The Internet is often the first place mortgage seekers turn to research how much they can afford and to get rate quotes. But many borrowers say they wouldn’t mind if the entire mortgage process moved online—and for some, that’s becoming a reality.
Of recent home buyers surveyed by Discover Home Loans, 36% said a mortgage process without any phone calls or meetings with the len...
Houston Association of Realtors HAR.com Jan 26, 2015
New Year's resolutions may have already faded out, but the housing market is just getting started. Even though it may take a while for new trends to emerge, the housing crisis that was a bear a few years ago has been making mostly positive gains as of late. The common thought is that this will be another year of recovery and further stabi...
After recent highs—driven mostly by a refinancing rush—mortgage applications reversed course and tumbled 3.2 percent last week ending Jan. 23, the Mortgage Bankers Association reported in its weekly mortgage activity survey. The decrease occurred as mortgage rates posted a slight increase during the week.
Still, mortgage applications remain up 36 percent from a year ago....
Here are a few ways you can pay off your mortgage early, according to Bankrate.com.
Add a little payment to principal. Use mortgage calculators to see how adding a little extra payment to your principal--even $100--can shorten the length of your loan and reduce the amount of interest you'll pay on it. Tracy Piercy, CEO of MoneyMinding.com, says home owners can just...
Flood Plain Map and Tool
Flood insurance rates are in turmoil. They have gone up and are being threatened with more increases. I am grappling with the decsion on what/where to buy a weekend home in Galveston. Flood insurance costs can be horrible.
This is not to scare you off, but to make you aware. Shady Acres is the perfect example. A good portion of Shady Acres is in the flood plain, but ...
Tougher Reverse Mortgage Rules to Take Effect
Beginning March 2, 2015, borrowers will have to pass a financial assessment before they can take out a reverse mortgage. The new rules are meant to prevent loan defaults, but they will make it much more difficult to get a reverse mortgage.
A reverse mortgage allows a homeowner who is at least 62 years old to use the equity in ...
We have an OPEN HOUSE this Saturday. Come stop by and check out this adorable bungalow in the heart of Bellaire!
SATURDAY JANUARY 31ST 12PM-2PM
5213 Locust Street, Bellaire, TX 77401
Click to get more info: http://rem.ax/1z7saNe
There are so many other open houses going on in the Houston area this weekend. Use our open house finder to find your dream home: http://re...
Setting-up your Utilities in Houston
By Sibel Caliskanlar Share Post
As with any city, county, or state, there are specifics about utility providers and regulations that are unique to that region. Houston is no different in this regard. Here’s a Houston homebuying tip for those needing to set-up their Utilities.
Houston (and Texas for that matter)...
Buyers are always on the look out for the next great house to go on the market. When they find that home, they compare it to others in the same neighborhood on items like overall appeal or price. Ultimately, buyers want to meet their needs vs. wants list with that perfect house.
I have helped many sellers "stage" their home to lure a buyer toward their home. I offer all my clients cre...
With a strengthening employment market, many economists are predicting that home buyers will see a much more active housing market in the coming months. Bankrate.com in a recent article highlighted several tips to aid home shoppers in their house hunt, including:
Put the ego aside in negotiations, do the math. Your home shoppers need to factor in the low interest rates and how much they...
Conoco, BP, Chevron form new Gulf of Mexico partnership
Jan 28, 2015, 10:45am CST
Chevron, BP and ConocoPhillips are all teaming up on a new Gulf of Mexico exploration partnership.
Reporter-Houston Business Journal
Three of the world's largest oil ...
Area's apartment fever appears to be cooling
By Erin Mulvaney and Nancy Sarnoff
January 27, 2015 Updated: January 27, 2015 9:18pm
These residential units will be part of the River Oaks District development. The number of apartment projects being started in the Houston area is expected to fall off considerably.
In the last two years, the multifamily market in Hous...
Local housing market won't slam on the brakes, economist says
By Nancy Sarnoff
January 22, 2015 Updated: January 25, 2015 12:46am
A leader in home construction sees a slight pullback in the area's higher-end housing.
Houston managed to avoid a big drop in home prices seen in other major metros during the last recession. But fast-forward to today, and the &q...
I recall when walking the beautiful and magnificent Champions Golf Club last October, closing my eyes and trying to visualize what it most felt like being in the audiece of thousands of spectatators watching great golfers like Arnold Palmer, Ben Crenshaw, Tiger Woods........golfing here at the Champions Golf Club here in Houston. Being a transplant from Michigan in September of 2013, well pas...
Home buyers tend to fall in love with a home based on various rooms and amenities available. We want to help you fall in love with your dream home! We are always here for your real estate needs.
-Mary & Kelly