2015’s Hottest Housing Markets

condosWith a new year just around the bend, housing market analysts, economists, home construction and real estate professionals are all eagerly looking ahead. Although 2014 was not without some sluggish moments, overall, the U.S. housing market definitely continued on its slow and steady recovery. Even as the final numbers on sales, inventories, home values and appreciation rates are tallied, it appears that many in the industry have already rung in 2015. [Continue reading]

Mortgage Rates Remain Extremely Low-Now is Still a Great Time to Buy or Refinance

For anyone who believes that buying a home in the “good old days” was a much more affordable endeavor, here is a little food for thought with a mortgage rate snapshot:

In August 1984 the interest rate for a 30-year fixed mortgage was 14.47 percent, in 1994 it was 8.51 percent and in 2004, it was 5.87 percent. So, now with long-term mortgage rates continuing to drop and the average rate on a 30-year fixed rate mortgage coming in under 4 percent, right now seems like an ideal time to buy! [Continue reading]

Common Causes of Buyer’s Remorse

woman in front of house

Remember dropping a serious chunk of change on that awesome new outfit, designer sunglasses, or flashy car? Regardless of whether you saved up for the purchase or parted with the cash impulsively, you may have experienced that sinking feeling and … [Continue reading]

Homelessness Continues to Decline in the U.S.

house with white picket fence

In 2010, the Obama Administration created our country’s first all-inclusive program to combat homelessness and put an end to it once and for all. Known as "Opening Doors," it seeks to identify and help those who are living on the streets of America. … [Continue reading]

Single-Family Home Production to Take Off in 2015

house in rural area

The 2014 Fall Construction Forecast Webinar, which was presented in late October by the National Association of Home Builders (NAHB) offered up some very promising news. The group of participating economists made several positive predictions for the … [Continue reading]

Rate of Seriously Delinquent Mortgages Dropped in September

dollar bills

As the nation moves on from one of the most tumultuous periods the U.S. housing and financial markets have ever seen, promising developments persist. Recent news reported by Freddie Mac provides further evidence that America’s homeowners may finally … [Continue reading]

Homelessness Continues to Decline in the U.S.

house key

In 2010, the Obama Administration created our country’s first all-inclusive program to combat homelessness and put an end to it once and for all. Known as “Opening Doors”, it seeks to identify and help those who are living on the streets of America. … [Continue reading]

Home Price Appreciation Slows in most U.S. Metros

condos

Amid the housing market and economic recovery, the nation saw some pretty big improvements: Higher home values, fewer days on the market and better employment figures, just to name a few. But with those jumps in market statistics came questions about … [Continue reading]

America’s 3 Best Mountain Towns

Featured - Smoky Mountains

If you're the type who feels more comfortable at a higher altitude, surrounded by rolling hills, or nestled beneath a lush forest canopy, a mountain town may be the perfect place for you to call home. Because we know that everyone's different, we've … [Continue reading]

AFR Welcomes John Samanns as CIO

Parsippany, NJ October 16, 2014 American Financial Resources, Inc., ("AFR") one of the nation's leading independent mortgage originators, has hired John Samanns as Chief Information Officer. Samanns is an experienced IT executive who combines … [Continue reading]