Recent Posts

Rising Housing Market Likely to Lift Job Mobility

Home owners are starting to feel freer to move where the jobs are, Reuters reports, as worries about homes that won’t sell or will sell at a loss begin to fade. Since early 2012, home prices in the major metro areas have been rising. Homes are also selling faster: It took 62 days, on average, [...]

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Big Predictions for Housing for Next 2 Years

Home sales are projected to post some big gains in the next two years, according to Fannie Mae’s latest monthly economic outlook. Fannie Mae economists predict that existing-home sales will rise by 10.5 percent this year, and by 6.2 percent in 2014. The economists made even bolder projections for new single-family home sales — growing [...]

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FHA loans get pricier April 1

The Federal Housing Administration will charge borrowers higher mortgage insurance premiums on new FHA loans starting next week. If you are planning on getting an FHA loan in coming days, make sure your lender gets a case number from the FHA before Monday to avoid the higher fee. Lenders normally can get the case number assigned to [...]

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