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Sales of Pre-Owned Homes Hit Second Highest Level in 8 Years

by John Evans | Oct 23, 2015 | Market Outlook

Housing markets show continued strength as the National Association of Realtors® reported that sales of existing homes reached their second highest level since February 2007. Sales of pre-owned homes increased by 4.70 percent and reached 5.55 million sales on a...

Understanding the Reverse Mortgage and How to Best Use This Unique Financial Tool

by John Evans | Oct 22, 2015 | Home Mortgage Tips

If you’ve studied the real estate market recently, you’ve probably heard about the reverse mortgage. This unique tool is a financial arrangement designed for senior citizens who have limited incomes and want to use the equity in their homes to meet their...

Locked in a Bidding War? 3 Tactics That Will Ensure That You Reign Supreme with a Winning Bid

by John Evans | Oct 21, 2015 | Home Buyer Tips

Bidding wars can be ugly, nasty things – but with the right tactics, you can come out a winner without having to double your offer. Welcome to basic training – today, you’ll learn how to navigate the obstacle course that is a real estate bidding war...

Can You Give a Relative a Gift of Cash for a Mortgage Down Payment? Yes – Here’s How

by John Evans | Oct 20, 2015 | Home Mortgage Tips

A new house is a major investment. Even if you have a mortgage, the bank and the seller will still expect a sizeable down payment. That’s why lots of people regularly gift down payments to friends and relatives – it’s a great way to help young people...

What’s Ahead For Mortgage Rates This Week – October 19, 2015

by John Evans | Oct 19, 2015 | Market Outlook

Last week’s economic reports included Consumer Price Index and Core index for September, the minutes of the FOMC meeting held September 15 and 17, and weekly reports on mortgage rates and new jobless claims. The details: FOMC Minutes Hint at Looming Rate Hike as...

3 Autumn-inspired Decor Ideas That Will Spice Up Your Home

by John Evans | Oct 16, 2015 | Around The Home

With the season of jack-o’-lantern’s and crunchy leaves under foot, there can’t help but be plenty of ways to integrate the loveliness of autumn into your home decorations. Whether you’re looking for a simple touch or a statement that will...

Buying a Home This Fall? Here’s How Your Choice of Neighborhood Will Impact Your Mortgage

by John Evans | Oct 15, 2015 | Home Mortgage Tips

If you’re planning to buy a home in the next few months, you’ll want to ensure you choose a great neighborhood to live in – not just because it can improve your quality of life, but also because it can help you get a mortgage. Neighborhood is a...

How Much Should You Budget for Closing Costs? Let’s Take a Look

by John Evans | Oct 14, 2015 | Home Mortgage Tips, Home Seller Tips, Personal Finance

If you’re in the market for a new home, you’re probably trying to budget for all of the expenses that come with a home purchase. After all, the asking price isn’t necessarily the entire amount that you’ll pay – there are other expenses...

What’s Ahead For Mortgage Rates This Week – October 13, 2015

by John Evans | Oct 13, 2015 | Market Outlook

Last week’s economic reports included the Federal Open Market Committee Meeting Minutes and Weekly Jobless Claims. Also, the new mortgage TRID rules went into effect. Here are the details: TRID (TILA-RESPA Integrated Disclosure) Goes Into Effect TRID, or...

Looking for an Eco-friendly Upgrade? Try These Easy Ways to Save Water Around the Home

by John Evans | Oct 9, 2015 | Around The Home

With the impact we have on our environment becoming a matter of greater concern, it’s becoming more important for the average citizen to know they’re doing their part. While there are many simple tricks for saving water that will make you feel better about...
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