As I pen this information today, hundreds of mortgage brokers and lending institutions are jumping on the latest residential loan trend. “NO CLOSING COST HOME LOANSâ€?. I know that I can’t turn on the radio and not hear about this new loan with no closing costs, and no fees at all. Does it get my attention? It sure does! After years of ferreting out this fee and that fee, paying $800.00 for an appraisal that cost the lender $250.00, my ears do a double take. The no closing cost home […]

According to the Office of Federal Housing the home appreciation has slowed to the lowest deceleration in three decades. This is as of their September 5, 2006 press release. This is within almost every region of the country.  With that said though, home prices still grew at 10.06 percent higher in the 2nd quarter of 2006 over one year earlier. No, the appreciation rates are not rampant like in years past but the growth is still there and real estate is still a great tool for investment. By divisions though, […]