Resources For You

Current news on the housing market, including articles on home trends, home buying, home selling, and homeowner advice.

http://www.bankrate.com/finance/savings/how-to-save-money-fast.aspx?ec_id=cnbcx_finance_mod

http://nahbnow.com/2017/01/nahb-congratulates-donald-trump-on-becoming-the-nations-45th-president/

First-time home buyers can sometimes feel like lenders are speaking a different language. Find out what mortgage escrow is, how it is calculated, and why you might want to take advantage of it.

http://realestate.mlive.com/mortgagesandloans/2017/01/mortgage_trends_to_look_for_in.html#incart_river_index

The average rate for a 30-year fixed-rate mortgage fell to 4.20% from 4.32% from last week, according to Freddie Mac. This is the first drop in the 30-year fixed rate since the presidential election.

In a move that will make home loans more affordable, the Federal Housing Administration (FHA) announced today that it will reduce the annual premiums most of its borrowers pay on mortgage insurance premiums by 0.25 percentage points from 0.85% to 0.60%.