There are 40 blog entries for December 2013.
- The Christmas week saw mortgage rates moving mostly sideways, with limited economic data or significant news to push rates either way.
- Stock markets and treasuries did move higher last week, but it appeared to have limited impact on mortgage rates, at least for the time being.
- We wrap up 2013 with mortgage rates that are almost a percentage point higher than at the beginning of the year. It is worth remembering that while rates have been moving slowly upward, we remain in historically low territory.
- The mortgage industry has gone through many significant changes in the last few years, and more changes are coming. If our economy is finally at
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2014 real estate predictions reveal the home seller’s market in Southern California will continue next year so it’s a great time to sell if you’re ready for a move. One of the biggest decisions for sellers when it comes to putting their house on the market is deciding on a price. The wrong price can have your home sitting on the market for months on end even in a hot seller’s market, so it’s important to take your time when deciding on a price tag.
Although you will get a higher price for your home in a seller’s market, it’s crucial to be realistic and grounded when pricing it. Here are 4 tips for pricing your home in a seller’s market or any market for that matter.
1. Use an online calculator.
First Team’s house value estimator not only…
So you want to buy a house, what’s the first thing you need to do? Save for a down payment. While this can seem a daunting task, with a little bit of penny pinching a few unique money saving tricks, it can happen faster than you think. If you’re looking for new and fresh ways of coming up with a larger down payment for your new home, here are some tips to help you out.
1. Embrace the hipster lifestyle.
Just wait, let us explain. Hipsters these days are too cool for most mainstream things like TV, fast food and technology making them the perfect people to emulate when pinching pennies. Taking a page out of their book could not only up your cool factor among your circle of friends, it can also save you some serious dough to put toward a down payment…
- The beginning of the end of the Fed’s third round of Quantitative Easing, aka QE3, has now begun. The Fed will begin to taper its bond purchases next month, with QE3 likely to be terminated by the end of next year.
- As expected, mortgage rates increased, but as the market was mostly expecting the move, the increase was not huge. Other economic news also helped to pressure rates higher.
- The third revision to the third quarter’s GDP was adjusted to 4.1%, a fairly robust number. Additionally, Industrial Production moved higher than expected, and Housing Starts blasted almost 23% higher.
- For this Christmas week, we have limited economic data and fewer working days for