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What’s Ahead For Mortgage Rates This Week – February 03, 2014

Last week brought mixed news; while the Department of Commerce reported a dip in new home sales, mortgage rates also fell. The Federal Reserve's FOMC statement revealed that quantitative easing would be further reduced by an additional $10 billion monthly. New Home Sales: Y-O-Y Reading Best Since 2008 December's reading of 414,000 for new home sales fell short of November's revised reading of 445,000 new homes sold as well as expected sales of $455,000. The consensus figure was based on November's original sales reading of 464,000 new homes sold. The inventory of new homes available rose from last month's level…
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3 Tips To Get The Most Out Of Your Plumbing

Everyone wants their pipes to last as long as possible, but there are a couple of simple problems that might be sucking the life out of your plumbing. Long-term stress is the enemy when it comes to your water system. The three most common enemies are high water pressure, mineral-laden hard water, and grease. Avoid these three mistakes, and your water system will last years longer. Take The Pressure Off Your Pipes You might enjoy high water pressure when you're taking a shower, but your pipes aren't enjoying it at all. Over time, this high pressure stresses your plumbing system…
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Case Shiller Price Index Shows Homeowners A Rise In Home Equity

According to the S&P/Case-Shiller 10 and 20-City Home Price Indices released Tuesday, the U.S. Housing Market is on a roll based on year-over-year increases in average home values, but month-to-month results were mixed. The 10 and 20-City Home Price Indices showed year-over-year growth of 13.80 and 13.70 percent respectively. Highlights Include: Dallas, Texas posted its highest rate of annual growth since 2000. Chicago's average home price rose by 11.00 percent, its highest annual gain since December 1988. The 10 and 20-City Indices posted their best November home prices since 2005. Top year-over-year gains in home prices included Las Vegas, Nevada…
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What’s Your Home’s Real Value?

As a society, it seems like we've gotten away from appreciating our homes for their emotional and sentimental worth. Instead, we focus solely on their monetary value.  An Appraiser Can Estimate A Home's Monetary Value, But To Gain A True Concept Of Your Home's Worth, You Must Also Take Into Consideration: Pride Of Ownership. You don't buy a pair of Prada shoes because you're going to be able to resell them and make a profit. You buy them because they make you look good and feel good. Security And Stability.  Your home provides a roof over your head that's in…
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