What’s Ahead For Mortgage Rates This Week – May 31, 2016
Last week’s economic reports included new home sales, pending home sales along with weekly mortgage rates and new jobless claims.
Chantilly Real Estate Blog
How the Truth in Lending Act Protects You When You Take Out a Mortgage
If you’re planning to get a mortgage, it’s critical that you know your rights under the law. The Truth in Lending Act (TILA) is a piece of federal legislation that governs how mortgage lenders can and cannot operate their businesses.
So how does the Truth in Lending Act protect you, and what are your rights under this legislation? Here’s what you need to know.
Worried about Your FICO Score? 4 Easy Strategies to Fix It Up
If you’re worried about your bad credit, you’ll want to do everything in your power to improve your rating as quickly as possible – especially if you have a major purchase coming up.
What’s Ahead For Mortgage Rates This Week – May 23, 2016
Last week’s economic news included the NAHB Housing Market Index, reports on housing starts, building reports and existing home sales. Minutes of the Federal Reserve’s last FOMC meeting were also released.
NAHB: Home Builder Confidence Holds Steady in May
The National Association of Home Builders reported that home builder confidence in the U.S. housing market conditions held steady for the fourth consecutive month in May. Builder confidence stayed at a reading of 58, which was the number expected by analysts and was also the reading for April. Analysts said that the consistency in readings signified expansion in housing markets. Any reading over 50 indicates that more builders than not are confident about market conditions.
Avoiding Home Buyer Remorse: 5 Tips for a Happier Homeowner
The rush of excitement that comes with finding the home you’ve been looking for is ideal, but just because it seems like the perfect place, it doesn’t mean there aren’t other factors to consider. Instead of getting hit with buyer’s remorse, here are some tips so that your home purchase doesn’t become something you’ll regret.