31 Mar 2014
By Mark Feder

What’s Ahead For Mortgage Rates This Week – March 31, 2014

Uncategorized
Last week's economic news includes several reports about housing markets. The S&P Case-Shiller 10 and 20 city housing market indices, the FHFA House Price Index, New Home Sales and Pending Home sales reports suggest that the national housing market continues to grow, but at lower rates. Regional readings varied and suggested that winter weather was a negative influence on affected markets. In a press conference held on March 19 Federal Reserve Chair Janet Yellen said that severe winter weather had interfered with the Fed's ability to get a clear reading on economic developments. The Case-Shiller 10 and 20-City Home Price…
Read More
28 Mar 2014
By Mark Feder

Get Your Lawn Ready For Spring

Uncategorized
If you live in a climate where your yard has been hibernating for months, then you're probably ready for warmer weather and a hint of green outside your kitchen window. So, in preparation for children running on lush grass through spritzing sprinklers, use the five tips below to get your lawn ready for spring. It will reward you with picnic perfect grass all summer long. 1. Clean Up Winter's Clutter Take a rake and remove all of the dead leaves and debris left over from the winter months. Leaving a layer of last-year's foliage on the ground can smother your…
Read More
27 Mar 2014
By Mark Feder

S & P Case-Shiller Shows Home Prices Down For Third Consecutive Month

Uncategorized
Harsh winter weather conditions contributed to home prices falling in January. The S&P Case-Shiller 20-City composite index reported that home prices dropped by 0.10 percent in January, but after seasonal adjustments, home prices increased by 0.80 percent in January as compared to December. 12 of 20 cities posted declines in home prices in January. There's no cause for alarm, as year-over-year home prices increased by 13.20 percent as compared to year-over –year readings of 13.40 percent in December and 13.70 percent in November. David Blitzer, chair of the S&P Dow Jones index committee, said "The housing market is showing signs…
Read More
26 Mar 2014
By Mark Feder

BUSTED: 4 Myths About Buying Your Home That Just Aren’t True

Uncategorized
It can be pretty intimidating to dip your toes into the realm of home ownership, especially if you're a first-time homebuyer. To make things worse, there are a number of myths floating around out there surrounding the home buying process. Such misconceptions have many kept many would-be homeowners from realizing the personal and financial rewards of owning a property. To clear things up, here are 4 myths about buying your first home that simply aren't true. Myth #1 - "It's Cheaper To Rent Instead Of Own" If you buy a property that is within your budget and your mortgage terms allow…
Read More