Selling your home quickly and profitably is achievable with the right strategies. Start by setting a competitive listing price through market analysis and professional appraisal. Enhance curb appeal with simple upgrades and declutter personal items to help buyers envision themselves…
Mortgage rates have dropped recently, offering hope for homebuyers. To take advantage, get pre-approved for a loan, lock in a good rate, consider buying points, act fast on properties, and explore different loan options like adjustable-rate mortgages. These steps can…
Initiate discussions with lenders up to 120 days before renewal to compare rates and secure the best termsExplore options beyond your current lender to ensure you're getting the most competitive rate.
Consensus on eventual rate decline, but 4% remains uncertain. Inflation control is critical for future rate cuts.
Foreclosed properties are sold at a discount but come with risks like repairs and title issues. Buyers can find them online or in newspapers. Getting a mortgage pre-approval is crucial. Renovation loans can help with repairs. Research the property's history…
If the job market softens to manage inflation, a rate cut could occur late this year, slightly easing 2024 mortgage rates. Rates could drop below 6.5% by 2025, making homeownership more affordable and stimulating the housing market.
Happy Labor Day! Labor Day is a day dedicated to honoring the contributions and achievements of workers and the labor movement. It marks summer's informal end in the U.S., as schools often start after the holiday. It offers a chance…
Understanding mortgage payments is key for borrowers. Fixed-rate mortgages provide stability with unchanging interest rates, ensuring predictable payments. Conversely, variable-rate mortgages have fluctuating interest rates linked to market changes, offering lower initial rates but higher risks. The calculation of fixed-rate…
The California housing market rebounded in July, with home sales reaching a five-month high, driven by declining mortgage rates. Existing single-family home sales rose 3.6% from June and 4.1% year-over-year, totaling 279,810. The statewide median home price fell slightly to…
Check your financial health, focusing on credit score and debt-to-income ratio. Understand your home equity, including how much you’ve built up and its current appraised value.
