by Jim Crowder | Sep 11, 2013 | HOUSING MARKET
According to CoreLogic’s second-quarter home equity report, an additional 2.5 million residential properties came out of the water during the second quarter. Data has stated that 41.5 million residential properties are now in a state of positive equity. Mark...
by Jim Crowder | Sep 10, 2013 | HOUSING MARKET
According to the Department of Labor, hiring in the United States has continued to grow while unemployment rates decrease. In August, the economy added 169,000 jobs, up from 104,000 created jobs in July, and the unemployment rate decreased to 7.3%. Although rates seem...
by Jim Crowder | Sep 9, 2013 | HOUSING MARKET
According to new information released by Trulia, booming markets that have seen the largest increase in home prices have also experienced the largest lag in construction activity. Home prices jumped 11.0% on an annual basis, and on a monthly basis, in August, home...
by Jim Crowder | Sep 6, 2013 | HOUSING MARKET
Mortgage applications in the United States increased for the first time in approximately four weeks. Mortgage rates have decreased from the highest level seen in 2013 aiding the growth of mortgage applications. The seasonally adjusted index of mortgage application...
by Jim Crowder | Sep 5, 2013 | HOUSING MARKET
Many older Americans have an unrealistic view of how financially stable they will be during their retirement years. An increasing number of seniors are putting the equity in their homes to use by applying for a reverse mortgage. Reverse mortgages allow senior...
by Jim Crowder | Sep 4, 2013 | HOUSING MARKET
Fixed mortgage rates fell this week. According to Freddie Mac, the average rate on the 30-year fixed rate mortgage decreased 0.07% from last week, averaging 4.51%. The average 15-year loan also fell slightly, averaging 3.54%, a 0.06% fall from last week. Many...
