Mortgage Rates Surge to 7-year High After Fed Hike

Mortgage Rates Surge to 7-Year High After Fed Hike
However, despite higher borrowing costs, prospective buyers appear to be having more success breaking into homeownership, according to Freddie Mac.

The 30-year fixed-rate mortgage jumped to 4.72 percent, up from 4.65 percent last week.

Quick Plumbing Inspection

No one wants to waste water or money.  For that reason, take a few minutes every other month to do the following inspections:

1. Check to see if cutoff valves on sinks and toilets are working properly. 
   
   Many times, builders will put individual cutoffs on supply lines to sinks and toilets.  It is reasonable to
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Act Decisively

Whether it is hesitation or procrastination due to uncertainty, it can cost buyers by having to pay more for both the house and the financing.  This is one of those markets where most of the experts expect interest rates and prices will continue to rise through [...]

Mortgage Free

It may be an all too common belief that a person will have a house payment and a car payment for the rest of their lives.  However, with a plan and some determination, you can be mortgage [...]

30 years of certainty

30 Years of Certainty - Freddie Mac
30 years may sound like a lifetime with many unknowns, but a 30-year fixed-rate mortgage can provide you with many comforting certainties.

Locking down housing costs is not only a good way to say money, it can be a good investment too.

How to Clean Gutters

The gutters and downspouts on your home are intended to channel rainwater away from your home and its foundation.  When they're blocked and not functioning properly they can lead to the gutters coming loose, wood rot and mildew, staining of painted surfaces, and even worse, foundation issues or water penetration into [...]

Consumer Protection from Irresponsible Mortgage Practices

Congress enacted the Dodd-Frank Act in 2010 in response to the mortgage crisis that led to America's Great Recession.  The two parts that apply closely to homebuyers are the Ability-to-Repay (ATR) and Qualified Mortgages [...]

Moving with Kids

Moving With Kids
This report highlights the characteristics of families with children who are buying or selling a home.

There is an additional dynamic involved in buying or selling a home when there are children living at home. This report can be a good resource.

Mortgage Free

It may be an all too common belief that a person will have a house payment and a car payment for the rest of their lives.  However, with a plan and some determination, you can be mortgage [...]

30 years of certainty

30 Years of Certainty - Freddie Mac
30 years may sound like a lifetime with many unknowns, but a 30-year fixed-rate mortgage can provide you with many comforting certainties.

Locking down housing costs is not only a good way to say money, it can be a good investment too.