Category: Real Estate News

Real Estate News

Existing Home Sales: Second Highest Level Since 2009

According to the National Association of REALTORS®, national sales of existing homes in June came in at 5.08 million. June’s reading was reported to be the second highest since November of 2009; this should calm concerns about a lapsing recovery in housing markets. Summer typically produces the highest prices for existing homes sold, as families …

Continue reading

FOMC Minutes Reveal Fed May Curb Economic Support Program Before Year End

FOMC Minutes Suggest QE Tapering by Year-End The minutes for June’s meeting of the Federal Open Market Committee (FOMC) suggest that committee members are mostly in agreement that the current quantitative easing program (QE) should begin winding down by year end, but the committee minutes are very clear concerning the committee’s intention to monitor inflation …

Continue reading

How To Improve Your Credit Score For Better Financing Terms

Imagine that you’ve found the perfect home and are ready to apply for financing. Your home loan approval amount comes back lower than you would have expected and at an interest rate significantly above what you have heard is available on the market. This could be because you have an average to poor credit score. …

Continue reading