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How To Make Your Home Look More Luxurious On A Budget

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

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

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…
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Existing Home Sales Lowest Since 2012

Sales of existing homes fell by 5.10 percent in January according to the National Association of REALTORS. Pre-owned home sales slowed to a seasonally-adjusted annual rate of 4.62 million homes against an expected reading of 4.65 million and December's reading of 4.87 million existing homes sold. Rising home prices are reducing the number of affordable homes and a shrinking inventory of available homes were said to be underlying causes to January's slump in existing home sales. Severe winter weather also contributed to lower sales. January's reading was the lowest for existing home sales since July of 2012. The national inventory…
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