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It’s the perfect time of year to get out and complete some necessary tasks to ensure your home is well-maintained, safe, and looking its best. A few things you should add to your fall to-do checklist are: Clean out your gutters; seal cracks and gaps around doors and windows; inspect your home’s siding and roof,…

According to the Mortgage Bankers Association, U.S. home mortgage applications increased last week, and interest rates dropped. The MBA’s seasonally adjusted index of mortgage application activity grew 3.8%, and their seasonally adjusted index of refinancing applications also increased 5.0%. Additionally, the  loan requests for home purchases, a direct indicator of home sales, also jumped 2.4%…

Mortgage rates have slightly decreased, according to Freddie Mac’s Primary Mortgage Market Survey. The national average 30-year, fixed-rate mortgage fell 0.7% this week, averaging 4.12%. While the 15-year, fixed-rate mortgage also decreased 0.6% this week, averaging 3.36% nationally. Additionally, the five-year Treasury-indexed hybrid adjustable-rate-mortgage fell 0.1% averaging 3.05% nationally, and the 1-year Treasury-indexed ARM remained…

According to CoreLogic’s house price index, home prices increased 0.3% month over month in August, the highest increase seen in five months. Home prices have remained mostly steady over the last year, though data shows that August 2014 prices were only about half of the average monthly gain seen in August of 2012 and 2013.…

Everyone has dreaded home tasks that need to be done in order to keep a well-maintained and efficient home and lifestyle. While some may have time for all the various jobs around the home, others are pressed for time and simply cannot get all the work done on their own. Here are a few tasks…

More Americans are attempting to pay off their home loans faster, and according to the recent U.S. Census data, 34% no longer have mortgages. While it may be difficult, there are methods that can help paying off your home more quickly such as, paying extra monthly payments or just adding $100 onto your monthly payment;…

According to recent data from CoreLogic, the national level of foreclosures decreased 22.2% year-over-year in August with an average of 45,000 complete foreclosures. Anand Nallathambi, CoreLogic’s president and CEO said, “the number of foreclosures completed during the last 12 months is at the lowest level since November of 2007. At current foreclosure rates, the shadow…

Data suggests that many millennials are waiting until the job market improves before buying a home. While home affordability has bettered, and interest rates remain fairly low, the majority of the millennial generation is delaying home ownership until they have landed their first professional job. Experts say that millennial home ownership and job growth have…

Reverse mortgages have begun to gain more positive attention as new laws make the option more attractive to both borrowers and loan officers. In the past, there were some concerns, but now that new laws protect the borrower, the option has become safer, and ultimately, more appealing. Reverse mortgages have ensured that many older Americans…

According to the Bureau of Economic Analysis, Americans are spending more money again, a good sign for the economy. Durable goods purchases increased approximately 2% last month compared to July. Car sales also jumped, which is a positive sign as many people don’t make large purchases when they are not confident in their personal finances.…