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Real Estate Chart of the Day
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It's taken 3 years, but April's Existing Home Sales report shows evidence that all that government stimulus is finally taking hold.
The 2012 conforming loan limits vary by property-type and location. See what your area's conforming mortgage and jumbo loan limits are in 2012.
"Good" jumbo mortgages are tough to find. There are big price differences from bank-to-bank. Here's how to find banks with low jumbo rates.
Cash-in mortgages are in demand, but are they right for you? Check your alternatives first including FHA Streamline Refinance, HARP II, and the jumbo market.
It's a single-focus market, folks, and Greece is the word. If you're shopping for mortgage rates, heads-up.
With adjustable-rate mortgage rates available under 3 percent, it's a terrific time to look at ARMs.
Jumbo home buyers save 27% on their monthly mortgage payment as compared to 2 years ago. It's no wonder the jumbo housing market is thriving. Not only are home prices down, but so are home payments.
Purchase price has less to do with home affordability than you think. The real key is mortgage rates. For every 0.125% increase in mortgage rates, a buyer's maximum purchase price falls by 1.35 percent.
Over the last 60 days, bank checking accounts are paying 38% more interest, and interest rates are approaching a 2-year high. It's an insider's signal that a surge in jumbo mortgage rates is coming.
Since mid-April, mortgage rates have been falling, shedding more than a entire percentage point along the way. For homeowners carrying a $300,000 mortgage, the rate drop is equivalent to $180 in monthly savings. But, that's all over now. In this brief, 2-minute mortgage market summary, you'll get a quick breakdown of what's happening, and why.
In contrast to early-2010, luxury home sales now lead the housing market forward.
Clearly, some states are more foreclosure-heavy than others. And always have been.
