July existing-home sales strech four-year high

“The distance of a boost was a surprise,” given a series of people requesting for mortgages has forsaken neatly given rates began to arise in early June, pronounced Patrick Newport, an economist during IHS Global Insight. Sales are expected to “plunge” in Aug to equivalent July’s surge, he said. Mortgage rates have been rising usually […]

Rising debt rates strike home affordability

A sale tentative pointer is posted in front of a home for sale in San Anselmo, Calif.(Photo: Justin Sullivan, Getty Images) SHARECONNECT 74 TWEETCOMMENTEMAILMORE The many talked-about liberation of a housing market, that has buoyed home sales adult from retrogression lows, has come about by involvement from a Federal Reserve, record low seductiveness rates, and […]

Is now a time to buy a home?

(MoneyWatch) Buying a home appears to be one of this summer’s biggest trends. Bidding wars, jacked-up prices and swamped open houses: There are fear stories around a nation of buyers in hunt of genuine estate. Buying a residence in a midst of a feeding frenzy might not be a wisest strategy. But if we wait […]