May 10, 2011 Home values showed the sharpest quarterly declines since 2008, falling 3% in the first quarter this year, according to Zillow’s real estate market report. Zillow said national prices were down 8.2% year-over-year to $169,000. Since peaking in June 2006, home values have fallen 29.5%. Out of the 132 markets covered by Zillow, [...]
Category | Loan Programs
The freefall continues. According to many leading forecasters, home prices are expected to drop further in the first half of this year, then rebound later in the year. The expectation is that unemployment will slide a bit, sparking purchases in housing. Forecasters are looking for a 5-8% increase in home sales by the end of [...]
November 10, 2009 Ever wonder why you can get a better deal going through a mortgage broker than you can if you go directly to a lender? After all, the mortgage broker just turns around and sells it to a major national lender anyway? So logic dictates that cutting out the “middle man” should yield you [...]
November 10, 2009 I am frequently asked about bi-weekly mortgage programs and whether or not they are a good choice. As my readers know, I always like to give the short and sweet answer first which is NO, they are not. But for those looking for an explanation I offer an in depth look at [...]
