Friday, February 1, 2019

5 Brand New Books to Read in February

When the temperatures drop below zero (in some cases, way below), there's no other option than to grab five blankets and a fantastic read.

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from Apartment Therapy | Saving the world, one room at a time http://bit.ly/2UxOrAY

This Converted Sprinter Van is a Surprisingly Livable Tiny House on Wheels

This 2008 Dodge Sprinter is like the TARDIS from Doctor Who and the tents from Harry Potter and the Goblet of Fire; it's unassuming on the outside, but surprisingly livable and functional inside. The van's adventurous owners have somehow found enough space to sleep, cook, store outdoor gear, and drive, allowing them to travel to some of the country's most gorgeous natural locales.

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from Apartment Therapy | Saving the world, one room at a time http://bit.ly/2DPxxYV

Why Are Mortgage Payment Amounts Rising 3 Times Faster Than Home Prices?

Posted To: MND NewsWire

While the median price of a home sold nationally increased more than 5 percent over the 12 months ended in October, the monthly payment on that home went up by more than three times as much. That's the bad news. The good news is, that may be as bad as it gets. Andrew LePage writes in the CoreLogic Insights blog that the median price of a home sold in October 2018 was $218,733, a 5.2 percent annual increase. Over that same period mortgage interest rates rose by 0.9 percentage point. This magnified the home price appreciation and led to a 17 percent increase in the principal and interest payment on that home. However, LePage said that forecasts for both home prices and mortgage rates indicate a much slower increase in mortgage payments this year, probably closer to 7 percent. The CoreLogic Home...(read more)
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from Mortgage News Daily http://bit.ly/2SiaJsS

Why Are Mortgage Payment Amounts Rising 3 Times Faster Than Home Prices?

Posted To: MND NewsWire

While the median price of a home sold nationally increased more than 5 percent over the 12 months ended in October, the monthly payment on that home went up by more than three times as much. That's the bad news. The good news is, that may be as bad as it gets. Andrew LePage writes in the CoreLogic Insights blog that the median price of a home sold in October 2018 was $218,733, a 5.2 percent annual increase. Over that same period mortgage interest rates rose by 0.9 percentage point. This magnified the home price appreciation and led to a 17 percent increase in the principal and interest payment on that home. However, LePage said that forecasts for both home prices and mortgage rates indicate a much slower increase in mortgage payments this year, probably closer to 7 percent. The CoreLogic Home...(read more)
Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


from Mortgage News Daily http://bit.ly/2SiaJsS

Lender Products; FHA/VA/Ginnie News; HMDA and Compliance Update

Posted To: Pipeline Press

I can tell it's almost Valentine's day since Costco just put out the Halloween decorations. Speaking of Costco, its minimum wage is now $14 per hour. I recall reading that nearly one-third of our nation's workforce, 41 million people , make less than $12 per hour. Jobless claims, ADP employment, and the employment statistics from the government continue to paint a rosy picture, but many now believe that the Fed may not raise rates in 2019 given the current economy. Lender Products and Services On the heels of success with the Single Close Construction program in 2018, GSF Mortgage Corp. ( GSF ) is kicking off the new year strong by attending the NAHB International Builders' Show in Las Vegas, NV, through February 19-21 . Highlights of our Single Close Construction program...(read more)
Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


from Mortgage News Daily http://bit.ly/2SkvgwR

Lender Products; FHA/VA/Ginnie News; HMDA and Compliance Update

Posted To: Pipeline Press

I can tell it’s almost Valentine’s day since Costco just put out the Halloween decorations. Speaking of Costco, its minimum wage is now $14 per hour. I recall reading that nearly one-third of our nation’s workforce, 41 million people , make less than $12 per hour. Jobless claims, ADP employment, and the employment statistics from the government continue to paint a rosy picture, but many now believe that the Fed may not raise rates in 2019 given the current economy. Lender Products and Services On the heels of success with the Single Close Construction program in 2018, GSF Mortgage Corp. ( GSF ) is kicking off the new year strong by attending the NAHB International Builders' Show in Las Vegas, NV, through February 19-21 . Highlights of our Single Close Construction program...(read more)
Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


from Mortgage News Daily http://bit.ly/2SkvgwR

This Tiny House Has a Genius Solve for Hacking More Kitchen Space

Tiny houses and other super compact homes don't just provide style inspiration; they should be mined for their smart small space living solutions, too. For example, I found ideas in the tidy Airstream home known as the Tin Can Homestead. Plenty of organizing lessons can be discovered in this incredibly livable 160-square-foot tiny house. And most recently, I came across a genius solve from a tiny house in Hawaii.

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from Apartment Therapy | Saving the world, one room at a time http://bit.ly/2RwsLTG