Blog – Page 707 of 768

21 Jan 2014

Fannie Mae And Freddie Mac, How They Impact Real Estate

Mortgage Tips

Fannie Mae and Freddie Mac have been in the news quite a bit over the past few years, so it's a good time to do a refresher on who they are and what role they play in the real estate market. Who Are Fannie Mae And Freddie Mac? Fannie Mae is the Federal National Mortgage Association. Freddie Mac is the Federal Home Loan Mortgage Corporation. They were originally created to raise homeownership levels and increase the availability of affordable housing. Fannie and Freddie don't sell mortgages directly to homeowners. They buy mortgages from lenders, so the lenders can use the…

20 Jan 2014

By Mark Feder

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What’s Ahead For Mortgage Rates This Week – January 20, 2014

Mortgage Rates

Welcome news arrived last week as lower mortgage rates and a higher number of housing starts were reported. Other economic news was mixed: The Federal Reserve released its Beige Book Report released last Tuesday indicated modest economic growth throughout the 12 Federal Reserve districts. Analysts predicted that this would cause the Fed to further reduce the volume of monthly asset purchases made under its quantitative easing program. The Atlanta, Cleveland and Kansas City districts reported slower home sales, which supported recent expectations of slowing gains in home prices. Mortgage Rates Dip, Housing Starts Up According to Freddie Mac, average mortgage…

17 Jan 2014

By Mark Feder

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The Simplest Ways To Lower Your Home Heating Bill This Winter

Around The Home

When the holiday season starts and the winter chill comes around, the heating bill at your property will naturally increase as you keep yourself warm and cosy. However, if your home is not being heated efficiently, you are essentially letting your hard earned dollars escape into the air as wasted energy. What are some simple and inexpensive ways that you can cut down your heating expenses this winter and save yourself some money? Only Heat The Rooms You Are Using If you work from home and are spending eight hours of the day sitting in your home office, there is…

16 Jan 2014

By Mark Feder

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Pros And Cons Of Adjustable Rate Mortgages

Mortgage Tips

When you are in the market for a new home, you may be faced with numerous options for financing your home. One of the choices you will have to make is whether to apply for a fixed or adjustable rate mortgage. In some cases, an adjustable rate mortgage may be your best option, but keep in mind, they are not the answer for everyone. Adjustable rate mortgages can be risky for some borrowers and it's important to understand both the pros and cons. When To Consider An Adjustable Rate Mortgage Perhaps one of the best things about ARMs is they…