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What’s Ahead For Mortgage Rates This Week – June 1, 2015

Last week's economic reports included the Case-Shiller Home Price Indexes, FHFA's House Price Index and Pending Home Sales from the Commerce Department. The details: Home Prices Dip in March, Pending Home Sales Up According to the Case-Shiller 20-City Housing Market Index, the national reading for average home prices dipped in March. The 20-City Index moved from February's year-over-year home price growth of 4.20 percent to an average year-over-year home price growth rate of 4.10 percent in March. San Francisco, California reclaimed the top spot for home price growth of 10.30 percent year-over-year. The Federal Housing Finance Agency reported results that…
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Real Estate Roundup: The Top 5 Apps to Use When Buying or Selling a Home

Whether you are buying property, selling property or both, the process can be challenging, stressful and even overwhelming at times. Just as you may use various mobile apps to streamline and simplify other aspects of your life, you can also use some well-designed apps to improve your overall experience when you are buying or selling property. These are some of the best apps for you to use as you move forward with your real estate plans. iBank This app is not free for you to download, but the small fee that you pay to use iBank may be well worth…
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Did You Know: Reverse Mortgage Requirements Are Changing – Here’s How

Many seniors have taken advantage of reverse mortgages in recent years. These unique mortgages allow seniors who are existing homeowners to tap into their home equity without taking on a mortgage payment. This can be a true benefit to seniors who are on a tight budget or who want to take advantage of their home equity without giving up ownership of their home. However, with new rules and requirements in place regarding reverse mortgages, the fact is that some of the benefits associated with reverse mortgages may be limited. In addition, some who may have qualified in the past may…
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