ARCHIVED BLOG POSTS
2018
Last week's economic reports included readings on sales of new and previously-owned homes along with weekly readings on mortgage rates and new jobless claims.Home Sales Lower in AprilSales of new and previously-owned homes were lower in April. The Commerce Department reported sales of new homes a...
05/29/2018
Last week's economic releases included the National Association of Home Builders Housing Market Index for May, Commerce Department reports on housing starts and building permits issued. Weekly readings on mortgage rates and first-time jobless claims were also released.Home Builder Confidence Rise...
05/21/2018
Before an owner can market a property to buyers that want to use a FHA loan, he will want to familiarize himself with the FHA's standards. FHA won't insure loans on just any property.While their standards aren't as stringent as they used to be, a home needs to be in relatively good condition to q...
05/18/2018
When it comes to a property that's been financed with a mortgage, homeowners can experience the need or desire to live elsewhere from time to time. Renting may be considered as a way to recover some of their costs when they are not using their home.In some cases, homeowners - when acting as landl...
05/18/2018
Last week's economic reports included readings on consumer prices, consumer sentiment and weekly readings on mortgage rates and new jobless claims.Consumer Price Index Increases in AprilConsumer prices rose by 0.20 percent in April according to the Commerce Department. Analysts expected prices to...
05/14/2018
Reality TV shows have inspired people to flip houses for profit. They make it look fun, easy and the type of business anyone with some capital can get into.Every once in a while, house-flipping episodes show an underperforming sale and a financial loss. That is why people in the flipping business...
05/11/2018
Last week's economic releases included readings on inflation, construction spending and private and public- sector payrolls. Weekly readings on mortgage rates and first-time jobless claims were also posted.Inflation Meets Fed Goal, Construction Spending LowerMarch inflation reached a year-over-ye...
05/07/2018
Rainmaker
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Bob Elliot
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