What’s Ahead For Mortgage Rates This Week – August 24, 2020

Last week’s economic news included readings from Case-Shiller on home prices, the National Association of Home Builders Housing Market Indices, and sales of previously-owned homes. Readings on housing starts and building permits issued were released. Weekly reports on mortgage rates, new and continuing jobless claims were also published. NAHB: Home Builder Confidence Rises in August The National Association of Home Builders reported that builder confidence in housing market conditions rose six points to an index reading of 78.in August. The expected reading of 73 was based on July’s reading of 72. Homebuilder confidence was based on sharp demand for homes…
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Comparing An Online And Offline Home Loan Application

The internet has changed how many people shop for a home and one of the most important issues that people will face is whether to fill out a home loan application online or offline. While there is something to be said for going to the loan officer in person and filling out the application with the help of a professional, some people might find the online option to be more convenient. With this in mind, it is important to compare some of the ways in which an online versus an offline home application might be different. The Eligibility Process While…
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Stop The Rot: The Easy Guide To Preventing Dry Rot In Your Home

Did you know that dry rot is ironically created from having too much moisture come in contact with wood? The fact is many homeowners are unaware that dry rot is even setting in, so the first step toward prevention is being able to diagnose possible areas of exposure before dry rot becomes a major renovation expense. Remember that dry rot to your foundation can be an extremely costly repair and will definitely figure prominently into the total value of your property when a house inspection is completed prior to a sale. As well, fungus and mold spores can affect the…
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