Home sales fell considerably during the month of August, and are now at a five year low. Prices have fallen to levels not seen since the last recession.
The answer is yes, but to find real cost savings the homeowner must use restraint.
A home equity line of credit is a revolving credit line. This financing option is a great choice for certain types of spending. Here are some tips on how to use this home loan.
Want to know the difference between exchange-traded funds and closed-end funds? Both trade on the exchanges like regular stocks, but these two types of funds have important differences.
As retirement nears home equity can be a good pad for times of short income. Taking out a home equity loan now might prove to be risky business.
Economic growth has slowed to a crawl as hosing market woes continue. New reports from the Commerce Department indicate that the economy is growing slower than normal, and much slower than previous predictions.
When it comes to accepting a sub-prime loan, there are a some pros and cons a person should seriously consider before deciding one way or the other on the loan.
You may be a kid, but chances are you know how banks work! You simply go deposit your money for safekeeping, and withdraw it when you need it, right? While this is true, the entire banking process is actually a lot more complicated. Read this article to learn what really goes on behind the scenes of your local bank, and what it means for your money.
There are three ways insurance companies pay homeowners in the event of an accident. Want to learn what they are? Read on to find out!
Most financial experts will tell you to invest for the long term, but what does that really mean? Is it really so bad to take short-term gains?
Getting a mortgage with a sub-prime credit score is not only hard to do, it is also more expensive. Here are some options for home loans in TX.
The two main reasons that the Federal Reserve raises (or lowers) interest rates is because of the economy and inflation.
We've all read the stories: people earning $15,000 per year being approved for $720,000 loans, 60 percent of people lying about income on no-documentation loans, and proposed subprime bailout plans that will cost taxpayers millions. The stories can be frustrating, and have left many readers wondering whether or not there is any was to raise a voice against inappropriate loan approvals.
Adjustable or variable rate mortgages (ARMs) almost always offer a lower introductory rate than their fixed rate counterpart. Does this mean that the ARM will be less expensive than the conventional, fixed rate loan over the long run? This question can only be answered by market forces and whether rates are lowering are rising.
Home sales slowed in Santa Clara County during the month of February. The average number of days a home spent on the market increased in most areas. Median prices, meanwhile, moved up and down. Prices fell in Los Gatos, Morgan Hill, Saratoga, and Campbell, but edged up slightly in Los Altos, Mountain View, Sunnyvale, and San Jose.
According to a new report released by the Commerce Department, new home sales and prices are suffering just as much as existing sales and prices. During the month of August, new home sales fell to the lowest level in seven years, and new home prices declined by the most seen since 1970.
Solano County is considered to be one of the most overpriced housing markets in the nation. Many residents cannot reasonably afford to buy property, but don't like the idea of renting. This Solano County rent vs. buy analysis breaks down the numbers to compare the costs of renting and buying in this popular region.
Some credit card insights that can save you money.
Their are strategies homeowners can take to limit risk in a overheated housing market.
Houses are expensive! In some areas, like Los Angeles, Calif., only 3 percent of residents earning the median income are able to purchase a median priced home. Still, there are deals to be had if you buy in the right place. To find out where that is, check out this list of the top ten most affordable housing markets.