Monthly Archives: April 2011

Mortgage Interest Rates | Advantage Rental Purchase Houses

Lease to own is a way to buy a home during the lease period. The buyer leases the house until the buyer decides to buy a house. During the lease, the customer finally buys the house. Buyers can choose between leasing or rental options. The buyer will complete the purchase of leasing a house, the buyer may decide to lease option to buy a home. Here is a list of the advantages of the buyer and the    .. more …

New Home Sales | 1st Quarter Earnings Season Kicks Off

Earnings Preview 4/9/10 Next week is the “kick-off” for the first quarter earnings season. Of course, there are a few firms that have already reported, but all of them have February fiscal period ends, and should be considered part of the pre-game festivities.Alcoa (AA) will report on Monday after the bell and really get the game started. There are not a lot of companies reporting next week, only    .. more …

Mortgage Interest Rates | ‘Zing’ In Market To See House Prices Rise

~li~ Related Housing affordability improves in March ASB calls a bottom to housing market Govt orders housing cost investigation House prices are set to rise 4% this year, with the latest dropin mortgage interest rates adding zing to the market, according toa Westpac Bank forecast.In its latest quarterly economic overview, Westpac predictsoverall economic growth of just 1.3% this year after    .. more …

Mortgage Interest Rates | Wells Fargo Refinance Mortgage Rates ” Average 30 Year Home Loans Remain Under …

As we head into May 2011 Wells Fargo refinance mortgage rates remain very close to all-time lows as average 30 year fixed home loans are around 4.6%. It is very important to remember that not all homeowners will be able to lock into a mortgage rates this low as it takes an amazing financial history and a credit score that is about 740.Unfortunately, many Americans have made very poor financial    .. more …

New Home Sales | New Home Sales Crawl Back From All-time Low

NEW YORK (CNNMoney) — New home sales started to creep back up in March, according to government figures released Monday, but the housing market is still far from a recovery.The Census Bureau reported an annual sales rate of 300,000 new homes in March. While that was an 11% increase from February’s all-time low of 270,000, new home sales remained near the lowest levels recorded since the    .. more …

Mortgage Interest Rates | Congress Told Not To Tinker With Mortgage Deduction

Norman, Oklahoma – The home mortgage tax deduction and a sound secondary mortgage market are key to the well-being of the U.S. housing market, according to the head of the National Association of Realtors.Ronald Phipps, president of the 1.1-million member organization, delivered that message Wednesday to 300 Oklahoma real estate professionals in Norman.Phipps, a third-generation real estate agent    .. more …

Existing Home Sales | Pending Home Sales Gain Steam

Pending home sales nationwide picked up in March, according to the National Association of Realtors .The Pending Home Sales Index ” an indicator determined by contract signings ” rose 5.1 percent to 94.1, when compared to Feburary.In March 2010, the index was 11.4 percent higher ” at 106.2. However, activity in March and April of last year was up as home buyers tried to meet the deadline for the    .. more …

New Home Sales | Time To Buy Real Estate In Wichita Kansas

If ever there was a good time to invest in real estate, it’s now. Seriously. We happen to believe the bottom is in. Regardless of whether it is or isn’t there are several factors that bring me to the conclusion that it is time to buy now. The first is that the banks need money. Banks are in trouble, they need money to survive. Not all banks of course. There are many regional banks that avoided    .. more …

New Home Sales | New Home Sales Hover Near All-time Low

NEW YORK (CNNMoney) — New home sales started to creep back up in March, according to government figures released Monday, but the housing market is still far from a recovery.The Census Bureau reported an annual sales rate of 300,000 new homes in March. While that was an 11% increase from February’s all-time low of 270,000, new home sales remained near the lowest levels recorded since the    .. more …

New Home Sales | New Home Sales Up 11 Percent

WASHINGTON – More people bought new homes in March, giving the battered industry a small lift after the worst winter for sales in almost a half-century nationally.New home sales rose 11 percent last month from February to a seasonally adjusted rate of 300,000 homes, the U.S. Commerce Department said Monday. That follows three straight monthly declines.Still, the pace remains far below the 700,000    .. more …