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Financial News
Private Residential Construction Reaches 3 Year High in May
Date: 7/31/2012 The Census Bureau's newest release on construction spending showed a 2.8 percent increase in spending activity for private residential projects in May 2012. On a three-month moving average basis, spending has increased during each of the last 8 months. This release also featured revisions to prior estimates dating back to January 2010. While......Read More
HARP Refinances Continue to Surge-One in Five Refinancings Made through HARP
Date: 7/24/2012 Refinance volume is continuing to rise with more underwater borrowers refinancing through the Home Affordable Refinance Program (HARP) than ever before. According to the Federal Housing Finance Agency's (FHFA) latest Refinance Report, HARP loans represented 20 percent of total refinance volume in May, the largest increase since the pro......Read More
Must Know Tips for Navigating the Housing Market
Date: 7/19/2012 "Studies on homeownership prove that it enhances our lives in many ways, and among them is how we plant deeper stakes within the communities we call home," notes John L. Heithaus, CMO of MRIS. "Since navigating the housing market has become more complex than ever, any potential homebuyer, whether a first-time buyer or not, can benefit from s......Read More
Keep Water Away From Your Home's Foundation
Date: 7/12/2012 "Water is the number one cause of damage to the homes we live in," says Jamison Brown with AmeriSpec Home Inspection Service in southeastern Virginia. "Excessive water around and under the footprint of the home can produce a host of unwanted consequences - fungal growth and structural damage." To protect your home, the soil around the......Read More
Home is Where the History Is
Date: 7/3/2012 As Americans prepare to celebrate Independence Day next week, thousands of them will flock to places like Mount Vernon, Monticello and Peacefield to learn and understand more about our country's history and the men and women who shaped its future. The homes of founding fathers like George Washington, Thomas Jefferson and John Adams were more......Read More
