6 Tips for First-Time Buyers
Everyone who’s ever purchased a home can remember how overwhelming the experience was the first time he or she did it. There is a lot of ground to cover, and the landscape is continually changing. Recent blog posts have covered some mortgage terminology, and some changes in the industry. Today, the Boston Globe provides some higher…
Read MoreHome Remodeling: There’s an App for That
Have you heard of Porch or Houzz? If not, and you’re considering a remodel, you should probably check them out. CNBC provides in-depth coverage of the now booming remodeling digital app industry. Both Porch and Houzz allow you to connect with local professionals, but each provides a slightly different service beyond that. Porch gives you historical data…
Read MoreHome Remodeling: There’s an App for That
Have you heard of Porch or Houzz? If not, and you’re considering a remodel, you should probably check them out. CNBC provides in-depth coverage of the now booming remodeling digital app industry. Both Porch and Houzz allow you to connect with local professionals, but each provides a slightly different service beyond that. Porch gives you historical data…
Read MoreWith Delinquencies Down, Where Do Home Prices Sit?
Mortgages that are at least 30 days late dropped to the lowest level since the second quarter of 2007, according to Bloomberg. New loans entering foreclosure are back to the historical average of 0.45%. But while new loans may be back to average, we still haven’t completely worked through the foreclosures that occurred during the crash —…
Read MoreBuzzworth Remodeling Tips
Buzzfeed may be famous for their shocking headlines and not-always-so-uplifting content, but sometimes they come out with stuff that is actually great and useful. This collection of 31 Insanely Clever Remodeling Ideas is just such a time. To be sure, not all of their suggestions are completely practical. Nevertheless, they’re all entertaining, and some of them are…
Read MoreNot A U.S. Citizen? Getting A Mortgage May Be Easier Than You Think
Fully 60% of homes purchased in the U.S. by foreigners are paid for in cash. Some of that, of course, is rich people abroad making investments. But much of it is from people who have green cards or valid work visas, and simply (and incorrectly) think it’s impossible for them to get a mortgage. The…
Read MoreBeware! Home-Repair Scam Season!
With winter over, many people are looking to do lots of repairs, from storm drains, to shingles, to shudders. On top of that, with thunderstorms, tornadoes, hurricanes, and every other kind of spring weather coming through, you can definitely call this home-repair season. And conmen know that. Of course, you need to get your home…
Read MoreGoogle Joining Amazon in The Home Repair Act
The Tuesday blog update was about Amazon getting into the home repair business (or at least, the business of locating home repair services). It looks like Google wants in on the act, too. Rumors are circulating that the search giant will be augmenting its comparative mortgage and insurance tools with the ability to search for…
Read More8 Year Later, Still No Private Money; Fannie & Freddie Running on Fumes
It’s been eight years since the sub-prime mortgage shutdown in 2007. Overall, the market seems to be doing fairly well, and while the U.S. economy may still not be firing on all cylinders, it’s certainly pointed in the right direction. But this belies a dirty little secret: the mortgage industry is still backed by the…
Read MoreHomeownership vs. Household Formation
Everyone is familiar with the concept of homeownership, but you may be less familiar with the economic indicator, “household formation” — and it’s something to which you should pay attention if you’re not buying or selling right now, but planning to do in the future. As the Wall Street Journal explains, “When the economy stumbles…
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