Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
The housing market seems to be heating up nationally and even in our small town. With that being the case, I would like to share a few tips and try to offer a better understanding of the home buying and mortgage process for both seasoned and 1st time home-buyers alike from someone's perspective who has sat on both sides of the desk as a loan officer and consumer.
Is the down payment keeping you up at night? Rest easy: We debunk some myths that may have misled you about this crucial step of the home-buying process. If you're thinking about buying your first home, that pesky down payment has probably kept you awake more than a few nights.
Before you start perusing real estate websites looking for your dream home, you first need to get serious about your money. Check your credit, save some cash and design a budget you can live with and you'll be on your way to buying your first place.
Kenneth R. Harney of the Washington Post Writers Group is a past member of the Federal Reserve Board's Consumer Advisory Council and is currently on the board of directors of the National Association of Real Estate Editors. Reach him at KenHarney@earthlink.net.
Buying a home is always a good investment. Unless of course you bought right before the housing crisis and watched your investments deflate right before your eyes.
The Turnbull government is looking "closely" at a rent-to-buy scheme for first home buyers similar to that used in Britain, Fairfax Media has confirmed, as MPs rush to fill the void on housing affordability with their own ideas. Nationals MP Andrew Broad on Friday floated a proposal to allow renters to buy a home without paying a deposit, if the money they normally spent on rent was commensurate with the mortgage repayments.
There was a time when American voters had to wonder whether Barack Obama was personally corrupt. In 2008, that was the claim of both Hillary Clinton in the primaries and John McCain in the general election campaign.
It's been more than a year since Nate Lowenstein started shopping for a home, and he's grown frustrated by the scant number of homes on the market. Like many house hunters in Los Angeles, he also complains sellers are unwilling to budge on prices, emboldened by offers from multiple bidders.
In this Dec. 6, 2016 file photo, a house is for sale in Coral Gables, Fla. Economists predict mortgage rates will continue to climb next year, just one of the trends that suggest 2017 could be a more challenging year for homebuyers.
A: I used to want to buy a house so I could have my own garden. Despite my dismal track record for keeping plants alive, I wanted to be able to grow more fresh food than a few sad herbs on a fire escape.