Buying or Selling a Home This Winter? Keep These Tax Tips in Mind!
With all of the expense that can go into buying and selling a home, it’s good to be aware of what you can claim and how a home can benefit you come tax time. When the New Year rolls around and you’re...
View ArticleFederal Reserve Raises Short-Term Interest Rates
After prolonged speculation by economic analysts and news media, the Federal Open Market Committee of the Federal Reserve raised short-term interest rates for the first time in seven years. Committee...
View ArticleWhat’s Ahead For Mortgage Rates This Week – December 28, 2015
This week’s report of economic events is shortened due to the Christmas holiday. Economic news through Wednesday included Existing Home Sales, New Home Sales and Consumer Spending. The details:...
View Article3 Things That Will Hurt Your Chances for a Mortgage Approval
If you’re about to seek approval for a mortgage, you’ll want to ensure you have a solid credit score and clean financial records to boost your likelihood of being approved. There are certain...
View ArticleExisting Home Sales Dip More Than Expected
November sales of pre-owned homes dipped lower than expected and prior month’s readings according to the National Association of Realtors® (NAR). Analysts expected existing home sales to slow to a...
View ArticleDIY Decorating: How to Use Paint to Spice Up Your Home and Furniture
The idea of using spray paint to make some quick fix-ups to your home might seem uncouth, but it can be a great way to make some easy, economical upgrades that will shift the overall look of your...
View ArticleWhat Steps Need To Be Taken To Secure A Loan
You’ll see some pictures in this video to help you remember later, but the first step in securing a loan is to complete a loan application. To do so, you’ll need the following information. – Pay stubs...
View ArticleWhat’s Ahead For Mortgage Rates This Week – January 04, 2016
2015 said farewell with reports on Case Shiller home prices, pending home sales, and consumer confidence. The details: Case-Shiller Home Prices Post Double Digit Gains in October According to...
View ArticleUnderstanding Mortgage Pre-Approvals
The mortgage process is a long and complicated one, with a number of similar-sounding terms that can easily confuse first-time homebuyers. A pre-approval is not the same thing as a pre-qualification,...
View Article3 Things You Can Expect when Buying a Home This Winter
When you’re looking into purchasing a home, there are plenty of things to watch out for at any time of the year, but there are a few things that you can expect during the winter months that may be a...
View ArticleWhy Buying a Home Grows Your Wealth Faster Than Renting
There can be many downsides to both renting and buying, depending on what side of the coin you are on, but if you’re leaning towards purchasing a home it can have added benefits for your bank account...
View ArticleThinking About Downsizing? Here’s What You Need to Know (Condos)
The shift from home living to condo life may seem like a minor one, but there are plenty of things that will differentiate your lifestyle other than size when it comes to making a condominium purchase....
View ArticleWhat’s Ahead For Mortgage Rates This Week – January 11, 2016
The first week of 2016 was quiet concerning housing and mortgage related news, but reports on construction spending and several labor-related reports were released. Construction spending is connected...
View ArticleGuide to Using an Online Mortgage Calculator
If you’re in the market for a new mortgage, using an online mortgage calculator is a great way to determine what kind of terms you can expect to see and how they’ll affect your home purchase....
View Article3 Possible Reasons You’ve Been Denied For A Mortgage
If you’re in the market for a new home, you’ll most likely need a mortgage in order to afford it. But for some home buyers, getting a mortgage isn’t easy. Banks and other lenders are often hesitant to...
View ArticleHow to Determine How Big of a Down Payment You Need
Whether or not you’re new to real estate, there’s little doubt that you’ve heard the term down payment as it relates to purchasing a home. There’s a lot of different information out there in regards to...
View Article5 Great Reasons to Downsize into a New Condo
There’s a good chance if your children have recently moved out that your home is feeling a lot larger than it used to, and perhaps you’re re-considering the extra space. If downsizing to a condo is on...
View ArticleFOMC Statement: Fed Holds Steady on Rates
According to statement issued at the conclusion of today’s Federal Open Market Committee meeting, committee members decided against raising the target federal funds rate. Mixed economic conditions,...
View ArticleWhat Is “Prime” Rate?
In the US, Prime is affected by the Federal Reserve lending rate to banks; historically, Prime is about 3 percent above the Fed rate. The Federal Reserve loans to Bank A at 1% Bank A loans to Bank B at...
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