In the midst of doing 3 renovation loans this month I am reminded of this post from a year ago. Interesting enough I am dealing with 3 purchase 203K renovation loans. The 1st has a sales price of 74K with 25K in repairs that was just appraised out for $126,000 an amazing 26% of walk …
Mortgage Rates This Week, What to Expect: March 4th, 2013
U.S. Budget Stalemate, Italian Elections Stir Concerns Mortgage rates were lower last week as investors sought safety in bonds in the wake of US legislators’ failure to agree on budget cutbacks, and after Italy’s elections failed to reveal a leader committed to continuing economic reform. When bond prices including Mortgage Backed Securities rise, mortgage rates …
Can The Right Color Help Sell Your Home Faster?
When it comes to selling your home in Ozark , you’ve probably thought of the most common staging tricks, such as clearing out the clutter to make your rooms look bigger and bringing in more light to brighten things up. However, have you considered that the colors in your house might affect whether buyers are …
Fed Meeting Statement Points To Continuing Low Interest Rates
Wednesday’s Federal Open Market Committee (FOMC) statement indicates the Federal Reserve’s commitment to keeping long term interest rates and inflation under control. The Fed will continue monitoring inflation, but does not expect inflation to rise more than 0.50 percent above its target rate of 2.00 percent over the next one to two years. Ongoing monitoring …
Case-Shiller Home Price Indices Post Highest Growth Rates Since 2006
Housing markets continue to improve according to the S&P Case Shiller Home Price Indices released April 30 for February’s data. The Indices consist of a 10-City Composite Index and a 20-City Composite Index with housing markets for each city reported based on a three-month rolling average of home prices. Case Shiller Posts Highest Growth Rates …
