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Kitchen Remodeling: Things To Consider

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Remodeling your kitchen can add considerable value to your home, but a kitchen remodel job is going to basically turn your eating habits into a challenge, at best. To start, you need to consider your time. You will need to be a little bit hands on when you undertake a kitchen remodel. You will have […]

Home Mortgage Loans: Getting One Continues to Be a Challenge

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Bankrate.com has pooled the opinion of several mortgage industry professionals with regards to the future of the home mortgage loan market. According to most of them, mortgage loan rates will maintain their low levels, but acquiring a home loan will be difficult for most consumers. They also predicted that homeowners seeking refinancing will be lured […]

While Homeowners Suffer, Foreclosure Mills Make Millions

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Lawyers exploiting the boom in foreclosures allegedly forged documents while booting people from their homes. Here the problem… Know anyone affected by these foreclosure mills? We’d love to hear about it. Use the comment link below and tell us what you know. No email addresses will EVER be published on this site or shared with […]

House Insurance: Do You Have Proper Coverage?

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Is your house insurance adequate? Many insurance policies have automatic escalator provisions that periodically boost the coverage. Make sure the replacement value of your house meets industry standards, so you will not suffer a financial loss if your house is destroyed. Some people purchase mortgage life insurance so that in the event of death, their […]

9 Million Homes Could Be Affected by the Foreclosure Mess

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According to a recent Bloomberg article, the ongoing mortgage fiasco, dubbed foreclosuregate by some, could possibly entangle 9 million foreclosed properties with questions about the legitimacy of their title, the legitimacy of their foreclosure, or both. In response to this debacle, JP Morgan Chase and GMAC/Ally have suspended foreclosures in 23 judicial foreclosure states.  Bank […]

First-Time Homebuyers Buying Smaller Homes

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A new report from the National Association of Home Builders has found that first-time homebuyers are choosing to buy smaller and less expensive properties than existing buyers. The study by the NAHB found that first-time buyers purchased homes costing an average of $184,000 with approximately 1,874 square feet of space. By comparison, the homes purchased […]

Economists Say Home Prices Have Already Hit Bottom

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Home prices in the United States found their floor during the early part of 2010 and are expected to begin trending upward next year, according to a panel of elite economists surveyed by the National Association for Business Economics (NABE) for its October 2010 Outlook. “The housing recovery is intact, but tepid overall. Home prices […]

Could We See 0% Mortgage Rates?

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Imagine financing a home purchase with a no-interest mortgage. You’d probably never want to move again. Granted, it’s doubtful you’ll ever have that luxury. But if rates continue to drop, as some in the mortgage industry suggest they may — especially after the Federal Reserve’s recent statement that it was prepared for more extraordinary measures […]