THE DOWN PAYMENT AS AN INVESTMENT My previous articles emphasized the role of down payment increases as an investment, earning a rate of return that was comparable to the return on other investments. The return on an investment in a larger down payment has three major components: ADVERTISING –Monthly payments are lower because of a […]

A drop in interest rates drives homeowners and homebuyers to the mortgage market. Total mortgage application volume increased 3 percent last week, according to the Mortgage Bankers Association. The mortgage market activity was buoyed by applications to refinance home loans, which increased 5 percent from last week. A drop in interest rates drove homeowners and […]

Home prices continued their steady climb in every state in America—except for one. Thanks for being real, Alaska! If you’re thinking that this steady, inexorable price escalation must have an end in sight, think again. In fact, prices are predicted to go up an additional 5.2% across the country over the next year, according to CoreLogic’s Home Price Index […]