Category Archives: Mortgage

October Home Sales Rose 12 Percent

October┬áhome sales, tabulated when a contract closes, rose 12 percent from the same month last year before adjusting for seasonal variations. Total home sales in 2010 were 4.9 million, compared with a peak of 7.07 million in 2005 during the … Continue reading

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The National Mortgage Rates Fall Below 4 Percent

The national mortgage rates fall below 4 percent. Rates on the 30-year fixed loan fell to 3.99 percent, down from 4 percent last week. Mortgage rates track the yield on 10-year Treasury note, which fell this week as investors shifted … Continue reading

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Home Prices Increased In Some Major US Cities

Home prices increased in August in 10 of the 20 major cities tracked. That marked the fifth straight month that at least half of the cities in the survey showed monthly gains. There is a sign that prices are stabilizing … Continue reading

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Mortgage Rates Hit Six-Decade Low

Mortgage rates have hit their lowest levels in 60 years, but scores of struggling consumers aren’t in a position to take advantage of it. The average rate on a 30-year fixed mortgage fell to 4.12 percent this week – the … Continue reading

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Fixed Mortgages Hit 2011 Record Low – Could Mortgage Rates Go Lower?

Mortgage rates hit an eight-month low and are within striking distance of the lowest rates since World War II. Freddie Mac issued its weekly rates report. It told us that 30-year fixed-rate mortgages (FRMs) averaged 4.39%, down from 4.55% the … Continue reading

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Mortgage Free Living In 320 Square Feet Home

This family stopped working so hard, sold or gave away all of their extra stuff and began looking for the perfect tiny home. One day, they noticed an ad for a local Arkansas company custom building tiny homes for a … Continue reading

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Do Not Buy Real Estate In March 2011 Buy In 2012 And After

A second wave of adjustable loans will push real estate lower through the end of 2011. Invest all your money right now.This is the best time to buy Foreclosures. Foreclosures are at an all time high. Prices are crashed. Interest … Continue reading

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