by John Evans | Feb 1, 2016 | Market Outlook
Last week’s economic events included S&P Case-Shiller’s home price indexes, reports on new and pending home sales and the Fed’s FOMC statement. The details: Case-Shiller Reports Fast Paced Home Price Growth According to S&P Case-Shiller Home...
by John Evans | Jan 29, 2016 | Mortagage Tips
What Is “Prime”? The Prime Lending Rate – sometimes just called “Prime” – is the interest rate that banks charge each other for overnight loans. Some consumer rates – like ARMs – are set in relation to Prime.In the...
by John Evans | Jan 28, 2016 | Market Outlook
According to statement issued at the conclusion of today’s Federal Open Market Committee meeting, committee members decided against raising the target federal funds rate. Mixed economic conditions, slower economic growth in the 4th quarter and low inflation...
by John Evans | Jan 28, 2016 | Market Outlook
According to statement issued at the conclusion of today’s Federal Open Market Committee meeting, committee members decided against raising the target federal funds rate. Mixed economic conditions, slower economic growth in the 4th quarter and low inflation...
by John Evans | Jan 27, 2016 | Home Mortgage Tips
Buying a home isn’t cheap. But if you’re determined to become a homeowner, the FHA home loan program can help. This loan program, ideal for first-time buyers with low incomes, can help you to build your credit and make home ownership a reality. So why...
by John Evans | Jan 26, 2016 | Home Mortgage Tips
If you’re planning to remodel or renovate your home in the near future – whether to provide a better living environment or as part of a house flip – you’ll need to find a way to pay for your home improvements. There are several different...
by John Evans | Jan 25, 2016 | Market Outlook
Last week’s scheduled economic news included releases from the National Association of Home Builders, Housing Starts, and Existing Home Sales. Weekly reports on new jobless claims and mortgage rates were also released. The National Association of...
by John Evans | Jan 22, 2016 | Home Buyer Tips
When delving into the realities of home ownership, there can be many factors involved that make it difficult to determine what you need to know and what can wait until later. If you happen to be a first-time buyer who’s looking for the best tips for purchasing a...
by John Evans | Jan 21, 2016 | Home Mortgage Tips
If you’re ready to buy a home, getting approved for a mortgage is a critical step that you can’t skip or rush. And although it may seem like the lenders can be a bit arbitrary in their approvals, there’s actually a detailed set of criteria they look...
by John Evans | Jan 20, 2016 | Market Outlook
Home builders maintained December’s confidence level according to the National Association of Home Builders (NAHB) Housing Market Index for January. The latest reading of 60 mirrored December’s reading, but was two points lower than expected. Readings of...
