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Category: Home Buying

The housing market is stabilizing, and homes are appreciating again. With today’s low interest rates and affordable home prices, it’s a great time to buy.

Home prices up mortgage rates down

Home Buying · Mortgage Rates · News

Home Prices Up, But Not the Cost of Homeownership Thanks to Lower Mortgage Rates

September 4, 2014

If you follow the housing market, you’ve been hearing reports over the last year or so about home prices increasing each month. Year to year, home prices are in fact […]

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When is it the right time to buy a home?

Home Buying · News

Buying is 38% Cheaper than Renting, but Renters Hesitant. Is it a Good Time to Buy?

August 23, 2014

Do you dream of owning that perfect little house with a white picket fence and front porch in suburbia, or a quintessential log cabin in the mountains, or a glitzy […]

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Is now the time to get a mortgage or refinance?

Home Buying · News

2015 Real Estate Market Predictions from Realtor Bill Gassett

July 29, 2014

In an effort to figure out where the real estate market is headed in 2015 I reached out to a Realtor who probably has a pulse on the market as […]

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When is the right time to buy a home?

Home Buying

Buying a Home: When to Buy and When to Wait

July 7, 2014

Cash is king. That’s what John Chladek teaches his MBA students during his personal finance course at Rockhurst University’s Helzberg School of Management in Kansas City, Mo. If someone is […]

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Pending home sales for 2-14-15

Home Buying · News

February 2014 Pending Home Sales down 10%, Meaning New Opportunity for Buyers.

April 3, 2014

Over a year ago, in February 2013, more people were signing contracts to buy homes. Thanks to many factors – from rising prices to the Northeastern polar vortex – the […]

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Long term costs of renting and buying. Which is better?

Home Buying · News

Sick of Rising Rents, 66% of Consumers will Buy if they Move

March 17, 2014

Home buyers protect themselves against rising housing costs. They could eventually save $28,000 per year by buying now. Each month, mortgage giant Fannie Mae surveys average U.S. consumers on their […]

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What are the hidden expenses of owning a home?

Home Buying

Hidden Costs of Homeownership

February 7, 2014

Bottom line: Buying a home should include plans to build an emergency fund for the hidden costs of ownership. by Lee Nelson Finding a house to buy has become your […]

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Housing Affordability at some of the Highest Levels Ever. MyMortgageInsider.com

Home Buying · News

2014 Housing Affordability Still at Amazingly High Levels

January 23, 2014

Home buyers in 2014 will take advantage of one of the most affordable times in history for housing. Each month the National Association of Realtors measures affordability using a proprietary […]

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FHA decreases their lending limits

FHA Loans · Home Buying

FHA Lowers Lending Limits, the Typical Borrower is Unfazed

January 8, 2014

The Department of Housing and Urban Development (HUD) made an official announcement that effective January 1, 2014, Federal Housing Administration (FHA) would be lowering lending limits for single-family homes. The […]

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Conventional 97 Discontinued

Conventional Loans · Home Buying

Conventional 97 to Require 5% Down Payment

November 8, 2013

Update for December 2014: Fannie Mae and Freddie Mac have reinstated the 3% down conventional home loan as of December 2014. For details on the 97% LTV home buying program, […]

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