Housing and mortgage trends to watch for in 2018

December 18, 2017

WASHINGTON – Dec. 15, 2017 – The housing picture is likely to improve in 2018. Why? Home prices are expected to climb, but not as fast.

Plus, more houses could be for sale toward the end of the year, giving...read more

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U.S. 30-year, fixed-rate mortgage rate slips to 3.93%

December 15, 2017

WASHINGTON (AP) – Dec. 14, 2017 – The rate on 30-year fixed-rate U.S. mortgages slipped to 3.93 percent this week.

Mortgage buyer Freddie Mac said Thursday that the benchmark 30-year home loan rate was down from 3.94...read more

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HUD announces new FHA loan limits for 2018

December 13, 2017

WASHINGTON – Dec. 11, 2017 – The Federal Housing Administration (FHA) announced the agency's new schedule of loan limits for 2018, which will increase in most areas of the country with 3,000 counties affected. The new loan...read more

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Want to raise your FICO credit score? Pay off bills

December 7, 2017

NEW YORK – Dec. 5, 2017 – A credit score can have a big impact on a person's ability to buy a house. A low score can put a kink in finalizing a loan agreement. Consequently, homebuyers need to know their credit...read more

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IRS wants to know: Is that a second home or vacation home?

December 4, 2017

ORLANDO, Fla. – Dec. 4, 2017 – If vacation has been so much fun that you don't want it to end, a second home might be for you. Think carefully about all the issues surrounding owning a second home, however,...read more

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