The housing market received a jolt of good news Thursday. The Commerce Department reports that Single-Family Housing Starts improved in May.
Author Archives:
Monthly Foreclosure Count Drops For 16th Straight Month
According to foreclosure-tracking firm RealtyTrac, monthly foreclosure filings fell 2 percent in May to just under 215,000 filings nationwide. Foreclosure counts have now dropped over 16 consecutive months, dating back to January 2010.
Mortgage Rates Surge On May Retail Sales Figures
Retail Sales rose for the 11th straight month in May. Excluding cars and auto parts, sales receipts climbed to $322 billion last month. It’s an all-time high and another example of the U.S. economy’s resiliency.
Is This The Start Of A Refi Boom? Mortgage Rates Fall For 8 Straight Weeks.
Mortgage rates have dropped 8 weeks in a row. Not even last year’s Refi Boom produced an 8-week winning streak. This season’s streak is historic.
20 Craft Projects To Spice Up Your Home
If you have a flair for home decoration projects, Better Homes & Garden has some terrific ideas for you on its website.
Do You Know What Questions To Ask Your Lender?
In this back-to-basics interview, you’ll learn some mortgage planning basics to help you get smarter with your next home loan — purchase or refinance.
Moving To A New City? See How Much Your Cost Of Living Will Change.
It’s a fact: It’s more expensive to live in some cities than others. Beyond just the costs of buying a home, different cities also carry a different Cost of Living. For households relocating across state lines, the change in “life costs” can be jarring.
Temporary Conforming Loan Limits Expire September 30, 2011
If you live in a high-cost area, keep an eye on your calendar. Effective October 1, 2011, temporary conforming loan limits will be lowered nationwide. Perhaps by as much as 14 percent.
Celebrity’s Golden Beach Home-For Sale
Ricky Martin’s Golden Beach home is up for sale according to sources and, if you happen to have $19 million, it could be yours. The Mansion is located on the shore of the Atlantic Ocean in beautiful Golden Beach. The 9,882 sq. ft. luxury mansion sits on a 29,088sq.ft. lot, with a marvelous 101 feet of private ocean…
Wall Street Rises from its Loses
Wall Street was higher Tuesday, rebounding from four straight days of losses as traders awaited remarks by Federal Reserve chairman Ben Bernanke. Dow Jones industrial average rose 53 points, or 0.4 percent, to 12,142 in midday trading The Standard & Poor’s 500 index rose 5, or 0.4 percent, to 1,291 The Nasdaq composite rose…