Two major indicators of home price trends showed a slowing momentum for home prices in December. The S&P Case Shiller 10 and 20 city indices reported that of 20 cities tracked, home prices were lower in December than for November.…
Last week's economic data supported recent reports indicating that housing markets are slowing, The National Association of Home builders/Wells Fargo Home Builders Index (HBI) dropped by 10 points to a reading of 46 for February. Home builder confidence dropped to…
Summary: You're looking to buy a home, but have you considered getting pre-approved first? This article will outline why pre-approvals are very helpful before you even start your search for a new home. Your credit is good, and you have…
Last week's economic news was dominated by the first address by the new Fed chairperson, Janet Yellen. Fed Chair Janet Yellen's First Address to House Janet Yellen addressed the House Financial Services Committee for the first time on Tuesday as…
Like credit cards or car loans, some mortgages allow borrowers to have co-signers on the loan with them, enhancing their loan application. However, a co-signer on a mortgage loan doesn't have the same impact that it might on another loan,…