by Jim Crowder | Jul 31, 2013 | HOUSING MARKET
The average number of foreclosures in the U.S. fell last month by approximately 20% year-over year according to CoreLogic. Last year, around 68,000 homeowners completed the process while this year only 55,000 completed the process. Experts have said that while...
by Jim Crowder | Jul 30, 2013 | HOUSING MARKET
Experts are suggesting that many older Americans should consider their home’s value as a way to help their finances during retirement years. Reverse mortgages are expected to become a vital part of many financial retirement plans over the coming years, though...
by Jim Crowder | Jul 29, 2013 | HOUSING MARKET
Mortgage rates have stabilized after many months of continuous growth, according to Freddie Mac. The average 30-year fixed rate loan fell .06% last week. Experts say that even as the housing market in general begins to stabilize and slightly drop, rates are still much...
by Jim Crowder | Jul 26, 2013 | HOUSING MARKET
First-time home buyers have helped improve the housing market, representing around 40% of sales over the last 30 years, according to the National Association of Realtors. Experts believe that first-time home builders are the stepping stones to a full housing recovery....
by Jim Crowder | Jul 25, 2013 | HOUSING MARKET
Mortgage activity continues to slow slightly, falling for the sixth consecutive week. According to the Mortgage Bankers Association, mortgage activity dropped 1.2% last week while interest rates also fell. The average 30-year, fixed rate conforming loans fell around...
by Jim Crowder | Jul 24, 2013 | HOUSING MARKET
According to a recent survey conducted by the National Association of Business Economics, more companies are growing confidence in the U.S. economy and have started to hire more employees. Approximately one-third of economists surveyed said that their businesses...
