Whether you’re looking for a condominium, multi-family unit or a single-family home, you’ll find an abundance available in the housing market in almost every major city in the U.S. Florida’s slumping home market has targeted this state for some sweet deals on real estate. You’ll even find beach front property at astounding prices. Check out […]

In what has become an almost weekly occurrence mortgage rates hit new all time lows. The 30 year rate fell from 4.56 to 4.54 this week. Rates have either reached new lows or matched old lows for 5 consecutive weeks. The 15 year also reached an all time low dropping from 4.03 to 4.00. It […]

Last week the 30 year rate fell to an all time low of 4.57. This week mortgage rates held at 4.57 so we are still sitting on all time historic lows. This is also the 4th week in a row where mortgage rates have either held steady or fallen. The expectation has been that rates […]

According to experts, the state of Texas is inching its way out of the recession and is actually taking the lead when it comes to helping the United States with its recovery. In support of this assertion, consider these facts: * The state experienced a growth rate of 0.2% between May 2009 and May 2010, […]

The 30 year rate dropped this week from 4.69 to 4.58. This is quite a large drop for a week. What makes it even more interesting is that 4.69 from last week was already an all time historic low. We are moving into territory for mortgage rates I would have never thought possible. While the […]

Mortgage Insurance for Condominium Units (Section 234(c)) program assists potential homeowners in purchasing a home in a condominium development. The prospective condominium must be the potential homeowner’s primary residence. The intent of this federal program managed under the U.S. Department of Housing and Urban Development (HUD) is to insure the loan of a borrower who […]

Real estate watchers waited with bated breath for numbers reflecting the May market, curious to see how it would fare after the federal homebuyers’ tax credit expired in April. Of course, homebuyers still have through June (for now) to close on their homes, and existing home sales data tracks transaction closings – so some of […]

According to reports, housing starts plummeted by 10% in May, falling to 593,000 units after being seasonally adjusted. Of course, this is hot on the tail of the first time home buyer credit expiring at the end of April. As such, the drop wasn’t exactly unexpected. Still, it has left many wondering just when the […]

Rates have been relatively low over the last month. This week, they are in the news by falling to a new all time historical low. The 30 year rate fell from 4.75 to 4.69 this week. Two weeks ago the 30 year rate was sitting at 4.72. What’s interesting is that over the last month, […]

There are a few wants that home buyers perceive as needs when shopping around for a home. As you’re shopping for your next home, you may not have any idea how long you will live there as you may need to sell at some point. With that in mind, consider some practical features potential home […]