America’s safest cities

From 24/7 Wall St 11/12/14 . In this 2012 photo provided by courtesy of Stroller Hikes, mothers with their babies and toddlers come out for a fast-paced Stroller Hike on the Park Perimeter Loop at Sunnyvale Baylands Park, in Sunnyvale, Calif. All Stroller Hikes are free and open to the public throughout the San Francisco … Continue reading America’s safest cities

How to avoid paying too much for a new home

From Credit.com 11/10/14 We all know buying a home is a big decision with its own set of challenges. The most difficult part usually comes first — calculating how much house you can afford. You will want to take a look at your free annual credit reports and credit scores too, since your credit scores are a major factor in the interest … Continue reading How to avoid paying too much for a new home

Shopping for a loan? Credit unions can be consumer-friendly option

From LATimes.com 11/9/14 Credit unions have gained mortgage market share in recent years. They usually aren't any cheaper when it comes to interest rates, but they tend not to tack on the superfluous fees that other lenders seem to love. (Keith Srakocic / Associated Press) Credit unions reached a pair of milestones recently, and that's … Continue reading Shopping for a loan? Credit unions can be consumer-friendly option

FHA squeezing loans for condos despite surging demand

From LATimes.com 11/9/14 During September in Los Angeles, condos accounted for about 27% of home resales. In Miami, they were 44.9%. Above, signs advertise the sales gallery at the Barker Block loft building in downtown L.A. (Patrick T. Fallon / Bloomberg) Call it the condo conundrum: Demand for condominium units is rising in many urban … Continue reading FHA squeezing loans for condos despite surging demand

One bold move to pay off your mortgage faster

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The gain may outweigh the risk in this move to pay off your mortgage early. From Yahoo Homes 11/7/14 Most homeowners have a love-hate relationship with their mortgage. They love the idea of owning a home but hate spending decades paying it off to finally own it.If you feel the same way, you might want … Continue reading One bold move to pay off your mortgage faster

REAL ESTATE: Apartment rent on the rise

From Press Enterprise 11/3/14 Average Inland rent rises 5.7 percent in September compared to a year ago, and another 9.9 percent increase is predicted by June 2016. Rent has been on the rise in every market across the U.S., and the apartment scene in the Inland area is no exception. Landlords in Inland Southern California with 100 or … Continue reading REAL ESTATE: Apartment rent on the rise

Signs Point to Positive Spring Housing Season

  From The Fiscal Times 11/6/14    Most economists agree that the double-digit gains seen in home prices over the past year are unsustainable, but they also expect home prices to continue to rise at a more modest pace next year. The National Association of Realtors expects existing… Even as the pace of home price … Continue reading Signs Point to Positive Spring Housing Season

5 ways your yard may be scaring off potential homebuyers

From YahooHomes 10/30/14 When you're selling your house, you aren't just selling your house. You're also selling your shrubs, your tree with Dutch elm disease and potentially scads of crabgrass. If you suspect your yard is chasing away more potential buyers than it’s drawing in, consider these six landscaping missteps along with suggestions from real … Continue reading 5 ways your yard may be scaring off potential homebuyers

Mortgage Insurance Paid Upfront

From NYTimes.com 11/6/14 Private mortgage insurance is the bane of home buyers who can’t put down at least 20 percent. The insurance protects the lender in the event that a borrower defaults on a property with little equity, but it also guarantees a considerably higher monthly mortgage payment. An increasingly popular alternative allows borrowers to … Continue reading Mortgage Insurance Paid Upfront