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Daily News And Advice
Updated 03/10 01:00 AM CST
Formosan termites are not going to spring from bags of mulch and chew your home into sawdust, but if you took a few seconds to examine the rumor instead of spreading it, you already knew that. FULL STORY ->Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.37 percent, with an average 0.6 point, for the week ending March 9, 2006, up from last week's average of 6.24 percent. Last year at this time, the 30-year FRM averaged 5.85 percent. The 30-year FRM has not been higher since September 5, 2003, when it was 6.43 percent. FULL STORY ->Unfortunately, many homeowners find that once they buy a new home, they have also purchased into yet another level of government. FULL STORY ->How could I have lost $100,000 on a new condo? Should I get a mortgage and a home equity loan at the same time? Can someone be both a broker and a lender in the same transaction? Peter G. Miller looks at the week's most interesting questions for Realty Times. FULL STORY -> |
Renewed 30-year bond sales and Fannie Mae's vote of approval is giving a boost to 40-year mortgages that come with payment breaks for cash flow-minded consumers coping with high-housing costs. FULL STORY ->Tom Kelly's latest real estate book is a must-read for boomers in search of the rest of lives. FULL STORY ->A new poll highlights the importance of making the home look good -- and smell good -- if you want to sell your home fast and get top dollar. FULL STORY ->It's the land, stupid. Say what they want about customer service and faster building cycles, builders make the lion's share of their money off the land. Lew Sichelman has a preview of research that won't be published for several months. FULL STORY ->Homeowner associations are often portrayed as the detached governed by thankless volunteers. So how should this union of the unwilling go about acquiring the wisdom it needs? FULL STORY ->Proposed federal certification for renovators working in homes likely to contain lead-based paint is the latest effort to eliminate childhood lead poisoning as a major health concern by 2010. FULL STORY ->As world demand for natural resources grows, have you wondered whether any of Canada's vast store of geologic riches lies hidden under your real estate? PJ Wade cautions that even if oil or mineral deposits were discovered, you might not have the right to exploit the find. FULL STORY ->Builders in some areas are offering discounts of as much as $100,000. Is it crunch-time for speculators? Peter G. Miller comments. FULL STORY ->Rural households are not connected to broadband Internet services more often than non-rural homes and one key reason why could mean extra cost to those who need a fast Net in a rural home. FULL STORY ->Are you a first time homebuyer with limited income? Be aware of the dangers of interest only loans. FULL STORY ->Defying the predictions of many economists, housing price appreciation continued to barrel along in double digits during the final quarter of 2005, according to the latest federal study. Nationwide average close to 13 percent, but Sun Belt and retiree havens in Florida and Arizona rack up 30 percent gains and higher. Ken Harney reports. FULL STORY ->The housing market is sending signals to home owners who've put off home improvements. Schedule the work now, before the spring rush makes it difficult to find good help. FULL STORY ->Commercial loans are often based on more than just the credit history of the person applying for the loan. FULL STORY ->What the owner-occupied housing market is losing the rental market is gaining with higher rents and tighter supplies. Renters who plan to stay put should lock in long-term contracts. FULL STORY ->Wasn't it just a couple of years ago when interest rates were nearly sub-zero and you and your very smart loan officer thought it would be a great time to pull out a little equity, maybe pay off some credit cards while you're at it and drop your total monthly payments by a gazillion dollars each month? FULL STORY ->
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