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Monthly Archives: June 2009
With The Year Half-Over, How Accurately Did Economists Predict 2009
At the start of the year, the “experts” made a lot of predictions about the U.S. economy and what to expect in 2009. Some said housing would rise Some said housing would fall Some said mortgage rates would rise Some … Continue reading
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All-Natural Pest Control That’s Effective And Safe For Kids And Pets
In between visits from the exterminator, it’s not uncommon to see the occasional ant, spider or roach or insect around the house. But what to do about it? One solution is Terminix SafeShield, a new, eco-friendly home pest control product … Continue reading
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In Another Good Sign For The Housing Market, Builders Are Clearing Out Their Inventory
If you only saw the headlines this week, you may have missed another positive sign in the housing market. According to the Census Bureau, the supply of newly-built homes for sale fell to 10.2 months in May, its lowest level … Continue reading
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A Simple Explanation Of The Federal Reserve Statement (June 24, 2009 Edition)
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged today within its target range of 0.000-0.250 percent. The Fed also reiterated its plan to support the mortgage market to the tune of $1.5 trillion. In its … Continue reading
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3 More Signs Of A Strengthening Housing Market
The housing market got another dose of good news yesterday. According to the National Association of REALTORS, the number of homes sold in May increased for the third straight month and the national housing supply fell by 5 months. Furthermore, … Continue reading
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Like To Play It Cautious? Consider Rate Locking Ahead Of Wednesday’s Federal Reserve Meeting.
The Federal Reserve begins its scheduled two-day meeting this morning. It’s one of 8 scheduled meetings for the Federal Open Market Committee this year. When the FOMC meets, it discusses the financial and economic conditions around the country and, when … Continue reading
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Video : How To Remove Hard-Water Stains From Your Shower
Water high in mineral content — specifically calcium and magnesium — is more commonly known as “hard water“. There’s no negative link between hard water and human health, but hard water has been known to mess with a homeowner’s penchant … Continue reading
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How To Fight Mortgage Rate Volatility When Buying A Home
Mortgage rates are suffering through another volatile week, causing problems for home buyers. After falling Monday and Tuesday, mortgage rates surged Wednesday and Thursday. The momentum higher appears to be carrying into the weekend, too. There are several data-related reasons … Continue reading
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Adjusting For Cost Of Living Differences When You’re Moving To A New City
Moving to a new metropolitan area requires adjustments. There’s new streets to learn, new weather patterns to get used to, and new social cultures to assimilate. There’s also new costs. Just like home values vary by area, so does the … Continue reading
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The Double-Edged Sword That Is Rising Housing Starts
After being range-bound since the start of the year Housing Starts unexpectedly jumped in May, surprising analysts and Wall Street. It’s the latest in a string of housing-related data that suggests a real estate recovery is already underway. Housing Starts … Continue reading
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