market updates: The Hard Numbers- The Harsh Reality of Renting
- 04/05/12 01:47 AM
The Hard Numbers- The Harsh Reality of Renting Buying a home vs. renting is a big decision that takes careful consideration, as most mortgage consultants will agree. But the rewards of home ownership are great. For many years, purchasing real estate has been considered an extremely profitable investment and in many cases today this still remains true. (Remember always buy low and sell high) It is an achievement that offers a sense of pride, financial stability and potential tax advantages.Yes, there are certain responsibilities associated with owning a home. Landlords will often argue the benefits of renting, and for obvious reason. … (4 comments)
market updates: Velocity of Money?
- 07/28/11 03:11 AM
There has been some talk on the Velocity of Money.... What is the velocity of money and how does it impact home loans rates? If you’ve been watching the economic news, you’ve probably noticed that market experts and traders have been keeping a close eye on the Commerce Department’s Personal Spending and Personal Income reports. Obviously, those reports provide insight into the health of our economy, but did you know they also influence home loan rates? That’s right, personal spending can actually influence the interest rates that are available when you purchase or refinance a home.Here's why. It has to do … (6 comments)
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The Hard Numbers- The Harsh Reality of Renting
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