Closing Costs And A Cash Sale: Who Pays?

November 8, 2022

There are some people who are able to pay cash for a home. Typically, these are individuals who are selling an existing property that has gone up in value. Now, all of a sudden, they have a lot of extra money they can spend on a house. If you can pay cash for a home, you have a lot of extra negotiating power. When it is time to complete the sale, who pays?

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What’s Ahead For Mortgage Rates This Week – November 7, 2022

November 7, 2022

Last week’s economic reporting included the Federal Reserve’s statement on its target interest rate range and Fed Chair Jerome Powell’s regularly-scheduled press conference. Data on construction spending and public and private-sector jobs was published along with weekly reports on mortgage rates and jobless claims.

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Taking Out a Mortgage for the First Time? Learn Why a Condo Might Be a Great First Home

November 4, 2022

Are you starting to tire of paying your monthly rent to someone and never building any equity? Renting forever can be a significant pain, especially as you’re contributing to someone else’s financial well-being. The good news is that there are affordable real estate options out there for those investing in their first home. Below we will share a few excellent reasons why an apartment or condo might be the best choice for a first-time home buyer.

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The Top Reasons To Pay Off Your Mortgage Before You Retire

November 3, 2022

As you get closer to your retirement age, you should try to discharge as much of your debt as possible. Unfortunately, many people close to the age of retirement still have a significant mortgage balance they need to pay off. What are some of the top reasons why you should pay off your mortgage before you retire?

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Downsizing? Here’s What You Can Expect When You Move From a House to a Condo

November 2, 2022

Whether the kids have moved out or you just aren’t using the extra bedrooms, having a house that feels ‘too big’ is rarely fun. In today’s post, we will share a few changes you can expect when you downsize from a large house to a smaller apartment or condo.

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3 Reasons Why Your First Home Should Be a Spacious One

November 1, 2022

Buying a home for the first time? One of the key considerations you’ll need to make is just how much ‘house’ you want to buy. While going minimal might seem like a good idea to save on costs, having a smaller living space can end up cramping your lifestyle in many ways. Let’s take a look at three great reasons why your first home should be roomy, spacious and luxurious.

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S&P Case-Shiller Home Price Indices: U.S. Home Price Growth Slows in August

October 28, 2022

U.S home price growth slowed for the second consecutive month in August according to S&P Case-Shiller’s national home price index. National home price growth fell by -9.8 percent year-over-year as compared to July’s year-over-year reading of -5.3 percent. Home price growth slowed by -1.1 percent month-to-month from July to August.

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What Do You Need To Know About Home Improvement Loans?

October 27, 2022

Do you want to make some improvements to your house? A home improvement is a great way to make your home more functional, and it could also add value to your home. At the same time, performing a home improvement project can be expensive, and that is where a home improvement loan can be helpful. What do you need to know about them?

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Amortization: What You Need To Know About How Your Loan Is Paid Off

October 26, 2022

This is called an amortization schedule, and it is typically designed in such a way that your last payment pays off your loan down to the penny. How does this impact the life of your loan?

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What Do First-Time Homebuyers Need To Know?

October 25, 2022

If you are purchasing a house for the first time, you are probably excited to imagine what your life might look like in a bunch of different houses. At the same time, the process can be a bit overwhelming.

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