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Banks Giving Away HomesWell, maybe not quite giving them away, but in Flint, Michigan, banks are selling homes for $1000. Yup, you read that correctly.
http://finance.yahoo.com/news/Radical-cheap-1000-cnnm-14005833.html 0 commentsFind Homes for SaleBrowse online listings for homes for sale, plus find median incomes and information on schools. Good resource for first time home buyers.
http://www.zillow.com/ 0 commentsAverage US Mortgage Rates Increaseaverage 15 year and 30 year US mortgage rates increase again amid fears of a weaker housing market
http://uk.reuters.com/article/bondsNews/idUKN2428040020080724 0 comments
YoMrAHolmes saidI have friends that think that buying a home is always the best investment. Depending on where you live as well as a couple of other variables, renting could be a better idea, then put your investment money elsewhere.
about rent or buydevluke saidadjustable rate mortgages typically start with a lower interest rate than a fixed rate mortgage, but as its tied to an economic index, there is the possibility that the interest rate of an ARM will increase over time
about Adjustable Rate Mortgagesdevluke saidState and local property taxes on any US residence is deductible from your income
about Property Taxes DeductionsJackM saidExpect a mortgage interest rate of over 6 percent on a 30 year fixed mortgage in California
about mortgage interest rateYoMrAHolmes saidHandy rent vs buy calculator here, where you plug in how long you plan on staying at your apartment as well as current property tax rates and expected home apreciation value.
about rent vs buy calculatorYoMrAHolmes saidSure, you can buy a home without having any money saved up for a down payment, but you'll have to either take out a second mortgage, which usually has a substantially higher interest rate, or you may be able to qualify for a FHA loan. Check out hud.gov for more information on FHA loans
about buying a home with no down paymentA swicki is a custom social search portal on the topic of your choice. With every search, vote and click, your swicki generates more relevant results and turns into a valuable asset for you and your community. Take a tour to find out more about how swickis work.
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