Author Archives:

With The Jobs Report Looming, Mortgage Rates May Rise

If you’re shopping for a mortgage rate, today may be a good day to lock one down. That’s because Friday morning, the Bureau of Labor Statistics will release its Non-Farm Payrolls report for August 2011.

Fed Minutes : Fed Considered Additional Stimulus In August

The Federal Reserve released the minutes from its August 9, 2011 Federal Open Market Committee meeting Tuesday.

Pending Home Sales Slip In July; Creates Buyer Opportunity

After 3 straight months of gains, the Pending Home Sales Index slipped 1 percent in July.

How To Weatherize Your Home With Caulk

Whether you live in a single-family home, a multi-family property, or a condominium, your home has windows and, through those windows, air escapes. Learn how to weatherize your home.

Mortgage Rates Bounce Off All-Time Lows; The Start Of A Trend?

One week after posting its lowest mortgage rate in 50 years, Freddie Mac reports that the 30-year fixed rate mortgage rose by an average of 7 basis points nationwide this week to 4.22 percent.

Ranking The Best Places To Live In The U.S. (2011 Edition)

Using Quality of Life factors such as education, crime and “town spirit”, and focusing on towns with between 8,500 and 50,000 residents, CNNMoney ranks the country’s best “small towns”.

New Home Supplies Remain Flat; Builders Not Over-Extending

Sales of newly-built homes slipped in July, falling 1 percent as compared to June. Home buyers closed on a seasonally-adjusted, annualized 298,000 units, the lowest reading since February.

Existing Home Sales Slip In July

Existing Home Sales nationwide fell to 4.67 million units on a seasonally-adjusted annualized basis last month. It’s the fourth straight month below the 5 million mark, and the report’s lowest reading since November 2010.

Make Better-Tasting Food On Your Grill

A clean grill makes better tasting food.

Mortgage Rates Don’t Move With The Fed Funds Rate

Mortgage rates and the Fed Funds Rate are two different interest rates; completely disconnected. Here’s a chart that proves it.