December 12, 2011 by Marc Krebs
"It’s on the market for what?" "It sold for what?" "Interest rates are what?" "Wow!" Those comments are ones we are hearing often these days. It’s hard to believe that interest rates can be hovering around 4%. And when you can buy it cheaper than you can build it, the concept of undervalued beco...
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July 7, 2011 by Ann McLaurin
The foreclosure process is not very difficult to understand. There are several stages during which the homeowner has an opportunity to bring the loan current and avoid foreclosure. Below is a generalized breakdown and may differ state to state.
Missed payments. The first sign that foreclosure is ...
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June 16, 2011 by Ann McLaurin
An important part of buying a house is sitting down with your mortgage lender to get a clear idea of how much you can afford, prior to your beginning your home search. Your income, savings, and monthly expenses play an important role in determining how large a mortgage you can afford. Your lende...
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May 3, 2011 by MSI
Each month many Americans await the
release of real estate numbers from the National Association of Realtors® (NAR),
as these figures impact us all in so many ways. Since the real estate peak in
2005, we have anxiously awaited a true sign of recovery. While percentages may
tick up slightly a...
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April 7, 2011 by MSI
So many times while reading the news,
reference is made to a ‘healthy’ housing market, but, in reality, what is that?
And, when can we expect a return to that ‘healthy’ place. Two weeks ago, the
American public received more ‘bad news’ regarding the housing mar...
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March 7, 2011 by MSI
Over the past several years, due
primarily to the economic conditions in the U.S., individuals have struggled to
maintain or improve their credit scores, which are critical to their ability to
make large purchases, especially homes and automobiles. Unemployment, reduced
wages and eliminated bonu...
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January 10, 2011 by MSI
Rates on a 30-year fixed mortgage
fell to a 40-year low of 4.17 percent in November, but analysts predicted that
rates would begin to rise as we entered 2011 and, over the past several weeks,
that has become a reality mortgage rates rising two-thirds of a percentage
point. From one perspective t...
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December 2, 2010 by MSI
Two million Americans are in the midst of preparations and contingency
plans as they face the end of their unemployment benefits in December. And,
while unemployment nationwide has fallen to 9 percent in October from 10.6
percent in January 2010, we remain in the midst of the second worst employm...
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