Last week's readings on new and existing home sales provided further evidence of strengthening housing markets. Both categories of home sales exceeded December's readings. Consumer sentiment was lower in February than for January and average rates … [Continue reading]
If Your Home Is Destroyed in a Natural Disaster, What Happens to Your Mortgage?
When you've been in your home for a while and have established a certain amount of equity, it can be a good feeling to know that you have an investment you can count on. However, with changing weather patterns you may be afraid of a natural disaster … [Continue reading]
FHA Mortgage Insurance Premiums Are Going Down: Here’s What You Need to Know
With the announcement by the Department of Housing and Urban Development that the Federal Housing Administration (FHA) is set to reduce its rates, it's an exciting time for many homeowners who are preparing to buy. If you're shopping around for a … [Continue reading]
