by Jon Terry | Aug 3, 2012 | Blog, Personal Finance
With mortgage rates down to all-time lows, you can buy a lot more home for your money. Home affordability is at an all-time high. According to last week’s Freddie Mac mortgage rate survey, the average 30-year fixed rate mortgage has dropped to 3.62%...
by Jon Terry | Aug 1, 2012 | Blog, The Economy
When the calendar flips to a new year, analysts and economists like to make predictions for the year ahead. So, today, with the year half-complete, it’s an opportune time to check back to see how the experts’ predictions are faring (so far). If...
by Jon Terry | Jul 29, 2012 | Around The Home, Blog
During summer months, a lush, green lawn can transform into a brown one within weeks. Heat while oftentimes a catalyst, is not always the culprit. As a homeowner, you can take precautions to minimize the likelihood of a brown lawn. First, let’s look at the...
by Jon Terry | Jul 27, 2012 | Blog, Housing Analysis
Home resales slipped more than 5 percent last month, putting a damper recent housing market enthusiasm. According to the National Association of REALTORS®, Existing Home Sales fell to 4.37 million units in June 2012 on a seasonally-adjusted annualized basis. This is...
by Jon Terry | Jul 25, 2012 | Blog, Mortgage Rates
Another week, another new low for mortgage rates. According to Freddie Mac’s weekly Primary Mortgage Market Survey, the 30-year fixed rate mortgage rate fell 3 basis points to 3.53% last week nationwide. The 3.53% mortgage rate is available to mortgage...
by Jon Terry | Jul 3, 2012 | Blog, Housing Analysis
The Federal Home Finance Agency’s Home Price Index shows home values up 0.8% in April on a monthly, seasonally-adjusted basis. April marks the third consecutive month during which home values increased and the index is now up 3 percent from last year at this...
