According to the American Resort Development Association, there are more than 4 million timeshare owners across the United States. There are ample buying opportunities, but what if you want to sell your timeshare?
In this 4-minute piece with NBC’s The Today Show, Barbara Corcoran talks about the [...]
After a dreadful start to the month of May, mortgage markets improved last week, pushing mortgage rates lower overall.
It was the first week since late-April in which mortgage rates fell.
The biggest reason rates improved last week was because the economic optimism that was responsible for the stock market’s 30% gain since March faded [...]
Getting approved for a home loan isn’t getting easier, but it doesn’t appear to be getting much more difficult, either.
In its quarterly survey to member banks, the Federal Reserve asked senior bank loan officers whether “prime” residential mortgage guidelines had tightened in the last 3 months.
[...]
Home affordability improved again Wednesday after the government reported worse-than-expected results for April’s Retail Sales report.
Mortgage rates edged lower for the third consecutive day.
The impetus for the rate rally this week may be a long-awaited stock market correction. After touching multi-year lows [...]
For the second month in a row, the country’s foreclosure activity was dominated by a small number of states.
As shown by the latest stats from RealtyTrac.com, more than half of the country’s foreclosure actions from April were concentrated in just 3 states:
California Florida Nevada
Those 3 [...]
After a series of increases starting April 30, mortgage rates finally took a dip Monday. It was a welcome surprise for home buyers that went under contract over the weekend.
Same for homeowners looking to pull the refinance trigger.
Versus mortgage rates on Friday afternoon, many lenders were already showing lower rates Monday morning [...]
Mortgage markets hit their worst levels since March last week, sending mortgage rates higher for the second week in a row.
Today’s conforming mortgage rates are much higher than from the registered low point of April 30, 2009.
There are a few reasons why mortgage rates were up last week.
The economy shed 539,000 jobs in April, raising the 6-month total to nearly 4 million jobs lost.
And while the April data may look bad, it’s actually 10% better than what was expected.
As a result, it’s turning into a bad day to be shopping for mortgage rates.
[...]
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