by Jim Crowder | Jan 13, 2014 | HOUSING MARKET
Experts largely agree that the recent changes made to the Federal Housing Administration-insured reverse mortgage program should be considered positive for those considering, or about to enter into the HECM process. The modifications made to the program will help...
by Jim Crowder | Jan 10, 2014 | HOUSING MARKET
New data from Freddie Mac states that mortgage rates stayed around the same this week. The 30-year, fixed-rate mortgage for last week averaged 4.51%, up from 3.40% last year, and down 0.2% from the week prior, while the average 15-year, fixed-rate mortgage came in at...
by Jim Crowder | Jan 9, 2014 | HOUSING MARKET
According to a new article published in the Huffington Post, the worst cities in which to retire are found in the western and southern parts of the country. Experts suggest that this is due to many factors, but the most common are foreclosure rates, vacancy rates,...
by Jim Crowder | Jan 8, 2014 | HOUSING MARKET
Home prices in the U.S. increased in November, jumping 11.8% from November 2012. Home sales have gradually increased nationally over the last 21 months, showing positive signs that the housing market is making a comeback. Home prices, including distressed sales,...
by Jim Crowder | Jan 7, 2014 | HOUSING MARKET
Recently released data states that new home sales in many locations increased during the holidays, a surprise for many as the holidays are usually considered a slow period for home sales. Experts are hopeful that the positive numbers being reported in numerous...
by Jim Crowder | Jan 6, 2014 | HOUSING MARKET
New economic data just released shows that 2014 has started off on a very positive note. Housing reports shot up, and manufacturing companies released their largest gain in orders in nearly three years. Reports are also showing that consumer confidence has risen...
