Tag: Housing Market
7 Home-buying Traps
Buying your first home is an exercise in faith. You don’t really know what you’re getting into, you’re awash in unfamiliar terminology and everyone you meet seems to have strong (and utterly contradictory) ideas about which way the housing market is headed.
You may not be able to avoid every home-purchase mistake, but you can keep [...]
Posted: August 20th, 2008 under Loans, Money, Real Estate.
Tags: American Society Of Home Inspectors, Big Mortgage, Columnist, Contradictory Ideas, Financial Health, First Time Home, First Time Home Buyer, Good Job, Home Buying, Home Inspection, Home Inspector, Housing Market, Lenders, Losses, Money Pit, Mortgage Mistakes, Referrals, Regrets, Time Home Buyer, Traps
Comments: 1
30-year Fixed Mortgage Rates Hold Fast
Rates on 30-year mortgages didn’t budge this week, while rates on other home loans were a mixed bag.
Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.52 percent for the week ending Aug. 7. That was the same as last week’s rate, which marked the second-highest of the year. The highest — [...]
Posted: August 7th, 2008 under Money, Mortgage Lending, Personal Finance, Real Estate, US Economy.
Tags: 15 Year Mortgage Rates, 30 Year Fixed Mortgage Rates, 30 Year Fixed Rate Mortgages, Adjustable Rate Mortgages, Chief Economist, Drag On, Economic Activity, Fixed Mortgage Rates, Fixed Rate Mortgages, Freddie Mac, Home Loans, Housing Market, Mortgage Company, Msnbc, Record Highs, Ticket Purchases, Week Ending July, Year Fixed Mortgage, Year Fixed Rate Mortgages, Year Mortgage
Comments: 4
Best And Worst Cities for Renters
Writing a monthly rent check often feels like lighting money on fire. You’ll never again see that cash, you build no equity and there are no tax benefits.
But renting makes sense to those unwilling or unable to buy a home in an uncertain housing market. The number of such Americans seems to be growing; last [...]
Posted: January 22nd, 2008 under Money, Real Estate.
Tags: City By The Bay, Construction Projects, Encino, Five Boroughs, Glut, Housing Market, Income Residents, Incomes, Investment Firm, Landlords, Largest Cities, Market Areas, Median Level, Mortgage Applications, New Construction, Real Estate Investment, Rents, Unsold Inventory, Vacancy Rate, Vacancy Rates
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