From interest rates to mortgage loans, there are many things associated with applying and obtaining a mortgage that are important for new homeowners to be aware of. If you’ve ...
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Last week’s economic reports included construction spending, personal income, and multiple reports on employment. Freddie Mac’s mortgage rates survey and new jobless claims were also released.
Construction Spending Dips in June
According to the Commerce Department, construction spending fell in June to -0.60 percent as compared to expectations of ...
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Thinking about a ‘Fixer Upper’? Understanding the Balance Between Purchase and Reno Costs
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Fixer uppers can come with huge price benefits and opportunity, as well as problems. Make sure you understand what you’re getting yourself ...
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A good credit rating is built on a number of financial factors including paying your bills on time ...
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In an effort to boost the value of their property, many homeowners invest in renovations that will help them sell ...
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Last week’s economic reports included S&P Case-Shiller Housing Market Indices, reports on new and pending home sales, Freddie Mac’s weekly mortgage rates survey. The Federal Reserve released its customary statement after the scheduled Federal Open Market Committee meeting concluded; the Committee did not raise the federal ...
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The monthly mortgage payment can be one of the most significant household expenditures for a family. However, while it can be a sizable amount, ...
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Whether you’re embarking on the process of obtaining a mortgage for the first time or just preparing yourself for the advances in the industry, the implementation ...
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Case-Shiller: Home Price Growth Slows in May
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According to the S&P Case-Shiller 20-City Home Price Index, home price growth in May dropped to a seasonally adjusted annual rate of 5.20 percent as compared to April’s reading of 5.40 percent. Analysts said that low mortgage rates continue to support housing markets, but ...
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3 Money-Smart Reasons To Downsize Your Home
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Living big isn’t necessarily living better. Apartment buildings, townhouses and multiplexes have become the new normal for increasing numbers of individuals, couples and families. It’s clear that for many people, smaller spaces are smarter, ...
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