Rates have been trending higher on expectations that the Fed will begin to taper its investments in mortgage-backed securities. Home prices are also trending higher in part due to fewer distressed properties ...
Bloomberg reports: The Federal Reserve unexpectedly refrained from reducing the $85 billion pace of monthly bond buying, saying it needs more evidence of lasting improvement in the economy and warning that an increase in interest rates threatened to curb the expansion. This is good news for the housing market! The big question is how long can they continue to do this?
Jed Kolko, Trulia Chief Economist The recent rise in mortgage rates has made buying a house a little more expensive: the increase in the 30-year fixed rate over the past month from 3.4% to 3.9% (Freddie Mac) raised the monthly payment on a $200,000 mortgage by $56, or 6%. However, because [...]
One of the fastest growing real estate considerations in America today is something called "staging, " meaning furnishing, decorating, outdoor clean-ups and ultimately arranging homes in such a way to attract increased buyer interest.
Check out this Single-Family Home: $269,900 3 br 4 ba 3,378 sqft in Suwanee. Come live the dream! Live, work, play hard, Suwanee! Fabulous community 1 mile from Suwanee town center! Feel at home as soon as you walk thru the door of this meticulously kept home! Double front porches with 3 sets of fre...
To be eligible for the program, borrowers must be able to prove that a major economic event such as a job loss or severe reduction in income (20 percent for at least six months) was the main catalyst in losing their home.
More than 8 million homeowners are ‘resurfacing’RealtyTrac: Price appreciation should help many homeowners avoid short sales Teke Wiggin Staff Writershare this article Sep 5, 2013 Portending relief for inventory-starved housing markets in the not-so-distant future, 8.3 million homeowners, or about 1...
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Despite (or possibly because of?) being ranked nerdiest and most redneck among major U.S. cities, Atlanta has secured a spot as the third happiest metro area in America, according to a study released today.