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How Does An Interest-Only Mortgage Work?

Posted on October 2, 2013 by joeglez

When you have been researching your different options for a mortgage on your home, you might have heard of an “Interest-Only Mortgage”. What exactly does this type of mortgage mean and how does it work?

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Posted in Mortgage Tips | Tags: Mortgage Tips,Interest Only Mortgage,Home Buyer Tips |

Don’t Let Confusion With Mortgage Jargon Cost You

Posted on October 1, 2013 by joeglez

A recent study of US and UK home buyers, conducted by the London based Nationwide Building Society, found that more than 40% of people buying homes were confused by the jargon that lenders used to describe mortgages.

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Posted in Mortgage Tips | Tags: Mortgage Tips,Mortgage Jargon,Housing Market |

What’s Ahead For Mortgage Rates This Week-September 30, 2013

Posted on September 30, 2013 by joeglez

What’s Ahead For Mortgage Rates This Week-September 30, 2013

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Posted in Housing Analysis | Tags: Housing Analysis,Mortgage Rates,Federal Reserve |

5 Cool Ideas For Green Home Remodeling

Posted on September 27, 2013 by joeglez

Every home seems to have a never-ending remodeling list. As you consider tackling your next project, it usually pays off if you also think about helping the environment.

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Posted in Around The Home | Tags: Around The Home,Home Improvement,Home Maintenance |

4 Quick Tips On Becoming A Young Real Estate Investor

Posted on September 26, 2013 by joeglez

Investing in property at a young age seems like a bit of a daunting prospect sometimes. Most young people don’t have a lot of disposable income, often have poor credit and perhaps even student loans.

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Posted in Home Buyer Tips | Tags: Home Buyer Tips,Home Financing Tips,Housing Market |

Case Shiller Price Index Shows An Annual Growth Rate Of Home Prices

Posted on September 25, 2013 by joeglez

Home prices were still gaining in July, but for 15 of 20 cities included the S&P/Case-Shiller 10 and 20-city Home Price Indices, the pace of increasing home prices is slowing down. National home prices rose by 1.80 percent in July as compared to 2.20 percent in June. Home prices grew by 0.60 percent from June to July on a seasonally-adjusted basis. This was the lowest month-to-month gain since September 2012.

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Posted in Housing Analysis | Tags: Housing Analysis,Housing Market Index,Mortgage Rates |

Highest Existing Home Sales Since February 2007

Posted on September 24, 2013 by joeglez

Sales of existing homes reached their highest volume in almost six years in August. The National Association of REALTORS reported Thursday that sales of existing homes rose 1.70 percent in August to a seasonally-adjusted annual rate of 5.48 million existing homes sold.

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Posted in Housing Analysis | Tags: Housing Analysis,Home Buyer Tips,Housing Market |

What’s Ahead For Mortgage Rates This Week — September 23, 2013

Posted on September 23, 2013 by joeglez

Last week’s economic news was dominated by the Federal Reserve’s decision not to taper its $85 billion in monthly securities purchases.

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Posted in Housing Analysis | Tags: Housing Analysis,Mortgage Rates,Housing Market |

Quick Tips To Beat Out Cash Buyers

Posted on September 20, 2013 by joeglez

You’ve been searching for the perfect home for quite a while, and finally, you’ve found it! You get all of your finances in order and place an offer on the house.

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Posted in Home Buyer Tips | Tags: Home Buyer Tips,Home Prices,Housing Market |

Fed Meeting Minutes Expose Mortgage Rates As Remaining Historically Low

Posted on September 19, 2013 by joeglez

The Federal Open Market Committee of the Federal Reserve decided not to reduce the Fed’s current quantitative easing program of purchasing $85 billion monthly in Treasury securities and mortgage-backed securities.

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Posted in Federal Reserve | Tags: FOMC Minutes,Mortgage Rates,QE Program,Chairman Bernanke |

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