How a Fixed Mortgage Rate Works and Why It’s Better Than Variable Rates

In terms of interest rates, mortgages can be categorized into two kinds – variable rate mortgages and fixed rate mortgages. Variable rate mortgages (also known as adjustable or floating rate mortgages) are those with an interest rate that changes according to market conditions and the lender’s discretion. With fixed rate mortgages, the interest rate stays constant throughout the tenure of the loan, irrespective of any ups and downs in the economy. [Read more…]

Buying a Home Becomes More Expensive as Mortgage Rates Rise

Even as real estate developers and analysts eagerly await the spring season which is traditionally the best time of the year for sellers, mortgage rates are rising, following the Fed’s cautious step backwards from its mortgage purchase program. [Read more…]

Mortgage Market to Remain Stable with New Investors Filling the Fed Void

Investors are wary of the direction that the housing market may take, now that the Fed is no longer supporting it. However, analysts believe that the sector will not be subjected to much turbulence in the form of soaring interest rates because other investors who have been waiting in the wings for sound investment opportunities will fill in the void. [Read more…]

Home Construction Rates Fall But Still Exceed Expectations

Although home construction rates declined in the month of February, they still exceeded the expectation of analysts and economists. The government published the home construction statistics recently, which revealed this trend. [Read more…]

Home Bottom #1 Widget

This is a widgeted area which is called Home Bottom #1. It is using the Genesis - Featured Post widget to display what you see on the Enterprise child theme demo site. To get started, log into your WordPress dashboard, and then go to the Appearance > Widgets screen. There you can drag the Genesis - Featured Post widget into the Home Bottom #1 widget area on the right hand side. To get the image to display, simply upload an image through the media uploader on the edit post screen and publish your post. The Featured Post widget will know to display the post image as long as you select that option in the widget interface.

Home Bottom #2 Widget

This is a widgeted area which is called Home Bottom #2. It is using the Genesis - User Profile widget to display what you see on the Enterprise child theme demo site. To get started, log into your WordPress dashboard, and then go to the Appearance > Widgets screen. There you can drag the Genesis - User Profile widget into the Home Bottom #2 widget area on the right hand side.

Home Bottom #3 Widget

This is a widgeted area which is called Home Bottom #3. It is using a text widget to display what you see on the Enterprise child theme demo site. To get started, log into your WordPress dashboard, and then go to the Appearance > Widgets screen. There you can drag a text into the Home Bottom #3 widget area on the right hand side.