Highlights of economic news from last week, include a survey of senior loan officers from U.S. and foreign banks doing business in the U.S. indicated that banks were gradually easing lending standards for business and consumer loans, but viewed lending criteria for home loans as more restrictive than other types of loans.
Quick Tips To Beat The Heat And Save On Your Electric Bill
August 9, 2013 by
Summer always brings with it a hard choice: Do you turn down the thermostat to stay cool and resign yourself to high power bills? Or, do you sweat it out to save some dough? If you’ve been struggling with this dilemma, don’t fret.
RealtyTrac Report Shows Home Prices Increasing At Highest Rate Since 1977
August 8, 2013 by
U.S. housing markets continue to drive the economic recovery according to data released by RealtyTrac Inc.
A Few Red Flags To Look For When Buying Real Estate
August 7, 2013 by
A recent study done by HouseMaster, a major home inspection company, stated that at least 40 percent of previously owned homes on the market have at least one serious issue or defect.
Here’s What To Do If You Fall Behind On Your Mortgage Payments
August 6, 2013 by
What happens if you go through a tough financial period and you find yourself behind on your mortgage payments for your home?
What’s Ahead For Mortgage Rates This Week – August 5, 2013
August 5, 2013 by
The past week brought encouraging economic news from several sources. The FOMC statement indicated that the Federal Reserve has not set a date for rolling back its quantitative easing program and ADP reported more private sector jobs added than expected.
Fed Meeting Statement Positive For Ongoing Mortgage Sector Support
August 1, 2013 by
There was potentially good news for mortgage rates on Wednesday as the Fed’s Federal Open Market Committee (FOMC) announced that its quantitative easing (QE) program would remain unchanged for the present.
Case Shiller Home Price Index Shows Rising Prices For May 2013
July 31, 2013 by
The S&P/Case-Shiller Home Price Index (HPI) released Tuesday presented solid evidence that the housing recovery continued during May.
Questions To Ask Your Home Inspector Before Buying Your Home
July 30, 2013 by
Imagine how frustrated you’d be to find out that the hot water heater wasn’t working – in the middle of your very first shower in your new home!
This, among other very good reasons, is why you should have a home inspection before you buy your home.
What’s Ahead For Mortgage Rates This Week — July 29, 2013
July 29, 2013 by
New home sales surpassed expectations and consumer sentiment rose for July; these readings among others suggest that the economy continued to improve and that consumer confidence in the economy improved as well.
