S&P Case-Shiller Home Price Indices: Home Prices Fall In November

by Rob Talas | Feb 2, 2023 | Financial Reports

U.S. home prices continued to fall in November according to S&P Case-Shiller’s month-to-month national and 20-city home price indices, but home price growth rates remained in positive territory year-over-year. The national home price index posted a ...

Is It Worth It to Put More Than 20 Percent Down?

by Rob Talas | Feb 1, 2023 | Home Buyer Tips

Are you thinking of buying a new home this spring or summer? If so, you’re not alone. Many thousands of individuals and families alike will become homeowners this year. Whether you’re a first-time buyer or a seasoned veteran of the housing market, you...

What You Need To Know About A Closed-End Second Mortgage

by Rob Talas | Jan 31, 2023 | Mortgage

A home is probably one of the most expensive purchases you will ever make. It is important for you to understand all of the options available to you, particularly if you need a quick source of cash, and you might be thinking about taking out a second mortgage. You can...

What’s Ahead For Mortgage Rates This Week – January 30, 2023

by Rob Talas | Jan 30, 2023 | Financial Reports

Last week’s economic reporting included readings on new and pending home sales, inflation, and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released. New home sales increase in December The Commerce Department reported new...

Getting A Mortgage When Self-Employed: What You Need To Know

by Rob Talas | Jan 26, 2023 | Mortgage

There is a common misconception that someone who is self-employed will not have the tax records or income necessary to qualify for a mortgage; however, that is not necessarily the case. In reality, if you are self-employed, there are a lot of home loan options...