Real Estate Rebates Is What We Do
A real estate agent’s duty is to counsel home sellers on what paint, repairs or staging, should be undertaken before placing a home on the market. Their goal is to make your home appealing to a broad range of home buyer tastes so it will sell quickly for the maximum price.
This topic […]
The statistics are available for July for the Austin real estate market. Austin home prices increased by 7% as compared to the same period in 2006, median home prices increased from $178,000 in July 2006 to $190,000 for July 2007.
The inventory of residential homes for sale is also up by 13% to 9,451 […]
Given the mortgage industry crisis, many homeowners want to know how much their monthly mortgage payment will increase when the initial fixed rate period on their ARM has passed.
To calculate your new mortgage payment, you need obtain the four pieces of information below from the “Adjustable Rate Rider” in the loan documents you received at […]
Read: What happens to my monthly payment when my adjustable rate mortgage resets?
Interest rates on home loans gained again Monday. The 15-year fixed rate average increased to 5.93 percent and the 30-year fixed-rate climbed to 6.26 percent. Conversely, rates on the 1-year adjustable rate mortgage dropped to 5.63 percent.
Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.
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Another large lender, American Home Mortgage, joined the ranks of lending failures last week. Mortgage concerns continue to cause stock prices to fall. Many home owners are feeling financial pressure as higher interest rates cause the monthly payments on their adjustable-rate mortgages to increase. Troubled homeowners find it difficult to renegotiate the terms of […]
Read: Mortgage Misery
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