With rent prices skyrocketing and mortgage rates still remaining low by historical standards, homebuilders are in high demand. Sales of new homes have reached a 77 month high and builders expect an even better 2014.
As 2013 comes to a close, experts have made their predictions for what is in store for real estate for the New Year. Housing continued to make a comeback this year with rising home prices and low interest rates fueling bidding wars. Home sales surpassed economists’ expectations in 2013 and is predicted to continue rising ...
When you are in the market for a mortgage loan having your finances in order is crucial. One of the areas that mortgage lenders have to pay attention to is the amount of debt a borrower has. Lenders look at the debt-to-income ratio (DTI) which compares ones total debt expenses to gross income. The lower ...
If you’re like most people you aren’t an avid follower of mortgage interest rates. If you are a rate watcher you are probably keeping tabs on the weekly economic reports as well as following treasury auctions, waiting for rates to fall. Chances are while you were waiting to see rates drop further you could have ...
