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Price, Canadiens Hand Islanders Another Home Loss, 3-1

March 15 , 2015 | | In: Home Buying

Price, Canadiens Hand Islanders Another Home Loss, 3-1Article from ABC News:

Tomas Plekanec and Max Pacioretty scored 2:15 apart in the second period, and Carey Price stopped 35 shots as the Montreal Canadiens dealt the slumping New York Islanders a 3-1 loss on Saturday night.
The Islanders have hit the skids at Nassau Coliseum, their soon-to-be former home once they relocate to Brooklyn next season. New York is 1-3-1 in its last five overall. At home, the Islanders have lost four straight in regulation, including three this week.
Price (38-14-4) bounced back from a loss against Ottawa two nights earlier in which […] Continue Reading…

Tips on scoring the best rate on a home loan

March 12 , 2015 | | In: Home Financing

Tips on scoring the best rate on a home loanArticle from Boston Globe (subscription):Rogelio V. Solis/Associated Press/file 2015Before you begin your home search is a good time to do some comparison shopping for favorable mortgage deals.
Mortgage interest rates have hovered near historic lows in recent years, but change may be on the horizon.
The Federal Reserve is considering increasing the short-term interest rate it controls as early as June. That could send mortgage rates moving higher again.
Continue reading below

For now, rates remain homebuyer-friendly. The national average rate for a 30-year, fixed mortgage fell to 3.75 percent last week. It was […] Continue Reading…

Maine lacks loan options for Muslims looking to start businesses, buy homesArticle from Press Herald:Few organizations offer the types of financing allowed by Islamic law, discouraging many eager immigrant entrepreneurs.
Nagham Rikan has accomplished what the vast majority of Maine’s more than 10,000 Muslim immigrants and refugees have been unable to do. She started her own business in 2012 despite being unable to borrow money from a bank because of her religion.
Rikan, an Iraqi refugee whose family owns Babylon restaurant in Portland, said the rules of Islam prohibit its members from borrowing money with interest, a principle established in the […] Continue Reading…

Boost your home’s selling price with just a few simple improvementsArticle from KABC-TV:LOS ANGELES (KABC) —
If you’re one of the more than five-million homeowners who hope to sell their home this year, don’t make the mistake of selling yours “as is.” A little investment – and some elbow grease – can raise your home’s value by as much as 11 to 20 percent.To get the top price for your house, start by decluttering and deodorizing your home. Store personal pictures and move extra furniture out, so potential buyers can visualize their own stuff in the space. And open drapes […] Continue Reading…

Consumer Reports says fixing up home before selling can net higher saleArticle from abc7news.com:If you’re one of the more than 5 million homeowners who hope to sell their home this year, don’t make the mistake of selling yours as is. A little investment can raise your home’s value by as much as 20 percent, according to Consumer Reports.About a third of the realtors in a Consumer Reports survey said that the roof is one of the more important things prospective buyers ask about. A typical re-roofing job can cost as little as $ 6,000, but the potential return […] Continue Reading…

Seattle home price gains strengthening

February 25 , 2015 | | In: Home Buying

Seattle home price gains strengtheningArticle from The Seattle Times:Home prices in the Seattle metro area jumped 1.2 percent in December from the previous month, one of the strongest gains in the nation, according to the S&P/Case-Shiller 20-city index released Tuesday.
Home prices in the Seattle-metro area jumped in December, posting one of the strongest gains in the nation, according to the S&P/Case-Shiller 20-city index released Tuesday.
The average price of existing single-family homes sold in King, Snohomish and Pierce counties was up 1.2 percent from November after seasonal fluctuations are taken into account. That was more than double November’s gain of […] Continue Reading…

Bondi Hoarders Avoid Forced Home Sale as Clean-Up Fees Settled

February 17 , 2015 | | In: Home Buying

Bondi Hoarders Avoid Forced Home Sale as Clean-Up Fees SettledArticle from Bloomberg:

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by Edward JohnsonBloomberg
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Phoenix housing market finds stable home price growthArticle from HousingWire:Phoenix is one of the bubble recovery bellwether metros for housing, and it looks like it’s regained its footing.
The final numbers are out for 2014, and the median single-family-home price in the Phoenix area officially went up 5.4%.
That’s according to the latest monthly report from the W. P. Carey School of Business at Arizona State University.
After the housing crash, Phoenix-area home […] Continue Reading…

How to Get a Home Loan With Less-Than-Stellar Credit

February 13 , 2015 | | In: Home Financing

How to Get a Home Loan With Less-Than-Stellar CreditArticle from U.S. News & World Report:You can still become a homeowner, but you may have to go through the back door to do so.
In a perfect world, you’d have a robust credit score and a 20 percent down payment in hand, with mortgage lenders falling all over themselves to get your attention.
But what if your world is a little dinged? What if your credit score is shabby, your bank manager cringes when he sees you and debt collectors are the ones vying for your attention?
You may be better positioned to […] Continue Reading…

Perk up your home price: Live near a coffee shop

February 6 , 2015 | | In: Home Buying

Perk up your home price: Live near a coffee shopArticle from Reuters:
By Chris Taylor
NEW YORK Fri Feb 6, 2015 8:02am EST

The sign at a Starbucks store is seen in New York January 24, 2014.
Credit: Reuters/Eric Thayer

NEW YORK (Reuters) – When searching for a new home, buyers usually consider the usual suspects: square footage, number of bedrooms, amount of sunlight.

Vanessa Pappas had another factor in mind as well: coffee shop proximity.

When Pappas and partner C.C. Hirsch recently closed on a three-bedroom property in Windsor Terrace, Brooklyn, it didn’t hurt that her favorite macchiato place was only a half-block away.

“Coffee […] Continue Reading…

Home Loan Programs Let Buyers Put Less Down – New York TimesArticle from Home Loan Programs Let Buyers Put Less Down – New York Times:Photo

Credit Robert Neubecker

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By Home Loan Programs Let Buyers Put Less Down – New York Times
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US Average Rate on 30-Year Home Loan 3.59 PercentArticle from ABC News:

Average U.S. long-term mortgage rates fell this week, resuming their downward trend of this year after rising slightly last week.
Here’s a look at rates for fixed and adjustable-rate mortgages this week and over the past year:

Current avg.
Last week
52-week high
52-week low
30-year fixed
3.59
3.66
4.41
3.59
15-year […] Continue Reading…