According to foreclosure-tracking firm RealtyTrac, monthly foreclosure filings fell 2 percent in May to just under 215,000 filings nationwide. Foreclosure counts have now dropped over 16 consecutive months, dating back to January 2010.
Mortgage Rates Surge On May Retail Sales Figures
Retail Sales rose for the 11th straight month in May. Excluding cars and auto parts, sales receipts climbed to $322 billion last month. It’s an all-time high and another example of the U.S. economy’s resiliency.
Is This The Start Of A Refi Boom? Mortgage Rates Fall For 8 Straight Weeks.
Mortgage rates have dropped 8 weeks in a row. Not even last year’s Refi Boom produced an 8-week winning streak. This season’s streak is historic.
20 Craft Projects To Spice Up Your Home
If you have a flair for home decoration projects, Better Homes & Garden has some terrific ideas for you on its website.
Do You Know What Questions To Ask Your Lender?
In this back-to-basics interview, you’ll learn some mortgage planning basics to help you get smarter with your next home loan — purchase or refinance.
Moving To A New City? See How Much Your Cost Of Living Will Change.
It’s a fact: It’s more expensive to live in some cities than others. Beyond just the costs of buying a home, different cities also carry a different Cost of Living. For households relocating across state lines, the change in “life costs” can be jarring.
Temporary Conforming Loan Limits Expire September 30, 2011
If you live in a high-cost area, keep an eye on your calendar. Effective October 1, 2011, temporary conforming loan limits will be lowered nationwide. Perhaps by as much as 14 percent.
“Homes Under Contract” Plunge 12 Percent In April
Hurt by foul weather and a soft market, the Pending Home Sales Index plunged 12 percent in April.
The 50 Most Expensive Small Towns In The United States
In a recent BusinessWeek analysis, it was shown that one-third of the nation’s 50 most expensive small towns experienced a median price increase between 2010 and 2011.
Case-Shiller Shows Home Values Rolling Back 9 Years
The March Case-Shiller Index was released this week and it corroborates the findings of the government’s most recent Home Price Index — home values are slipping nationwide.