by Jim Crowder | Feb 26, 2014 | HOUSING MARKET
Home prices are increasing at a slower pace which many experts say is good for prospective buyers, as it keeps an increasing number of properties affordable longer. According to the S&P/Case-Shiller index, property values jumped 13.4 from the end of 2012 in 20...
by Jim Crowder | Feb 25, 2014 | HOUSING MARKET
Mortgage rates increased this week with the 15-year fixed-rate mortgage rising .02%, Averaging 3.35%, and the 30-year fixed-rate mortgage increasing .05%, Averaging 4.33%. According to many experts, mortgage rates are expected to continue rising this year as the...
by Jim Crowder | Feb 24, 2014 | HOUSING MARKET
Reverse mortgages have become increasingly popular over the years helping many adults, age 62 and older, keep their homes. Columbia Business School professor and reverse mortgage expert, Christopher Mayer, explains why reverse mortgages can help many seniors through...
by Jim Crowder | Feb 21, 2014 | HOUSING MARKET
According to the U.S. Census Bureau, Last month’s housing index decreased showing a 16% drop in home construction, while the National Association of Home Builders released data showing that builder confidence has also fallen. Supply and demand continue on a...
by Jim Crowder | Feb 20, 2014 | HOUSING MARKET
New data suggests that 2014 is the prime time to take out jumbo mortgages. This year, jumbo mortgage rates decreased and are now nearly as low as rates for conventional mortgages and in some cases lower. The drop in jumbo mortgage rates is a result of lower...
by Jim Crowder | Feb 19, 2014 | HOUSING MARKET
Recent data suggests that the economy has declined in certain areas due to the severe winter weather conditions. The National Association of Home Builders has stated that the housing market took a hit this month, decreasing 10 points and averaging 46, the lowest...
