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Posts Tagged ‘Zillow’

How to Save Equity in Home if You Can’t Make Payments

A lot of people are hurting these days, losing their jobs, or the ability to pay the mortgage on their homes. A recent example is Zillow user 4748 from Edgewood, WA who asks inZillow Advice:

We have equity in our home but can’t make payments. If it doesn’t sell how can we get our equity?

Lots of things weigh in the balance in this scenario: failing credit rating, potential rental fees, moving costs and just plain losing your hard-earned money you invested in the house. If you find yourself in this same situation, see the advice 4748 received.

Do you have a real estate question? Ask it in Zillow Advice.

 

Copyright: Zillow.com

 

Mortgage rates remain stable at 4.29%

United States — Sunday, August 15, 2010

National mortgage rates on 30-year fixed mortgages remained stable at 4.29% on August 15, 2010, according to Zillow Mortgage Marketplace. As a comparison, state rates ranged from a low of 4.20% (HI) to a high of 4.46% (NV).

Compared to the week prior to August 15, 2010, the national 30-year mortgage rate remained stable at 4.29%. Compared to three months ago, the 30-year rate is down 48 basis points from its average rate of 4.77%.