Builder confidence in the market for newly built, single-family homes gained five points in May from a downwardly revised reading in the previous month to reach a level of 29 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. This is the index’s strongest reading …

Whether you're refinancing your current home or buying a new one, something worth considering is a 15 year loan rather than a 30 year term. The payments will be a little higher but you'll get a lower interest rate and you'll build equity much faster.

Let's look at …

Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates hitting new all-time record lows for the second consecutive week as they followed bond yields lower. The 30-year fixed-rate mortgage has averaged below 4 percent all but one week since …

According to the National Association of Realtors®, more than 4.25 million homes sold in 2011. That's a lot of real estate and such numbers raise the question: How are sellers doing it?

"Because individual homes are unique, there isn't one single strategy that works equally well for every property," …

The recently released results of Freddie Mac’s first quarter refinance analysis show that refinancing continues to be a favorable option for homeowners seeking to strengthen their fiscal house. 

According to the report, in the first quarter of 2012, 79 percent of homeowners who refinanced their first-lien home mortgage either …

People would tend to overview MORTGAGE as CHAOS... whew!!! Who would disagree??? - Even with good credit, most borrowers will have a hard time borrowing 100 percent of the purchase price today.

Mortgage payment is widely considered as one of the biggest payments most households need to …

"Anyone may arrange his affairs so that his taxes shall be as low as possible...for nobody owes any public duty to pay more than the law demands."

Judge Learned Hand

This opinion refers to federal income tax but the logic and spirit can easily be applied to …

And finally! Call it a Second Home, a Vacation Home or a Retirement Abode -- it is now getting a NOD in the market.

There has been very little good to report in recent news regarding the U.S. housing market, but vacation- and investment-home purchases may change …