The 30-year FRM inched a mere .01 percentage points higher this week to wind up at 3.65%, while the 15-year version fell .02 percentage points to 3.14%. U.S. long-term rates on mortgages held steady this week, supplying a potential boon to home-buyers amid an uncertain economic ... » Learn More about Rates On Mortgages Hold Steady
Buying a home
Concerned With Permit Code Violations?
Neglecting to obtain the required permit may lead to code violations. A seller should have already taken care of these details, but should a buyer be worried anyway? Should Buyers Be Concerned With Permit Code Violations? Question: I am getting a house and am worried about ... » Learn More about Concerned With Permit Code Violations?
Reexamine Apartment Living
Honoring the 25th anniversary of “Friends” this month, we’re looking into the living arrangements of our six favorite “friends”: Rachel, Ross, Monica, Chandler, Joey and Phoebe. They were in their 20s and renting an apartment in New York City’s West Village. We’ve all thought it, and it has even ... » Learn More about Reexamine Apartment Living
Married Couples-Separate Bedrooms
Buyers might not exactly admit it, but more are sleeping in separate bedrooms and probably do prefer listings that make it happen. It’s a sleep thing, as opposed to a relationship thing. As much as 1/4 of married couples sleep in separate beds. As many as 1 in 4 Married Couples Want Separate ... » Learn More about Married Couples-Separate Bedrooms
FICO Credit Scores Increase to Record High
More home-buyers are eligible for low rates on mortgages after the average FICO score rose to 706. In post-recession 2009 it had been 686; in pre-recession 2006 it was 690. Credit scores are rising, which bodes well for mortgage seekers trying to secure the best available rates. The average FICO ... » Learn More about FICO Credit Scores Increase to Record High