How does our air inside the house get polluted?

Much can be said about proper ventilation, for if we don’t have enough fresh air entering the home, then pollutants can accumulate to levels which can pose immediate health problems and affect our comfort. We usually think of air pollution as being outdoors, but the air in your house or office could also be polluted.Continue

Mortgage Rates plummeted today after Fed’s announcement

While the average improvement of 0.10% might not look like much at face value, it’s the biggest one-day drop we’ve had in 2015, and in a league with very few other players historically. With today’s improvement, the most prevalently-quoted conventional 30yr fixed loan for top tier borrowers falls back to 3.75%.   Some lenders will remain at 3.875%Continue

Negative Equity continues being a Serious Concern Despite Year Over Year Decline!

While the percentage of homes in the United States with negative equity has declined substantially since the fourth quarter of 2013, they experienced a slight increase quarter-over-quarter in Q4 2014, according to CoreLogic’s Q4 2014 Equity Report released last Tuesday. CoreLogic reported that 10.8 percent of all residential homes were underwater in Q4, this isContinue

Sales of Existing Homes Increase, however not enough

Sales of previously owned homes rose in September to the highest level in a year, adding to signs that residential real estate will be a plus for the economy. National Association of Realtors reported today in Washington that closings on home sales advanced 2.4 % to 5.17 annual rate, and purchases rose 1.9% from theContinue

Save on your Mortgage NOW!

Mortgage rates are historically low, and many owners have the opportunity to take advantage, but not all owners pay close attention to these numbers.   You have the opportunity to investigate the possibility of refinancing through HARP or stream line if your loan is FHA to take advantage of the historic rates.   You can analyze  what financialContinue

Borrowers may now have a chance to build equity fast

Two major banks have agreed to originate a new 15-year mortgage under pilot programs aimed at low- and moderate-income borrowers. In addition, the creators of the so-called Wealth Building Home Loan,   allows home buyers to build equity at a much faster clip than they would with a standard 30-year loan. Typically, the monthly payment onContinue

Home sales show encouraging stats

Existing home sales, excluding distressed sales, are the most encouraging stats at the moment. These, according to Trulia and the National Association of Realtors, were 80 percent back to normal in August. Trulia’s Bubble Watch also showed that prices were 3.4 percent undervalued in the third quarter, which is a marked improvement over the 13.5 percentContinue

Your Home: Modern or Traditional?

Nothing is extra comfortable than coming back to our homes, full of heat and love after taking care of  stack of issues at work. Decorating or redesigning our homes should not be thought as an expensive or complicated activity. We have to make sure that the design we choose will be sophisticated rather than unnecessary.Continue

September: Highest Consumer Confidence

Consumer confidence reached its highest level since the Great Recession in September, according to the Thomson Reuters and University of Michigan Surveys of Consumers. September’s increase in consumer confidence is the result of optimistic outlooks on the overall economy and personal incomes.  The consumer expectations index rose 5.8 percent over the month of September, while theContinue

FHFA outreaching more Homeowners

In an effort to sign more eligible homeowners up for the Home Affordable Refinance Program (HARP), the Federal Housing Finance Agency (FHFA)   is holding its third HARP outreach event in October, 2014. The goal is to get the word out about HARP to borrowers who are current but underwater, and help borrowers who are either delinquentContinue