Jan. 28, 2016 11:40 AM ET AP, Associated Press WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week for a fourth straight week amid persisting turmoil in stock markets and global economic worries. Gerry Broome FILE - In this Tuesday, June 9, 2015, file photo, a sold sign is displayed in the yard of a newly constructed home in the Briar Chapel community in Chapel Hill, N.C. On...
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TODAY is back with their Consumer Confidential series with some great advice on how to buy or sell your home from Realtor Mike Aubrey, including what realtor "red flags" to look for, and what those "flowery phrases" in home listings really mean. Buying and Selling Your Home Choosing an Agent- “Realtor Red Flags” Don’t just hire the agent recommending the highest price - Don’t...
By Tom Petruno/ Los Angels Times January 9, 2016 Some Wall Street pros worry that baby boomers and millennials will increasingly be squeezed financially, leaving them unable or unwilling to spend. The demographics of aging boomers and coming-of-age millennials will accelerate changes in the economy. The hard part is figuring whether they'll be good or bad for growth. The median age of...
How much do you know about your flood risk? It’s not as cut-and-dry as one might think – and it doesn’t take a Category 4 hurricane to see the effects of heavy rainfall. Many of us tend to think that living outside of a coastal area will keep us safe from flooding caused by hurricanes and tropical storms, but don’t let out of sight mean out of mind. In fact, every single state in the United...
Chicago rare metro with zip codes both hard and easy to afford Bloomberg In some places, like Atherton, Calif., it’s basically impossible to buy a home in a district with a good school on an average wage. Nearly two-thirds of U.S. zip codes with good schools are unaffordable to homebuyers making an average wage, according to a study released Thursday. The real estate data firm...
Average home appraisals in October were 1.98% lower than what homeowners expected, marking the second consecutive month the spread has tightened after a long stretch of it widening, according to the most recent data from Quicken Loans. This is also the ninth consecutive month where homeowner’s estimates of value exceeded the appraised value of the home. Click to enlarge (Source: Quicken...
Just because we live in Southern California doesn't mean we aren't susceptible to the highs and lows of the real estate cycle. And just as the East Coast is sweeping off snow and cobwebs from their front porches, we are sweeping the sand from our garages and doorsteps, spiffying up our homes, getting ready for the busiest selling season of the year. Yep - that's right - spring is here, and it's the...
Whether you're staging your home for sale or not, many of the following tips, offered by Moshells.com, help with keeping a crisp, clean home! The five golden rules are: De-personalize While your family photos are beautiful and your kids’ drawings on the fridge are adorable, buyers want to be able to picture themselves in the house. That means putting away your photos, clearing your closets from...
Whether you’ve been doubled-up and are now looking to strike out on your own or you’re thinking about finally moving out of your parents’ house, here are a few things you need to know about today’s home rental market. The competition is fierce Demand for rental properties has been on the rise since the housing market collapsed in 2007, when millions of Americans lost their homes to foreclosure and...
Posted on latimes.com, April 27th. By Kenneth R. Harney WASHINGTON — Are you on the home-buying sidelines this spring because you think you won't be able to qualify for a mortgage? Do you know what sort of FICO credit scores are being accepted by lenders at the moment — they're lower than they were a year ago — and whether yours could now be good enough? You may be part of the surprisingly large...