October 21, 2011 - 1:07 PM
Throughout the week we come across all sorts of fantastic real estate, home improvement and technology tidbits that don’t always fit into our blog posts, but that we want to share with you all the same. Welcome to Friday Finds!   • Drum roll, please: presenting The Worst Room of the Year! Excuse me while I... Read More

Friday Finds

Throughout the week we come across all sorts of fantastic real estate, home improvement and technology tidbits that don’t always fit into our blog posts, but that we want to share with you all the same. Welcome to Friday Finds!

 

October 21, 2011 - 12:59 PM
Too Many Applications You might expect the declining interest rate to have immediate positive impact on the home-buying market. However, because the low rate entices those who are already homeowners to refinance into loans with cheaper long term interest rates, the overall effect on banks is overload. Even... Read More
October 20, 2011 - 1:00 PM
It’s no secret we think our mobile apps are pretty sweet, and our free iPhone and iPad apps just got a little sweeter with the addition of StreetSketch™.  StreetSketch™ allows potential homebuyers to draw a free-form search area on the map and create highly personalized results. Say there’s a certain... Read More
October 19, 2011 - 12:00 PM
With banks clamping down on new home loans, “non-traditional” homebuyers struggle more than ever to win approval for their applications. A bank may consider anyone from a single-parent to a freelance worker too high a risk these days, leaving many Americans without a chance of achieving homeownership. But if... Read More

Advice for “Risky” Loan Applicants

With banks clamping down on new home loans, “non-traditional” homebuyers struggle more than ever to win approval for their applications. A bank may consider anyone from a single-parent to a freelance worker too high a risk these days, leaving many Americans without a chance of achieving homeownership. But if you’re among the “non-traditional,” don’t despair.  Help is out there.

Single Parent Support

October 18, 2011 - 10:01 AM
It’s happened more times than we can count: we’re talking or emailing with one of our agents, and during the course of our conversation they share an amazing story or insight with us – something that is so poignant, heartfelt (and at times, pretty darn funny) that we immediately wanted to shout it from the... Read More

We’re Getting UnZipped!

It’s happened more times than we can count: we’re talking or emailing with one of our agents, and during the course of our conversation they share an amazing story or insight with us – something that is so poignant, heartfelt (and at times, pretty darn funny) that we immediate

October 17, 2011 - 3:11 PM
The figures are in, and they’re disturbing: The Federal Financial Institutions Examination Council reports that 2 million people were turned down for mortgages in 2010; and lending restrictions are only getting stricter. Reducing Risks Takes Top Priority The logic of loan application denial hardly qualifies... Read More

The who, what, when and why of mortgage loan denial

The figures are in, and they’re disturbing: The Federal Financial Institutions Examination Council reports that 2 million people were turned down for mortgages in 2010; and lending restrictions are only getting stricter.

Reducing Risks Takes Top Priority

October 14, 2011 - 1:01 PM
Throughout the week we come across all sorts of fantastic real estate, home improvement and technology tidbits that don’t always fit into our blog posts, but that we want to share with you all the same. Welcome to Friday Finds!     Big news in the housing market – average mortgage rates swooped down to... Read More

Friday Finds

Throughout the week we come across all sorts of fantastic real estate, home improvement and technology tidbits that don’t always fit into our blog posts, but that we want to share with you all the same. Welcome to Friday Finds!

 

 

October 14, 2011 - 9:45 AM
First, the Bad News Americans would pretty much have to have their heads in the sand not to know that the country is experiencing a foreclosure crisis unlike any we’ve seen in our lifetime. Four years after the crash, the federal government remains under enormous pressure to help stem the wave of... Read More

Having Trouble Repaying your Loan? Help is Out There

First, the Bad News

Americans would pretty much have to have their heads in the sand not to know that the country is experiencing a foreclosure crisis unlike any we’ve seen in our lifetime. Four years after the crash, the federal government remains under enormous pressure to help stem the wave of foreclosures that continue to sweep across the nation.

October 12, 2011 - 11:10 AM
Would You Pay Your Kid’s Mortgage? Creative Ways to Finance a Home, Part 1 With more banks saying no to loans, homebuyers and sellers are getting creative. Today and Friday we’ll bring you fresh ideas to finance a home even as banks make it harder to do so. Parents Becoming Lenders Before your roll your eyes... Read More

Would You Pay Your Kid’s Mortgage? Creative Ways to Finance a Home, Part 1

Would You Pay Your Kid’s Mortgage? Creative Ways to Finance a Home, Part 1

With more banks saying no to loans, homebuyers and sellers are getting creative. Today and Friday we’ll bring you fresh ideas to finance a home even as banks make it harder to do so.

Parents Becoming Lenders

October 10, 2011 - 11:00 AM
In May of 1981, the interest rate on a home mortgage hit 20.5%. This was—and still is—the highest it ever climbed, but it hovered in the 20% range from 1980 to 1982, when it began a slow and anything but steady descent.  (For a complete history of American mortgage interest rates, see Mortgage-X Mortgage... Read More

Just How much Do Interest Rates Affect Monthly Payments? Time Travel to Find out

In May of 1981, the interest rate on a home mortgage hit 20.5%. This was—and still is—the highest it ever climbed, but it hovered in the 20% range from 1980 to 1982, when it began a slow and anything but steady descent.  (For a complete history of American mortgage interest rates, see Mortgage-X Mortgage Information Service’s table here.)  Today, the mortgage rate in this country has fallen under 4% for a 30-year fixed mortgage.

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