What’s driving current mortgage rates? Mortgage rates today dropped back from yesterday’s spiky highs. That shows that lenders may have over-reacted to the news from the European Central Bank, and that they were pricing protectively ahead of the State of the Union address. It’s important for borrowers to understand that markets are fear-driven, and that rates tend …
Divorce shakes up the foundation of one’s existence. Just as a house is not rebuilt overnight after an earthquake – neither is one’s life after parting ways. Putting the pieces back together or starting totally anew, takes some time. One can feel immobilized and not know what step to take next. Some have described themselves …
How Much Home Can You Afford? One of the most common questions a first-time home buyer will ask is “How much home can I afford?” The answer, as a mortgage lender will tell you, is that “it depends”. There are no concrete rules for how much home you can afford, or how big your mortgage can …
Home prices continued to increase in November, rising at a faster pace than the previous month, according to the latest report released by S&P Dow Jones Indices and CoreLogic. The S&P CoreLogic Case-Shiller U.S. National Home Prices NSA Index, which covers all nine U.S. census divisions, reported an increase of 6.2% in November. This is up from the …
The national homeownership rate reached its highest level since the fourth quarter of 2014, increasing slightly in the last quarter of 2017, according to the Quarterly Residential Vacancies and Homeownership report from the U.S. Census Bureau. The homeownership rate remained statistically unchanged, inching up to 64.2% in the fourth quarter. This is up from 63.7% the year before …
Homeownership rate reaches highest level in three years | 2018-01-30 | HousingWire Read More »
What’s driving current mortgage rates? Mortgage rates today are higher across the board, as the prices of mortgage-backed securities (MBS) continue to fall. Bond prices are also in the dumps, and that, according to Mortgage News Daily, means inflation is on the radar in a big way. As this trend picks up steam, the odds of mortgage rates falling …
Want to win your divorce ― or at least come out financially secure? Take it from divorce attorneys and don’t make any of these common mistakes that almost always end up costing people who decide to litigate. 1. Going to court without a lawyer. “This is the No. 1 mistake. Yes, you might do fine, but lawyers ― …
9 Mistakes That Will End Up Costing You In Divorce Court | HuffPost Read More »
Getting divorced before most friends are even married carries unique burdens. After a divorce, it can be helpful to talk about the experience with a friend who has gone through a marital split. But for those in their 20s, peers might not yet be married, much less divorced. This is just one unique challenge of …
Getting divorced in your 20s: Why it’s different – Chicago Tribune Read More »
What’s driving current mortgage rates? Mortgage rates today are sharply higher, mostly because of news from Europe. The Dutch central bank president Klaas Knot said that the ECB (European Central Bank) should discontinue its economic stimulus program. And many believe that the US Federal Reserve is likely feeling the same about the US economy — and likely …
Mortgage rates are surging due to the jump in U.S. bond yields. “Some lenders will be at 4.5 percent,” says Matthew Graham of Mortgage News Daily. Higher mortgage rates, combined with higher home prices, will make this spring housing market even more challenging. A huge sell-off in the bond market is about to make buying a …
Mortgage rates highest in 4 years, ominous sign for spring housing Read More »
