Last week’s economic news included Case-Shiller Home Price Indices, along with new and pending home sales readings. The Federal Open Market Committee of the Federal Reserve met analyst’s expectations and did not raise the target federal funds rate, which remains at 0.25 to 0.50 percent. Freddie Mac’s mortgage rates survey and the Labor Department’s weekly jobless claims report were also released.
Fed Holds Steady on Federal Funds Rate
April 29, 2016 by
In its post-meeting statement, the Federal Open Market Committee (FOMC) of the Federal Reserve announced its decision not to raise the current federal funds rate of 0.25 to 0.50 percent. Although FOMC members acknowledged further improvement in the U.S. economy and jobs markets.
5 Tips to Reduce Your Monthly Mortgage Payment
April 28, 2016 by
Buying a home isn’t cheap – and even though mortgage rates are low, your own financial circumstances may mean that your monthly payment is more than you can afford. Whether you’re a new buyer looking to save money or a cash-strapped owner who needs to free up extra income, there are several ways you can lower your monthly payments – here are just five of them.
What’s Ahead For Mortgage Rates This Week – April 25, 2016
April 25, 2016 by
Last week’s economic releases included Existing Home Sales, Commerce Department Releases on Housing Starts and Building Permits and the National Association of Home Builders/Wells Fargo Housing Market Index. Mortgage rates and new jobless claims were released according to their weekly schedule.
Existing Home Sales Jump, Builder Confidence Holds Steady
April 22, 2016 by
Home buyers kicked the spring home shopping season into gear and boosted sales of pre-owned homes in March.
For Sale! 7115 Edgevale Street, Chevy Chase MD 20815
April 21, 2016 by
This home was quite challenging. Behind this cute exterior, the home was filled with years worth of trash and hoarding. The narrow pathways through each room were slippery with grocery bags and treacherous to pass through. The county had condemned the property and labeled it unfit to live in.
How to Determine the Right Mortgage for You: The Pros and Cons of Each Type
April 21, 2016 by
Finding the right mortgage can be a struggle. There’s a wide array of mortgage products on the market, and you don’t always need to get a mortgage through your bank – and with so many options, it’s hard to know which one is your best bet.
Your ideal mortgage will depend on your own individual financial situation, but when you understand how different kinds of mortgages work, it’s easier to choose the right one. Here’s what you need to know about mortgage types.
5 Easy Ways to Brighten up Your Curb Appeal
April 20, 2016 by
It can be easy to forget, but the first thing people will see when they come to your home is the outside, so it’s important to have a well-maintained and picturesque property that represents the inside of your home positively. If you’re looking for a few ways to boost your outdoor space, here are a few tips to help with curb appeal.
