It’s a busy week in the news for potential homebuyers. First, both 15-year and 30-year loans hit record lows for the second week in a row. Second, as Reuters reports, the tax credit extension has passed a key hurdle: The … Continue reading
Posted in Economy, First-Time Homebuyer, Home Buying, Home loans, Home prices, Home sales, Homebuying, Mortgage / Credit, Mortgage Approval Process, Mortgage Guidelines, Mortgage Rates, Tax Credits | Leave a comment
As buyers rush to take advantage of the homebuyer tax credit, an important fact is being highlighted: Moving too quickly can be costly. You may race to get the tax credit but end up losing more than that in a … Continue reading
Posted in Economy, Home sales, Homebuying, Mortgage / Credit, Mortgage Approval Process, Mortgage News, Mortgage Rates, Mortgage tips, News, Real Estate News, Saving Money, Tax Credits | 1 Comment
Military housing (subscription required) has been dented by the economy, but not as badly as the civilian sector, National Mortgage News reports. Moody’s Investors Services downgraded nine of 23 housing developments at bases around the country, largely the result of … Continue reading
Posted in Economy, Homebuying, Military, Mortgage News, Real Estate News, Saving Money, Tax Credits, VA, Veterans Administration | Leave a comment