The National Association of Realtors (NAR) reported that existing-home sales in August were the highest they’ve been in 17 months. They were up 1.3% from July and gained 2.6% over August 1018’s sales rate. What Are Existing-Home Sales? As the term implies, existing-home sales refers to completed resales of existing Continue Reading →
The Trade War with China caused mortgage rates to plummet this week. Though it remains to be seen how the economy as a whole will be affected in the long term, it’s great news right now for home buyers looking to lock in a low interest rate. Those benefitting most, Continue Reading →
If you have an existing VA loan, now is the time you might want to consider refinancing it as an Interest Rate Reduction Refinance Loan (IRRRL). It may sound like a mouthful, but it is a great option for many veteran homeowners looking for VA loan refinancing. Refinancing a VA Continue Reading →
So many of today’s homeowners are sitting on a mountain of equity, but sometimes there’s not much you can do with it until you sell. The problem is once you sell, you won’t be getting any more equity on that property if home prices continue to rise. In many cases, Continue Reading →
As of December 31, 2018, the Home Affordable Refinance Program (HARP) is being eliminated by Fannie Mae and Freddie Mac. This program was originally established to help homeowners who were struggling after the housing bubble burst in 2008. Since the economy (and especially the housing and lending markets) have recovered Continue Reading →
