The Housing Recovery

Will History Repeat Itself?

Will History Repeat Itself?


The ability to buy, sell, and own property has long defined our nation. But – some recent statistics have some people concerned.

Can I Refinance and Get Rid of My ARM?

Stuck in an ARM and wish you could refinance into a fixed-rate mortgage? Here are 4 circumstances that could derail your hopes, and how to get back on track.

An adjustable-rate mortgage saves you a ton when rates go down, but when rates rise, your payment can leap to unaffordable levels. 

Mortgage Rates Drift Lower — Again

The 15-year mortgage rate falls to a record 2.87%.

Fixed mortgage rates fell for the sixth straight week, with the benchmark 30-year fixed mortgage rate retreating to a four-month low of 3.57%, according to Bankrate.com. The average 30-year fixed mortgage has an average of 0.31 discount and origination points.

The news was even better on the average 15-year fixed mortgage, which set a new record low of 2.8%. The larger jumbo 30-year fixed mortgage rate held at 3.98%.

HARP Mortgage Refinancing Program Extended by 2 Years

Federal Home Affordable Refinance Program for home owners who owe more than their homes are worth will now run through 2015.

Underwater home owners with Fannie Mae- and Freddie Mac-backed mortgages will be able to try to refinance their mortgages for another two years.

The Federal Housing Finance Agency announced Thursday that Fannie and Freddie’s Home Affordable Refinance Program, which was set to expire Dec. 31, will be extended until the end of 2015.

7 Tips to Fix Mistakes in Your Credit Report

It’s not easy and it’s not quick, but at least we have tips you need to fix your credit report

Is your credit report telling lies about you? Credit report errors happen all the time, especially if you have a common name. Dispute them pronto, so you don’t end up paying more than you should for your mortgage and home owners insurance, or have trouble getting credit.

Millennials Show Strong Interest in Home Ownership

The majority of Millennials are strongly interested in becoming home owners, according to a survey from national home builder PulteGroup.

The PulteGroup Home Index Survey found 65% of renters ages 18-34 with an income of more than $50,000 want to buy a home.

REALTOR.com Warms Up Its Look

To find the perfect house to buy, you need to understand facts and figures, but listen to your heart as well.

One of the most popular real estate websites in the U.S. has retooled itself with an eye toward making the serious business of buying or selling a home more enjoyable.

REALTOR.com has a new look that reflects a warm, personable, connected, and consumer-centric approach to the home buying and selling process.

Here’s a Great Way to Clean a Smelly Disposal

Kitchen sink disposal

There are numerous ways to clean a garbage disposal using ordinary household products. Image: Liz Foreman for HouseLogic

Heloise Shares Hints on Creating a Flu-Free Home

Heloise

Heloise, who writes the syndicated advice column Hints from Heloise, offers suggestions for keeping your home flu-free. Image: The Home & Remodeling Show