BankRate.com has released its 2010 annual nationwide survey of mortgage closing costs. For borrowers looking to finance a new home purchase, interest rates have never been lower saving them thousands of dollars over the term of their loan.
Most would say the economy is far from turning the corner. With consumer confidence down and unemployment still hovering around 10 percent most Americans are hesitant about spending their hard earned dollars and all indicators are Americans are saving more and more.
A new era is here; and it’s not one of big fancy houses. The new era is smaller and easier to manage.
Summer is a great time to dig in and get busy with home improvement projects around the house. The extended daylight, warm weather and ability to be out from dusk to dawn will allow you to complete tons of projects.
On August 17 President Obama may announce that Fannie Mae and Freddie Mac will FORGIVE negative equity.
After foreclosure or short sale, will you get a deficiency judgment?
I receive lots of calls from homeowners asking if they should sell their home in this market.
The answer is YES. Don’t think it’s OK to foreclose.
How can you tell it’s time for a price revision? There are telling signs that dictate a seller is just not in the game relative to price.
June was a weak month; the lowest level in eight months relative to housing starts. This is just further evidence the economy is not turning the corner and gaining momentum.
In celebration of the newly founded partnership between Lewis and Clark Community College and the Alton Municipal Band, the College will sponsor the band’s 2010 Season Grand Finale Concert.
There is a sense of “crazy” in the air.
Every once in a while, you stumble across an idea that is simply a perfect fit with a particular scenario.
Homes in the foreclosure process sold at an average 27 percent discount in the first quarter as almost a third of all U.S. transactions involved properties in some stage of mortgage distress, according to RealtyTrac Inc.
Fannie Mae is not publicly saying how long it’s willing to continue its newfound role as landlord, other than to say it’s prepared to do so at least for the near future.