Insurance or ‘PMI’ and How Does It Work? For many homeowners, their mortgage payment contains more than just principal and interest. A little something called PMI could be representing a significant portion of that payment, and it’s important for home ...

12/29/2014

What’s Ahead For Mortgage Rates This Week – December 29, 2014

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What’s Ahead For Mortgage Rates This Week – December 29, 2014 Last week’s economic news included several housing related reports. Housing markets continue to cool as November reports on existing and new home sales fell below expectations. New Jobless claims were lower than expected by 10,000 clai...

12/28/2014

Don’t Be That Guy or Gal: 3 Easy Ways to Ruin Your Relationship with Your Real Estate Agent

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Don’t Be That Guy or Gal: 3 Easy Ways to Ruin Your Relationship with Your Real Estate Agent Are you thinking about buying or selling a home? If you don’t know a real estate agent or have a referral to one, you may end up working with someone unfamiliar who you will need to build a relationship wi...

12/19/2014

FOMC Statement: No Year-End Surprises

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FOMC Statement: No Year-End Surprises The Federal Open Market Committee (FOMC) said in its last statement for 2014 that although economic conditions have improved at a moderate pace, the Fed believes that the target federal funds rate of between 0.00 and 0.25 percent remains “appropriate.” While ...

12/17/2014

Be Prepared for Your Mortgage Pre-approval Interview by Having Answers to These 4 Questions

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Be Prepared for Your Mortgage Pre-approval Interview by Having Answers to These 4 Questions So – you’ve completed an initial mortgage pre-qualification and now you’re ready to take the next step and meet with your lender or mortgage advisor for the pre-approval interview. Are you ready? At this s...

12/16/2014

Home Builder Index Stays Near Nine Year Peak

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Home Builder Index Stays Near Nine Year Peak Home Builder Sentiment slipped to a reading of 57 in December according to the National Association of Home Builders Housing Market Index. November’s reading of 58 prompted analysts to project a reading of 59 for December. The latest reading marks the ...

12/15/2014

What’s Ahead For Mortgage Rates This Week – December 15, 2014

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What’s Ahead For Mortgage Rates This Week – December 15, 2014 Although there were few scheduled economic events related to mortgages and housing, last week brought an article about housing projections for 2015. Other news included increased job openings along with lower than expected jobless clai...

12/14/2014

Three Hot Renovations That Will Boost Your Home’s Value Without Breaking the Bank

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Three Hot Renovations That Will Boost Your Home’s Value Without Breaking the Bank Are you feeling the “renovation itch” or perhaps looking for a fun project that you can take on which will provide you with a return on your investment? There are numerous home upgrades and renovations that can add ...

12/12/2014

First Time Buyers: Understanding How Property Taxes Work and What You Can Expect to Pay

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First Time Buyers: Understanding How Property Taxes Work and What You Can Expect to Pay Are you about to buy a house or condo for the first time? Congratulations! Owning your own piece of real estate is a liberating experience and one that will provide you with the foundation to build your person...

12/10/2014

Trying to Save on Your Closing Costs? Here Are Three Tips That Can Help Lower Them

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Trying to Save on Your Closing Costs? Here Are Three Tips That Can Help Lower Them Whether you’re about to close on a lovely new house for your growing family or a stylish beachfront condo so you can retire close to the ocean, one thing is certain: you’re going to face a variety of closing costs....

12/10/2014

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