How to Shop for Mortgage Rates

Source: How to Find the Best Mortgage Rates Mortgage rates can change daily, and can vary widely depending on the borrower's personal situation. The difference can mean tens of thousands of dollars over the life of the loan. Here are some tactics to help you find the best mortgage rate for your new home [...]

Houston home sales remain strong in October, luxury market flat

By Olivia Pulsinelli  – Assistant managing editor, Houston Business JournalNov 13, 2019, 2:52pm EST All of the major home-sale metrics remained strong in October, a time of year when activity often begins to slow. The Houston Association of Realtors cited low mortgage interest rates and other positive conditions as factors helping boost sales. Sales of single-family homes totaled 7,231 in […]

Homebuying Doesn’t Hinge on the Mortgage Tax Break

One of America’s most popular tax breaks is about to be rendered nearly useless. And there are few economists rushing to defend it. The $64 billion mortgage-interest deduction has long been touted as fuel for U.S. homeownership. Yet as the real estate industry fights the Republican tax plan that’s set to diminish its use, finding […]

FHA to stop insuring mortgages with PACE loans Trump administration reverses Obama policy

Last year, the Department of Housing and Urban Development announced, with much fanfare and controversy, that the Federal Housing Administration would begin insuring mortgages that also carry liens created by the Property Assessed Clean Energy program, also called PACE. But that was last year. Things are much different now. On Thursday, HUD announced that the Trump […]

New Home Sales Steamroll Expectations

October new home sales blow past expectations It wasn’t supposed to happen after the banner month for new home sales in September, but sales of those homes rose significantly again in October, jumping 6.2 percent to a seasonally adjusted annual rate of 685,000 units.  The seasonally adjusted results for September were the highest in 10 […]

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