Archive for July 2013
Can a 1% Hike in Mortgage Rates Really Stall Housing?
Interest Rates and House Prices Last week’s jump in mortage rates was the largest jump in 26 years from 3.98 to 4.46 – while adding to the cost of buying a home in San Diego. If you didn’t catch the article…. below, the Union Tribune’s housing panel discusses the rate increase on the local San…
Read MoreThe Big Bucks That Make the Greatest Impact on Your Home’s Value
Home Improvements Can Equal Higher Home Values When home buyers first buy their property they usually make a list of the home improvement projects that need to be tackled. First, you want your home to “look good,” and even though some projects are more costly than others, it makes a difference when the exterior of…
Read MoreDo Energy Efficient Homes Have Lower Defaults?
Does buying an energy efficient house decrease home mortgage defaults? Is there a connection between the monthly savings on utility costs and the probability that you will pay your loan on time? New studies show that the answer may be “yes.” Using a massive sample of 71,000 home loans from across the country that were…
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