Mortgage rates drop as good news continues

By | General

The current state of the world economy finds Americans increasingly on the desirable side of the haves and have-nots. With consumer sentiment and market indices steadily rising while mortgage rates drop, it is hard not to feel good about the present state of the U.S. economy. As this Reuters graphic shows, the rate for a 30-year, fixed… Continued

January 26, 2015

Thinking of buying a foreclosed home? It’s not your typical home sale, so do the footwork first to find a deal. Here’s what you need to know

By | General

You’ve probably seen the stories and ads—foreclosed houses and condos selling for pennies on the dollar—and there’s no question banks are willing to sell their REOs (real estate owned properties) at sizable discounts. But foreclosures almost always come with complications that smart shoppers need to know about in advance. Here’s what you need to know… Continued

January 15, 2015

Report: President to Announce Reduction in FHA Premiums

By | General

Updated to include additional comments and confirmation. President Barack Obama will announce this week a reduction to Federal Housing Administration (FHA) mortgage insurance premiums, according to media reports. Bloomberg reported Wednesday that FHA will cut its mortgage insurance premiums to 0.85 percent, a 0.5 percentage point reduction. Obama is expected to make the announcement on… Continued

January 7, 2015

The Warm and Cozy Home

By | General

We’ve got more than 9 mood-lifting ideas to make your home more welcoming and efficient this winter. Return to The Warm & Cozy Home Guide The dark days of winter can really do a number on your well-being. Shorter days trigger the blahs; freezing temps spark the sniffles. So we put together a list of… Continued

November 20, 2014