With rising rents, more renters are being swayed into home ownership, even in pricey housing markets like New York.
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Late last week, President Obama said more home owners are taking advantage of government programs to refinance into ultra-low mortgage rates, but there’s still more Congress can do to make refinancing easier for home owners.
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Some housing deals are coming with sweet incentives for the real estate agents who can bring in a buyer, everything from big bonuses to fancy cars.
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Closing costs for a mortgage averaged $4,143 last year, which is 12.4 percent higher than in 2010, Bankrate.com reports.
Despite record low mortgage rates, borrowers are finding the cost of getting a loan is on the rise.
Despite record low mortgage rates, borrowers are finding the cost of getting a loan is on the rise.
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With record-low interest rates, more home owners have been looking at refinancing their mortgages to trim their monthly payments. But they’re finding that they may have a lot longer to wait to refinance than in the past.
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The income and business of REALTORS® is growing after many years of decline, according to the2012 National Association of REALTORS®Member Profile.
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