Gary Pierpont Blog

Low mortgage rates continue to contribute to a stronger housing market. New home sales are at their highest point in 9 years, and there’s a nearly 32% improvement in sales for homes under $300k. More, here.

 

CNBC has a list of the U.S. cities where it’s easiest to get a mortgage. Detroit tops off at #1, with Miami, Cleveland, Las Vegas, and San Antonio on the other top 5 slots. More, here.

 

Jeff Reeves seems to think so. In fact, in his article for MarketWatch, Jeff posits that this is the best time in history for real estate investment. More, here.

 

Retiring without a mortgage requires planning. Joe O’Boyle, writing for Money magazine, lists a few options, here.

 

The Denver Post shares some valuable information on whether you should make extra mortgage payments. More, here.

 

Dennis Cisterna, writing for U.S. News and World Report, has a piece this week weighing the pros and cons of having a partner when investing in real estate. More, here.

 

Maybe you spent some of the best years of your life in a college town, but living there long-term can present some challenges. U.S News and World Report has some points to consider before you make a decision. More, here.

 

Housing starts have rebounded to their second-highest rate since the recession. Overall starts are 5.6% higher when compared to a year ago. Also, the National Association of Home Builders said builder sentiment rose slightly in August. More, here.

 

Mortgage rates have risen slightly, but are still historically low. Sean Becketti, chief economist at Freddie Mac, said “A surprisingly strong July jobs report showed 255,000 jobs added and 0.3 percent wage growth from last month, exceeding many experts’ expectations.” More, here.

 

Jack M. Guttentag, Professor of Finance Emeritus at the Wharton School of the University of Pennsylvania, has a piece on The Huffington Post offering tips on paying off a 30-year loan within 15 years. More, here.