Mortgage rates have troughed. Or, so it seems.
Fed Minutes Suggest New Economic Stimulus Next Week
The Federal Open Market Committee released its November 2011 meeting minutes, revealing a Fed split on whether new stimulus is needed for the U.S. economy.
How To Install A Dimmer Switch
In this 2-minute video, you’ll learn how to reduce your home’s standard on/off lighting switches using dimmer switches. The dimmer-switch project is a do-it-yourselfer and requires only basic handyman experience.
More Housing Strength : Pending Home Sales Surged In October
After 3 consecutive months of easing, the Pending Home Sales Index jumped 10 percent in October, lending credence to the belief that housing is in recovery.
Friday’s Jobs Report Represents A Big Risk To Low Mortgage Rates
At 8:30 AM ET Friday, the government’s Bureau of Labor Statistics will release its November Non-Farm Payrolls report. Have you been floating a mortgage rate? It may be time to lock.
Case-Shiller Index: 17 Of 20 U.S. Housing Markets Slipped In September
Standard & Poor’s released its September 2011 Case-Shiller Index this week. The index tracks home price changes in select cities between months, quarters, and years. The Case-Shiller Index for September showed drastic devaluations nationwide.
New Home Supplies Fall To An 18-Month Low
If you plan to buy of new construction in 2012, don’t expect today’s low prices. Like everything in housing of late, the market for newly-built homes appears to be improving.
Home Improvement Projects : How Much Equity Will You Build?
According to Remodeling Magazine’s Cost vs Value Report 2011-2012, for each home improvement dollar spent in 2012, homeowners can expect to recoup just 58 cents in home equity.
Conforming Loan Limits Unchanged For 2012
In 2012, for the 7th straight year, the national, single-family conforming mortgage loan limit will remain at $417,000.
More Sales, Less Inventory : Home Prices Headed Higher?
The housing market continues to signal that a broad rebound is underway. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide.