Savoring The Good Things In Life

Happy Thanksgiving , ,
"There's always something to be thankful for. If you can't pay your bills, you can be thankful you're not one of your creditors" – Author Unknown With Thanksgiving being tomorrow, I find myself thinking about everything I have to be thankful for. For instance, I've been in the real estate industry for some time, which is a position that I enjoy and love.  What Am I Grateful For? I'm also grateful to be able to share the knowledge that I've learned throughout the years with my clients and those of you who read my blog. It's a wonderful and rare…
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Get The Low Down On Pending And Existing Home Sales This Month

Housing Analysis , ,
The National Association of REALTORS reported Monday that pending home sales dropped by -0.60 percent in October after falling at a revised rate of -4.60 percent in September. According to Lawrence Yun, chief economist for NAR, 17 percent of real estate agents reported delays in loan closings due to the government shutdown in early October. Lenders were unable to verify borrower income through the IRS, which was closed during the shutdown. October was the fifth consecutive month with fewer pending home sales reported. Homeowners who owe more on their mortgages than their homes are waiting to sell, and recent spikes…
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What’s Ahead For Mortgage Rates This Week – November 25, 2013

Mortgage Rates , ,
Last week's scheduled economic news was varied, but mortgage rates fell and jobless claims were significantly lower than expected. The minutes for last month's FOMC meeting were released, and confirmed the Federal Reserve's intention to leave its quantitative easing program unchanged at least for the near term. The National Association of Homebuilders Wells Fargo Housing Market Index for November indicated that builder confidence, while still positive, dipped by one point to a reading of 54 as compared to an anticipated reading of 55, and October's revised reading of 54. Retail Sales for October Rose By 0.4 Percent NAHB noted that…
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Thanksgiving Decorating Ideas For Your Home

Around The Home , ,
Thanksgiving is right around the corner, and if you're opening your home for the family get together, that usually means you'll be decorating.  If you've racked your mind for ideas and none sound just right, here are a few decorating ideas that might help you along your way. Fall Leaves Decorations don't have to be expensive, just look outside the door of your home. Brightly colored fall leaves, either randomly placed on the table or bunched in small arrangements, can really brighten up a table. Turkey Napkins Folded turkey napkins is a simple way to spruce up your Thanksgiving table.…
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Fed Meeting Minutes Show Hope In Economic Growth

Federal Reserve , ,
The minutes of the Federal Reserve's Federal Open Market Committee meeting held October 29 and 30 were released Wednesday. The meeting began with a report from the Manager of the System Open Market Account and included updates on developments within domestic and foreign financial markets. According to the report, no intervention by the Federal Reserve was required on foreign currencies during the period between the last and current FOMC meetings. FOMC: Key Data Delayed by Shutdown The FOMC noted moderate economic growth in the period since its last meeting, but also noted that several federal agencies delayed release of key…
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4 Tips To Save For That Down Payment

Home Buyer Tips , ,
In order to save up a huge amount of cash for the down payment on your first mortgage, you need a solid savings plan! When you take out a mortgage on your new home as a first time homebuyer, the more you can pay as a down payment the better. The down payment on a mortgage reduces the principle of the loan and means that you will be paying tens of thousands less in interest payments over the life of the loan. Most financial experts recommend that you should save up at least 20% of the value of the home…
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Housing Market Index Shows Builder Confidence Remains Above 50

Housing Analysis , ,
The National Association of Home Builders released its Housing Market Index  for November on Monday. This month's HMI reading was 54 against expectations of a reading of 55. October's reading was also 54 after being downwardly revised. Readings over 50 generally indicate that a majority of builders surveyed are confident in current housing market conditions, but the current pause came after two months of decline in home builder confidence. While the short term index readings are lower than in past months, the HMI is currently 20 percent higher than last year. David Crowe, chief economist for NAHB said that "the…
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What’s Ahead For Mortgage Rates This Week – November 18, 2013

Mortgage Rates , ,
The Veterans Day holiday on Monday contributed to a quiet week for economic news. On Wednesday the reading for the federal budget deficit for October fell from September's reading of -$120 billion to -$92 billion. Freddie Mac Released Its Primary Mortgage Market Survey On Thursday The average mortgage rates increased across the board, but remain below historical levels. The rate for a 30-year fixed rate mortgage rose by 9 basis points from 4.16 percent to 4.35 percent with discount points decreasing from 0.80 percent to 0.70 percent. The average 15-year mortgage rate rose from 3.27 percent to 3.35 percent with…
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5 Great Questions To Ask At An Open House

Home Buyer Tips , ,
An open house gives you a great opportunity to look more closely at real estate you might be interested in buying. It also affords you the chance to chat with the owner or real estate agent so you can bring up any issues or hesitations you have with the home. Knowing what to ask can be difficult, so below are examples of questions to ask at the next open house you attend. Why Has The Seller Decided To Sell Now? If you ask why the seller is moving, you could learn valuable information to help determine your offer or possibly…
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How To Be Energy Efficient This Fall

Around The Home , ,
Summer has been over and Fall is really here, temperatures are beginning to drop, and you’re dreading having to turn the heat on for the first time. Firing up the furnace can burn a hole in your pocket, but there’s something you can do about it. Consider these tips to help lower your heating bill. Replace Your Air Filters Get new air filters for your central heating and cooling. The filters get clogged and it takes more and more energy to keep your house warm. Be sure to clear out any dust bunnies or cobwebs from behind the filter. Use…
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