U.S. homeowners who sold their homes in March 2016 earned an average rate of 17% or average amount of $30,500 over the amount they originally paid for their homes, the highest average…
Tag: homeowners
Buy a Home — Home Ownership Matters
There are at least 9 reasons why Americans should buy a home and why home ownership matters, according to the National Association of Realtors. It’s for these reasons that NAR has embarked…
The Dream to Buy a Home Persists
Despite the adversities caused by the collapse of the housing market, most Americans still nurture the dream to buy a home, according to a national survey conducted by Fannie Mae in August…
Freddie Borrowers Refinancing Into Fixed Rate Mortgages
Nearly all Freddie Mac-backed mortgage borrowers who refinanced their loans in previous quarters have chosen to shift from adjustable-rate to fixed-rate mortgages or to remain users of fixed-rate loans. In the third…
18 States Work Out Programs to Help Distressed Homeowners with $4.1 Billion
If your state is not among the 32 states implementing the Emergency Homeownership Loan Program, then your state is among the 18 states that were granted $4.1 billion in Hardest Hit Fund…
Foreclosure Paperwork Problem — What Does It Mean to Homeowners?
One of the country’s largest banks, J.P. Morgan Chase, has just announced that it will suspend foreclosures in 23 states where there are a lot of troubled homeowners fighting court-ordered evictions with…
A Surprising Discovery about Home Insurance Policyholders
Almost one-third of American homeowners don’t know the amount of their home insurance coverage and an additional 46 percent don’t know the amount of coverage for their possessions. These are the main…
Top Mortgage Lenders in Customer Satisfaction
If you’re planning to get a loan to buy a home, consider choosing from the mortgage lenders and servicers chosen by 4,516 homeowners interviewed by J.D. Power in its primary mortgage service…
More Homeowners Mean More Stable Communities
If you’re buying a home, you’re not only giving your family a more comfortable and stable life, you’re also contributing to the stability of your community. Studies cited by the National Association…
Great News about Florida Surmounts Oil Spill Issues
Much of the noise about Florida now in the mass media is about the Gulf Coast oil spill and its effects on everything from fishers and homeowners to top BP executives invading…