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18 Sep 2019
By 24hr Mortgage

NAHB: Home Builders Remain Confident

Market Outlook, ,
The National Association of Home Builders Housing Market Index shows steady builder confidence in housing market conditions. September's index reading of 68 was one point higher than August's reading. Any reading over 50 indicates that most home builders surveyed view housing market conditions as favorable. August's original index reading was adjusted upward by one point. Component readings for the Housing Market Index were mixed. Builder confidence in current market conditions rose two points to index reading of 75; this was the highest reading year-over-year. Builder confidence in home sales over the next six months fell by one point to 70.…
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17 Sep 2019
By 24hr Mortgage

New Home Prices Going Down Making Them More Affordable

Real Estate, ,
Residential real estate developers in America are responding to a national slowdown in new home construction by building smaller homes that are more modestly priced. The demand for smaller, less expensive homes is growing, while the overall demand for new custom homes is declining. Prices decreased slightly, by about one-half percent, from the price levels in 2018 for newly-constructed homes. Lower Profits For Builders The median price for a newly-constructed home in America is $372,900. The median sales price of an existing home is $309,700. American construction companies are feeling the pressure to build lower-priced homes along with the increased…
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16 Sep 2019
By 24hr Mortgage

What’s Ahead For Mortgage Rates This Week – September 16th, 2019

Financial Reports, ,
Last week’s economic news included readings on inflation, core inflation and consumer sentiment. Weekly reports on mortgage rates and first-time jobless claims were also released. Lower Gas Prices Dampen August Inflation Rate Consumer prices fell in August; analysts attributed the decline to lower gasoline prices. August’s reading matched expectations, but was 0.20 percent lower than July’s reading. The Core Consumer Price Index, which excludes volatile food and fuel sectors, rose by 0.30 percent and matched July’s reading. Analysts expected an August core inflation reading of 0.20 percent. Rising housing and healthcare costs indicated that overall inflation would rise in coming…
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13 Sep 2019
By 24hr Mortgage

4 Simple Tips For Staying Organized With Kids

Real Estate, ,
It can be challenging to be organized when you have children. But this is only because, as a devoted parent, you want to be sure your child has everything they need to become happy, well-rounded adults some day. This usually means you'll be bringing your kids to extracurricular activities, play dates, fun events and family outings. It also typically means that over the years there will be a steady stream of school supplies, toys, new clothes and maybe even a musical instrument or two. So how can busy parents stay organized with kids?  Share A Calendar Depending on how you…
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12 Sep 2019
By support

How Long Should I Spend Looking For a New Home?

Real Estate, ,
Whether you've been looking for a home for a long time now, or you're just about to get started on the hunt, you're probably wondering how long should you spend looking for a new home. Does it take weeks to find your forever home, or months or even a year? What's typical? There Is No Typical The reality is, there is no typical amount of time it takes to find your home. There are too many variables, including how actively you're looking. Maybe you've heard horror stories of people who've been hunting for a house for a year. But come…
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11 Sep 2019
By 24hr Mortgage

Smooth Move: Do These Six Things When Transitioning Towns

Real Estate, ,
It can be physically and emotionally challenging when moving from one town to another. There are lots of things going on at once; the actual packing and moving your belongings, saying goodbye to friends, changing jobs and just getting used to a new way of living. It can be stressful, but it doesn't have to be. Try these six tips for a smooth transition. 1. Let Go Try to look forward instead of back. You will certainly want to remember all the wonderful moments you've had in your "old" town, but give yourself permission to be excited about your new…
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