What Affects Mortgage Rates?
Your mortgage rate depends on your own financial portfolio and the home you plan to buy. But that’s not all. Mortgage rates also reflect movements in the U.S. housing market and the global economy — which is why they’re in constant flux. Economy – The global financial picture drives all interest rates, including mortgage rates Lender pipeline – The amount of business a lender is currently processing can impact their rates Property location – State laws can drive up lender costs or keep them...
Read MoreThinking of Selling?
Key Questions for Owners Thinking of Selling For many cities throughout the U.S. real estate markets, today undeniably favor sellers. With those markets that are particularly competitive, it can be very tempting to list your home even when you haven’t made a concrete decision to sell. Taking the plunge and listing can be an exhilarating decision, but doing so without asking yourself some important questions could leave you scrambling to figure out what you’re going to do should...
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Housing Affordability
The Ultimate Truth About Housing Affordability There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means. On a monthly basis, the National Association of Realtors (NAR), produces a Housing Affordability Index. According to NAR, the index… “…measures whether or not a typical family earns enough income to...
Read More5 Big Reasons to Sell Your Home This Year
5 Big Reasons to Sell Your Home This Year (Because It Could Get Tougher) Rachel Stults | Feb 20, 2019 | Realtor.com It’s no secret that life’s been pretty good to sellers for the past several years. Even if you had no need—or desire—to move, the housing landscape might have seriously tempted you to put your house on the market anyway. After all, it’s hard not to see visions of dollar signs when your neighbors are unloading their homes for tens of thousands over asking price....
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Sell Your Home in 2019
5 Big Reasons to Sell Your Home This Year (Because It Could Get Tougher) Rachel Stults | Feb 20, 2019 | Realtor.com It’s no secret that life’s been pretty good to sellers for the past several years. Even if you had no need—or desire—to move, the housing landscape might have seriously tempted you to put your house on the market anyway. After all, it’s hard not to see visions of dollar signs when your neighbors are unloading their homes for tens of thousands over asking price....
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