Interest Rates falling on Mortgages – Mortgages

Interest: “The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 3.6% in the group’s seasonally adjusted composite index. That followed a rise of 1.9% for the previous week. The prior week’s report was adjusted to account for the July Fourth holiday. Mortgage loan rates increased on three types of loans…

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Tap into your Equity, right now! – Sellers

“Homeowners are treating their castles like cash registers again. Borrowers took out about 230,200 home-equity lines of credit in the first quarter, up 9% from a year prior, letting them tap up to $23.4 billion, the highest quarterly amount since 2008. The average credit line in March was $100,207, up 4% from a year earlier…

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Mortgage Distress? No Fear! – Short Sales and Foreclosures

Mortgage: “ The Making Home Affordable (MHA) program, which includes both the Home Affordable Refinance Program (HARP) and the Home Affordable Modification Program (HAMP), has been extended through December 31, 2016.” Mortgage payments are difficult, people. We’re all aware, and no one’s pretending that the struggle isn’t real. However, push your worries aside slightly, for…

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Apps YOU Need for House Hunting – Buyers

Apps: “From enabling us to virtually walk through an open house to instantly learning about the social scene in a neighborhood we’re thinking about moving to, a new generation of apps and other technologies are taking the real estate shopping experience to the next level. “There’s been a revolution in innovation,” said Alex Perriello, CEO…

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