CoreLogic has released its 2015 Housing Outlook that forecasts improvement in both the housing market and the economy. The report suggests that, as employment continues to grow, an increasing number of millennials will begin to buy homes. Lower oil prices will aid the housing market by decreasing energy consumption costs. Home price growth will remain…

Freddie Mac has put together a few housing market predictions for the new year, including expectations of refinance and home improvement activity to exceed purchase activity. Home values are expected to increase approximately 3%, and the multifamily housing market will continue to flourish. Additionally, they expect home sales to increase around 3% and interest rates…

According to Black Knight Financial Services, as many as 25% of American borrowers with 30-year mortgages could benefit from refinancing their homes. Trey Barns, the senior vice president of Loan Data Products for Black Knight Financial Services said, “before the most recent reductions in the average 30-year mortgage interest rate, approximately six million borrowers met…

As we age, we tend to require or desire a smaller living space. If you are in the process of downsizing or even considering a change, here are a few tips that may make the process easier: Decide which possessions you can not part with, this will give you a general idea of how much…

As your family or lifestyle changes you may consider adding extra space to your home rather than moving into a new space. Here are some tips you should consider before adding extra living space to your home: Look at your options and decide if you want to hire an architect or skip that step and…

Home prices have gradually increased this year, and while that trend is expected to continue into the first of the year, Capital Economics has stated that home price gains will begin to level out. Experts believe that as we progress into 2015, price gains will average around 4%. Supply is expected to increase helping home…

According to Realtor.com, 2015 may be a big year for the housing market. First-time homebuyers are expected to make a significant return to the market next year, and home sales are predicted to increase by approximately 25%. Experts have compiled a list of some expected hot housing markets in 2015 that take into account affordability,…

Mortgage rates have fallen to the lowest level since May 2013, according to recent data released by Freddie Mac. The 30-year fixed-rate loan averaged 3.8% nationally this week, while the 15-year fixed-rate loan averaged 3.1% nationally. 10-year Treasury yields have also fallen to the lowest rate seen in 7 months. The vice president of HSH.com…

A new study From Harvard Business School has found that the warm, fuzzy feeling you get when you give a gift might not be a coincidence. Giving has now been linked to long-term positive health benefits. The study involved a focus group, with some people giving various amounts of money to shoppers while the other…

Taking care of the siding on your home can save you the expense of major repairs, or having to replace the siding entirely due to neglect. A few things you can do to ensure your home’s siding looks great and works efficiently are: Clean your siding with soap, water and trisodium phosphate (you should be…