Blog – Page 695 of 763

03 Mar 2014

What’s Ahead For Mortgage Rates This Week – March 3, 2014

Mortgage Rates

Last week's economic news was mixed, with new home sales increasing and weekly jobless claims higher than expected. Case-Shiller and FHFA home price reports reflected slower growth in home prices. Mortgage rates moved higher for the third consecutive week. Weakness in the jobs sector and harsh winter weather were seen as factors contributing to economic events, but sales of new homes jumped unexpectedly to their highest since 2008. Case-Shiller, FHFA Report Slower Growth for Home Prices The Case-Shiller composite home price index for December reported that home prices declined by 0.10 percent in December, which was the second consecutive monthly…

28 Feb 2014

By Mark Feder

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How To Make Your Home Look More Luxurious On A Budget

Around The Home

Have you been looking through home décor magazines and gazing with wonder at the gorgeous homes inside? Do you want to add a touch of elegance and luxury to your home, but you are on a tight budget? No need to worry, there are many ways that you can make your home look like a million bucks, without actually having to spend a fortune. Luxury Home Decor Ideas Here are a few great ideas that don't have to cost a lot, they just require a little bit of planning and some elbow grease and they will take your home…

27 Feb 2014

By Mark Feder

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Case Shiller Price Index Shows That It’s A Buyers Market

Housing Analysis

Two major indicators of home price trends showed a slowing momentum for home prices in December. The S&P Case Shiller 10 and 20 city indices reported that of 20 cities tracked, home prices were lower in December than for November. Case-Shiller's seasonally adjusted month-to month reading showed that home prices rose by 0.8 percent as compared to 0.90 percent in November. David Blitzer, chairman of the index committee at S&P Dow Jones Indices, said that "Gains are slowing from month-to-month and the strongest part of home price recovery may be over." He also noted that seasonally adjusted data was showing…

26 Feb 2014

By Mark Feder

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How Can I Get A Cash-Out Refinance Using An FHA Loan?

Home Mortgage Tips

While homeowners typically equate the FHA loan program with low-down payment mortgages, FHA refinances are also available. In addition to easy-to-source rate-and-term and streamline refinances that replace an existing FHA mortgage with a better one, the FHA even offers cash-out refinance loans. A cash-out FHA loan refinance allows the borrower to take out up to 85 percent of the value of his property. In today's market, the ability to pull out 85 percent of a home's equity is attractive, but not as generous as a 96.5 percent FHA purchase mortgage. Nevertheless, while the borrower doesn't get the high leverage of…