Tag Archives: mortgage

Small Is Beautiful  

Small Is Beautiful  

When shopping for a new home, bigger is better, right? When it comes to roomier closets and more spacious kitchens, probably — but not so much when considering the return on your investment. According to a NerdWallet analysis of three years of data from Realtor.com for 20 of the largest U.S. metro areas, smaller homes

Home Security Tips for First-Time Homeowners

Home Security Tips for First-Time Homeowners

While buying a new home for the first time is exciting, there are some security actions you should not skip. Purchasing your very first home is an occasion that merits celebration. But before you get lost in setting up for the house-warming party, it is important to make sure your new home is secure. New

How to Create a Tempting Offer Specifically for Sellers

How to Forge a Tempting Offer Specifically for Sellers

How to Create a Tempting Offer Specifically for Sellers When you make an offer for your dream home, you should be like Marlon Brando and “Make them an offer they can’t refuse.”  Finding the ideal home is like striking gold! After hours of scouring the housing market, you’ve finally found the home that fits your

College Graduates: Tips For Buying a Home

Tips College Graduates Buying a Home

Home Buying Tips For College Grads When you graduate from college, the whole world opens up to you. Equipped with your degree and all of the knowledge you take away from your education, you are ready to embark into the exciting, unknown realm of adulthood. With it comes adult opportunities like the chance to get

U.S. Homeowners Are Dropping In Numbers

U.S. Homeowners Are Dropping In Numbers

A report from the U.S. Census Bureau revealed a surprising truth: the rate of homeownership is at its lowest point in over twenty years. In fact, in Quarter 1 of 2015 just 63.8 percent of people owned their homes. This is a decrease from 64.8 percent in the first quarter of 2014. This rate is

BUYING A HOME WITH A FRIEND – GOOD IDEA?

BUYING A HOME WITH A FRIEND – GOOD IDEA?

Buying a home is a momentous time in anyone’s life, and today, more and more people are going through the process with a friend by their side. While sharing a mortgage with your best friend may seem like a great idea, there are many things that should be taken into consideration before jumping into a

Plan to limit mortgage interest deduction has Realtor opposition

The National Association of Realtors® (NAR) takes a dim view of the House Ways and Means Committee’s tax reform draft. The proposed limits on the mortgage interest deduction and capital gains, including the repeal of traditional deductions for property taxes only make this even more unacceptable. NAR President Steve Brown commented that “these proposed changes

Don’t Put Off That Home Purchase – Mortgage Rates

Up Slightly

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Freddie Mac’s weekly survey of the mortgage market showed fixed rates increasing after stronger-than-expected employment reports. “The economy added 163,000 jobs in July, well above the market consensus forecast of 100,000, and the largest increase since February,” Freddie Mac Chief Economist Frank Nothaft says. “In addition, the number of announced corporate layoffs fell 45 percent