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Archive | July, 2010

25 Cities In Which To Get A Bang For Your Homebuying Buck

July 19, 2010

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CNNMoney.com recently ran a piece titled “Where Homes Are Affordable”, listing 25 communities around the U.S. in which median incomes are relatively high and median homes are relatively low. It’s a housing market “bank for your buck” list.

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The Fed’s June Minutes Keep Mortgage Rates In Rally-Mode

July 16, 2010

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At 7,333 words, the June Fed Minutes is the unabridged version of the more well-known, post-meeting press release. The corresponding press release was just 360 words. It turns out, the Fed’s words are doing wonders for mortgage rates.

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Foreclosure Activity Slows Again In June 2010

July 15, 2010

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June marks the 16th straight month the filings topped 300,000. 1 in every 411 U.S. homes received some form of notice last month with foreclosure density varying wildly from state-to-state. Like everything else in real estate, it seems, foreclosures are a local phenomenon.

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Mandatory Loan Fees Keep Borrowers From Getting Their Absolute Lowest Rate

July 14, 2010

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Conforming mortgage rates may be posting all-time lows this week, but that doesn’t mean you’ll be eligible for them. You may have already called your loan officer and found this out the hard way. It’s because of a federally-mandated mortgage-pricing scheme known as “loan-level pricing adjustments”.

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Should You Refinance Your ARM, Or Let It Adjust Lower?

July 13, 2010

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If your adjustable rate mortgage is due to adjust this year, don’t go rushing to replace it just yet. Your soon-to-adjust mortgage rate may actually go lower this year.

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How To Install A Ceiling Fan In Your Home

July 12, 2010

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Up to 50% of your home’s energy bill can be tied to heating and cooling costs. Thankfully, it’s easy to lower those bills. The addition of a ceiling fan can cut your household energy bills dramatically.

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The Flawed Home Price Index Shows Home Values Up 0.8 Percent

July 9, 2010

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Last week, the Case-Shiller Index reported home values up 0.8 percent across 20 tracked markets. The public-sector Federal Housing Finance Agency has reached a similar conclusion.

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Household Finances : Which Bills Should I Pay First?

July 8, 2010

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Morning television can be “light”, but as far as personal finance interviews go, this Suze Orman segment from The Today Show is loaded with practical financial planning advice.

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June’s Jobs Report Wasn’t As Bad As The Headlines (And How You Can Take Advantage)

July 7, 2010

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At first glance, the June jobs report looks weak but a deeper look shows something different.

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How To Improve Your Home’s Indoor Air Quality

July 6, 2010

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An EPA study shows that close to dozen common air pollutants are 2 to 5 times more concentrated indoors versus outdoors, regardless of whether the home is is located in Rural America, or in an industrial zone.

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