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What’s Ahead For Mortgage Rates This Week – May 5, 2014

by John Evans | May 5, 2014 | Mortgage News

Last week’s economic news included several reports related to housing and mortgages. The NAR started the week on a positive note with its Pending Home Sales Index released Monday. Pending home sales in March were higher with an unexpected increase of 3.40...

What’s in a Color? Six Paint Colors That Will Affect Your Mood

by John Evans | May 2, 2014 | Mortgage News

Believe it or not, paint colors can affect your mood. When remodeling your home, the color you use on the walls can end up being just as critical to the thematic consistency of your home as the furniture you use to decorate it. Before you slap any old color on the...

FOMC Noted Retail Sales In March Reached Highest Level Since September Of 2012

by John Evans | May 1, 2014 | Mortgage News

The FOMC of the Federal Reserve released its customary statement after its meeting concluded April 30. FOMC members said that the economy is improving after a winter lull caused by poor weather. The national unemployment rate remains high, although some improvement in...

Warmer Weather Brings In The Buyers, Is There Inventory?

by John Evans | Apr 30, 2014 | Mortgage News

After three consecutive months of decline, the S&P Case-Shiller 20-City Composite Index remained nearly unchanged in February. Year-over-year home prices rose by 12.90 percent in February as compared to 13.20 percent in January. 20 Percent Below Their 2006...

Five Questions You Might Want To Ask Before You Refinance Your Home

by John Evans | Apr 29, 2014 | Mortgage News

Refinancing your home might be a great way to save money or tap into the capital needed to pay off large debts. However, a refinance can also be an expensive endeavor, and you could even risk harming your credit rating or risk foreclosure if you’re not careful....

What’s Ahead For Mortgage Rates This Week – April 28, 2014

by John Evans | Apr 28, 2014 | Mortgage News

Last week’s economic news supported recent reports that home sales were fewer and home prices increased, but did so at a slower pace. The NAR reported a slower pace of existing home sales, and FHFA reported a slower year-over-year rate of growth for home prices...
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