The year-end holiday season is a good time for gift-exchanging, entertaining and general merriment. But what about buying a house? Should you try to do that in November or December, too?
CHARLESTON — Though he’s a fan, Justin Easter never played competitive baseball. His wife Sarah helped him practice for the 60-foot, 6-inch throw he got to make.
Mortgage rates were lower yet again, making for an astonishing 10th consecutive day without rates moving higher. In the 13 days of rate sheets since the September 6th jobs report, rates have only risen once. After only being able to claim 6-week lows yesterday, today’s rate sheets are the best in at least 2 months (very close to 3 months). Conforming, 30yr Fixed rates are now down to 4.375% for most efficient combination of closing costs and rate though several lenders have attractive buydowns to 4.25%. ..Read more
Thanks to a sharp increase in home prices last quarter, 2.5 million more mortgage borrowers no longer owe more on their homes than they are worth, according to CoreLogic.
To many buyers, a house that’s been on the market a long time must have hidden problems. And that could lead to unnecessary and endless price reductions. Luckily, even in a distressed market, there are ways to prevent roots from sprouting under the ‘for sale’ sign.
Maintaining a home is like eating a healthy diet. Everyone knows there’s a whole list of things that should be done, but nobody really wants to spend the weekend painting the guest room, snaking out a slow sink drain, or cleaning out the gutters.
The experts on Discovery Channel’s “Mythbusters” have tackled the 5-second rule for dropped food and whether the moon landing was faked. It’s high time they took on credit scoring.
Refinancing your mortgage can help you in many ways. It can lower your monthly payment; it can get you “cash out” for improvements or repairs; and, it can provide some other tangible benefit such as reducing your loan’s term from 30 years to 15 years. ..Read more
Use the good weather to clean and repair asphalt, concrete and fences. Prune or remove problem trees and protect landscaping from deer. Conduct your own home-energy audit and put insulating foam jackets on hot-water pipes.
Want to get a loan? These persistent misconceptions can hurt your chances. Here are the facts.
The Vinson Mortgage Charity of Choice for May is The Adoption Exchange. Check out our live interview on KSDK spotlighting The Adoption Exchange.
Six years after prices collapsed, housing has begun to climb out of its hole. So what are the best moves to make now? In a three-part series, we offer smart strategies for buyers, sellers, and owners in today’s market.
Mortgage rates dropped again this week, with the 15-year fixed-rate loan hitting a record low, according to a report from mortgage financier Freddie Mac.
Fix fences, tighten your home’s energy efficiency, repair a screen door and make 8 cheap, fun improvements to give your home’s entrance some spring sparkle.
Anxious for interest rates to rise in 2013? Take a chill pill. ..Read more
ATTENTION! THE GOVERNMENT IS INCREASING YOUR COST ON ORIGINATED FHA LOANS,
EFFECTIVE APRIL 1, 2013 AND JUNE 3, 2013!!!
If anything about refinancing your mortgage might be described as “fun,” it would have to be locking in your new lower interest rate. But once that’s done, you’ll have to deal with the decidedly not-fun part of gathering all the documentation you’ll need to support your refinance loan application.
The nation's extremely favorable mortgage rates sank even lower this week, setting records for both the 30-year and 15-year fixed rate loans.
According to the National Retail Federation, holiday sales are expected to increase 4.1% this year to $586.1 billion — the most optimistic forecast the market research firm has released since the recession began in 2007.
In another sign of a housing market recovery, new-home sales rose in September to the highest level in more than two years, according to a government report released Wednesday.
NEW YORK (CNNMoney) — It's been a long time coming, but economists surveyed by CNNMoney believe the nation's housing market has finally turned the corner.