Factors to be considered:
TIME
• Renting: Renting the house should be considered if you are a frequent traveler and you are sure that you won’t stay in the house for more than a couple of years. Due to the overhead expenditures involved, buying [...]
Property Comparison - Should a property be rented or bought?
September 1, 2008 – 3:09 pm
Home Mortgage Refinancing : Why Do People Choose This Path
June 18, 2008 – 9:57 am
If you have ever had a problem with cash flow because you have too many small debts, home mortgage refinancing may be an answer that works for you. You get your high interest debts paid off and replace them with a lower interest home equity loan.
Overview
A home [...]
No More Cheaper Housing Loans
June 18, 2008 – 9:53 am
Poor inflation judgment by the Bank of England has pushed interest rates to soaring levels for a second day running, suppressing any hopes of looming cut in new mortgage rates.
Three-month sterling Libor, the benchmark rate used to price many loans, soared by 0.04 percentage points to 5.84%, bringing the rise to 0.08% in [...]
Fed cuts rate again. What does that mean?
May 14, 2008 – 10:06 am
At their last meeting April 30, the FOMC (Federal Open Market Committee) of the Federal Reserve System cut the federal funds rate .25% to 2.00%.
The federal funds rate is the interest rate banks charge each other for overnight loans for cash to maintain their reserves mandated by the Federal Reserve. This directly influences [...]
Florida Real Estate: Surviving The Mortgage Bust
May 4, 2008 – 5:00 pm
The mortgage bust that hit the U.S. resulted in a major decline in the real estate market.
Florida and Miami were among those who were hit the hardest in the market decline of residential and commercial properties. Though compared to the state of the real estate market in 2006 and 2007, many [...]