Thursday, 14 November 2024

Finance & Mortgage

'Spring 2016 Draws More Home Buyers, More Money

Spring 2016 comes with a 5.1% increase in the sales of existing homes against the newly built residences in March from the previous month’s 1.5% from a similar period last year. The buyers closed on a total of 5.33 million of townhouses, single-family homes, condominiums and co-ops last month based on the seasonally adjusted figures in a recent report.

'Fixed Vs. Adjustable-Rate Mortgage: Which is the Right One for You?

Choosing the right mortgage for you is essential because this will determine your mortgage payments for the next couple of years or so. While there is no such thing as a “one size fits all” when it comes to mortgages, how will you choose between the fixed and adjustable-rate mortgage (ARM)?

'Mortgage Applications and Rates Provide Differing Pictures

The nominal increase was confirmed by the Mortgage Bankers Association and attributed the increase entirely on refinances done on existing loans. Compared to the previous week, the refinance loans had jumped by 3 percent on a seasonally adjusted basis. In the past four weeks, this segment's volume had risen by a total of 18 percent.

EDITOR'S PICKS

'Global Real Estate Boom Nearing Its End?

Global real estate is about to reach its end, according to a warning by the Grosvenor Group on Tuesday

By Staff Reporter
'How to Save up for Your Retirement While Paying Off Your Mortgage

Financial advisers often say that one should save up for their retirement as soon as they land their first job. However, some people say that they are having a hard time following this because they are still paying off their student loans and mortgages. How can you save up for your retirement while paying off your mortgage and other loans?

By Staff Reporter
'Non-Bank Servicers Pose More Problems for Homeowners with Pending Foreclosure Cases

Falling behind on your mortgage payments can leave your loan falling into the hands of a non-bank servicer. While going through a foreclosure is already a troubling matter as it is, it turns out that these non-bank servicers are posing more problems for those who have pending foreclosure cases.

By Staff Reporter
'Self-Storage Is The Investment To Make In Real Estate

This has become one of the most solid investments in real estate available nowadays for several reasons. The report said that the industry is recession-resistant. The market is open to the widest clientele, from the wealthiest to the most ordinary. This is often done through the purchase of shares of real estate investment trusts.

By Staff writer
'America's Fastest Growing Neighborhoods & Why They Made It to the List

America's fastest-growing neighborhoods were identified by Realtor.com. With fastest growing, they point out to places where opportunities for jobs abound, neighborhoods are increasing, and new houses and apartments are being established to meet the locations' demands.

By Staff Reporter
'3 Mortgage Mistakes to Avoid Before It’s Too Late

Mortgage applications are on the rise as rates are close to hitting its lowest in three years. While now may be the best time to go house searching, it may be good to stop for a moment, re-evaluate your goals and find time to carefully think of your options in buying a home.

By Staff Reporter
'China’s Real Estate Industry Grows 9.1%

Real estate sector is one of the key drivers in China's economic growth and its recent gains contributed to an increase in the country's economy in the first quarter of 2016.

By Staff Reporter
'Higher Priced Homes Mean More In Tech Hotbeds

This is very evident in the Bay Area, specifically the San Jose Metro area. Tech households paid on average $8,889 in property taxes compared to $6,003 for non-tech households. In the San Francisco Bay area, tech households paid $7,531 while non tech households paid $5,606.

By JMLC
'Mortgage Applications Increase as Interest Rates are Close to its Lowest in Three Years

Spring home buying has officially begun and all signs are pointing towards busy months ahead for the real estate market. While weather conditions are one of the factors, which make spring as the most ideal time for buying a house, it turns out more Americans are looking for a home in the market because of the lowered mortgage rates.

By Staff Reporter
'How Ottawa’s Housing Affordability Crunch can be Addressed

Canada's real estate market is one of the red-hot property markets these days. As demand increases, supply declines. Consequently, house prices surge that many people could not afford to own a home.

By Staff Reporter