The interest rate differential between fixed-rate and adjustable-rate mortgages continues to widen and has now reached historic levels. There’s never been a better time to lock an ARM.
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Pending Home Sales Unexpectedly Spike In May
According to data from the National Association of REALTORS, the Pending Home Sales Index smashed analyst expectations, jumping 8 percent on a monthly basis in May.
Top 25 Least Expensive U.S. Cities
There are some U.S. towns in which the cost of living remains affordable — and downright cheap — as compared to the national average.
How Do I Clean Up A Broken Compact Fluorescent Bulb?
Compact fluorescent light bulbs contain mercury, a poison to humans and pets. The EPA provides guidance on handling broken bulbs.
New Home Supplies Drop, And So Does Homebuilder Confidence
Last month, the number of new homes sold on an annualized, seasonally-adjusted basis tallied 319,000. The May reading is the second-highest of the year, and 6 percent above the current 12-month average.
A Simple Explanation Of The Federal Reserve Statement (June 22, 2011 Edition)
Wednesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. The vote was 10-0 — the fourth straight unanimous vote for the nation’s Central Bank.
Existing Homes Sales Slip In May
Home resales slipped 4 percent in May, falling below the 5,000,000-unit mark on a seasonally-adjusted, annualized basis for the first time since February.
Homebuilder Confidence Slips To 9-Month Low
If you’re a home buyer and have considered “buying new”, the time may be right for making an offer. Financing is cheap, home values are low, and builders are pessimistic — a terrific combination for today’s home buyer.
How To Clean Outdoor Furniture : Resin, Wood And Metal
This week marks the official start of Summer. If your home’s outdoor area has furniture on it, you’ll want to make sure that furniture is clean.