The above infographic is a look at a Snapshot of Mortgages, Interest rates, FICO Scores, and Mortgage Credit Availability over the past couple of years since 2013. You can see rates initially started fairly low in January of 2013, around 3.25%, but then rose fairly quickly throughout the course of 2013 to around 4.6%, then retracted a little in 2014, but were still nearly .75 of a point higher than at the beggining of 2013. But as you can see, experts are projecting rates to rise to over 5% by the end of 2015. We have … (0 comments)
buying a home: The President to Bypass Congress on Mortgages
- 10/26/11 04:59 PM
The President to Bypass Congress on Mortgages With recovery in the housing market tied to economic recovery, Mr. Obama will today announce what senior officials are calling a "major overhaul" of the government's underused refinance program for federally guaranteed mortgages, in order to aid homeowners having difficult refinancing their housing loan.
White House correspondent Norah O’Donnell reports that for homeowners who are underwater and have been paying their bills but couldn’t refinance and take advantage of the lower interest rates, now will be able to do so because these executive branch actions taken by the President will remove many of … (5 comments)
buying a home: VA Home Loans - Requirements to use a power of attorney
- 05/11/11 10:29 AM
To all my blog readers and subscribers, I always try to bring to you things of value and substance whether or not it came from me or another colleague in the real estate industry. This is another one of those instances, I thought this particular article by Nevin Wiliams, a VA Mortgage specialist out of California would be appropriate information to pass on considering the number of veterans in and around the Dallas/Fort Worth Metroplex and especially Northeast Tarrant County Real Estate area. Additionally, because my wife proudly serves in the United States Air Force and I come in contact with … (0 comments)
buying a home: When Preparing Your Home For Sale - Aim for a Cohesive Look
- 05/11/11 09:32 AM
To all my blog readers and subscribers, I always try to bring to you things of value and substance whether or not it came from me or another colleague in the real estate industry. This is another one of those instances, Kathy Nielsen, a Professional Home Stager out of the Atlanta, Georgia area has some great and practical advise that I think anyone who owns a home and is considering selling your home or potential home buyers who are considering purchasing a home would benefit from. To your success, John Hrisco of John Hrisco and Associates When Preparing Your Home For Sale - … (2 comments)
buying a home: Existing-Home Sales Rise in March
- 04/21/11 08:43 PM
According to the National Association of Realtors, existing-home sales rose in March, continuing an uneven recovery that began after home sales bottomed out last July. Existing-home sales, which are completed transactions that include single-family homes, condominiums, townhomes, and co-ops increased a little over 3% in March compared to February, but are around 6% below the pace in March 2010. Sales last year were at elevated levels due to the home buyer tax credit. NAR Chief economist, Lawrence Yun, expects the improving home sales pattern to continue. In six of the last eight months, existing-home sales have risen. Mr. Yun stated … (6 comments)
buying a home: NAR Chief Economist discusses Existing Home Sales
- 03/10/11 11:09 AM
NAR Chief Economist Lawrence Yun discusses existing home sales: Listen now Exisitng Home sales have rising in the last 6 months, even with out the home buyer tax credits, The bargain basement prices are in most cases to good to pass up. Another reason is that apartment rents have been increasing as well. Also sales of home priced over a 1 Million or more are outpacing the sales of homes at lower price points. Some concerns going forward, the economy is not a straightforward path. Because of oil prices, gasoline, etc….are making everyone concerned, Because of this, the spring boom or … (2 comments)
Southern Denton and Tarrant County Texas Real Estate Blog By Hrisco & Associates. As an Roanoke, Texas REALTOR; Northeast Tarrant County & Southern Denton County Real Estate Expert, I am proud to say that I live here, work here, and play here! My blog will feature real estate information, market activity specific to: Argyle, Keller, Fort Worth, Southlake, Westlake, Grapevine, Haslet, Colleyville, North Richland Hills, Roanoke, Trophy Club and surrounding cities. Whether you are a local buyer, seller, renter, investor, resident or fellow agent, I hope that this blog will provide insight as to what makes Roanoke, Argyle, Ft.Worth, Keller and Northeast Tarrant and Southern Denton County such a unique place to live!
Our sole goal is to bring you the most up-to-date information in regards to the Real Estate Marketplace and how it may effect you. Moving forward, we will only post information that we feel is relevant to the real estate industry and how it effects the consumers in general as well as information about the communities we serve. We sincerely hope that when it comes time for you to be in need of Real Estate services that you give us a chance to be of service to you. Let us put our 18+ years of experience in real estate here in the Metroplex to work for you.
A Snapshot of Mortgages
;)
;)
;)
