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How Does An Interest-Only Mortgage Work?

When you have been researching your different options for a mortgage on your home, you might have heard of an “Interest Only Mortgage”. What exactly does this type of mortgage mean and how does it work?

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How To Interview An Architect When Building A New Home

Making the decision to build a home might be one of the biggest you make in your life. You’ve found the perfect plot of land and have a vision of what type of home you want, but you need someone to bring your dream to life. That means it’s time to start interviewing architects.

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Where’s the HUD?

You may have heard the Consumer Finance Protection Bureau (CFPB) has made new rules regulating the mortgage industry.  No one, including the CFPB, is quite sure when the new rules will take effect, but the industry has been assured that it will be in 2014. One of the...

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Before And After Tips When Dealing With A Disaster

Weather patterns across the United States seem to be getting more and more erratic. From tornadoes and earthquakes to flash floods and wild fires, there are many natural disasters that can quickly consume your home without warning. Because you never know when disaster might strike, it’s best to be prepared.

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Case Shiller Price Index Shows An Annual Growth Rate Of Home Prices

Home prices were still gaining in July, but for 15 of 20 cities included the S&P/Case-Shiller 10 and 20-city Home Price Indices, the pace of increasing home prices is slowing down. National home prices rose by 1.80 percent in July as compared to 2.20 percent in June. Home prices grew by 0.60 percent from June to July on a seasonally-adjusted basis. This was the lowest month-to-month gain since September 2012.

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Highest Existing Home Sales Since February 2007

Sales of existing homes reached their highest volume in almost six years in August. The National Association of REALTORS reported Thursday that sales of existing homes rose 1.70 percent in August to a seasonally-adjusted annual rate of 5.48 million existing homes sold.

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Quick Tips To Beat Out Cash Buyers

You’ve been searching for the perfect home for quite a while, and finally, you’ve found it! You get all of your finances in order and place an offer on the house.

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