Thursday, July 30, 2015

Home Ownership Dips to Lowest Level in Almost 50 Years

The U.S. homeownership rate fell to 63.4 percent in the second quarter of 2015, according to the U.S. Census. That is down from 63.7 percent in the first quarter and from 64.7 percent in the same quarter of 2014. It marks the lowest homeownership rate since 1967.
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Pool Home #3 in our series. Rank it on a scale of 1-10 please, for its appeal in Backyard Oasis category?


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Thursday, July 16, 2015

Millions could be saving $200 a month on mortgages

About 6.5 million mortgage borrowers could qualify for and benefit from refinancing their home loans, according to the "Mortgage Monitor Report" from Black Knight Financial Services, which could translate into massive savings for those consumers.
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Check out the row of windows upstairs. Looks like a commercial property more than home doesn't it? Thoughts?


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Tuesday, July 14, 2015

Finally, Housing Recovers

The way things used to work, the housing sector was typically the one to lead the United States out of economic hard times. That’s because central bankers tend to loosen monetary policy coming out of a recession, and mortgage demand – and thus, the health of the housing market – is particularly sensitive to interest rates.
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Every once in a while I love to bring it all back to a traditional home and yard. Works for me, how about you?


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Every once in a while I love to bring it all back to a traditional home and yard. Works for me, how about you?


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Thursday, July 9, 2015

Guess Who Won't Be Able to Buy a Home If Interest Rates Keep Rising

Mortgage rates hit a 2015 high when the national average rate on a 30-year fixed-rate mortgage hit 4.08% earlier this week, according to Freddie Mac's weekly survey. That's lower than where the U.S. average was at this time last year (4.12%), but home loan pricing (rates, loans and fees, taken together) has been on the rise for most of 2015, pushing homeownership out of reach for many Americans, as the cost of a mortgage creeps up.
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LOCATION means everything, but I think this home would probably be perfect almost no matter where it was? With that said, let's leave it right where it is, shall we?


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