SEPTEMBER HOME SALES HEAT UP

SEPTEMBER HOME SALES HEAT UP

The National Association of REALTORS® reported that after two straight monthly declines, Existing Home Sales jumped 3.2 percent from August to September. First-time buyers claimed a 34 percent share of home purchases, a high not seen in over four years. … Continue reading

YOUR WINDOW OF OPPORTUNITY IS OPEN

YOUR WINDOW OF OPPORTUNITY IS OPEN

If you’ve been thinking about refinancing or buying a home, now may be the time to move on it. Rising home prices are being offset by home loan rates that remain near historic lows. Home Prices on the Up and … Continue reading

FALL ABUZZ WITH NEWS

FALL ABUZZ WITH NEWS

The housing sector kicked off the fall season on firm footing. Home prices rose 6.4 percent in September 2015 compared to September 2014, according to CoreLogic’s Home Price Index Report. Sales of existing homes rose 4.7 percent in September from … Continue reading

JOB UNCERTAINTY OUTWEIGHS ATTRACTIVE LOW RATES

JOB UNCERTAINTY OUTWEIGHS ATTRACTIVE LOW RATES

In early September, interest rates for U.S. home loans dropped to their lowest levels in over a year, according to Freddie Mac. Despite these rate decreases, less homebuyers got off the fence and into new homes. This carried over to … Continue reading

MOVING ON UP

MOVING ON UP

Timing is Everything…But Not in the Way You Think It’s a question every homebuyer faces: When’s the best time to purchase a home? To answer that question, you need to consider not only seasonal trends, but also where you’re at … Continue reading

WHAT IS MORTGAGE INSURANCE?

Mortgage insurance (MI) provides financial protection to Lenders and Investors in the event a homebuyer defaults on their mortgage.  Mortgage insurance does not provide mortgage life insurance which would pay off your mortgage in the event one were to be come … Continue reading