When you sell your house, ideally, you want it to go something like this: your house sells for top dollar, you get it sold quickly, and it all goes down without a hitch.But what many people don’t realize is that…
If current rates are significantly below your existing mortgage rate, refinancing may reduce your payments. A higher credit score could qualify you for better terms, lowering monthly payments or overall interest.
Waiting for perfect market conditions often means missing out. Because what you may not realize is, if you’re ready and able to buy, this time of year could actually give you an edge. Here’s why. As the weather cools down,…
A cash-out refinance allows access to a large sum of money by leveraging home equity.This refinance option generally has lower interest rates compared to credit cards and personal loans.
More entry-level homes – also known as starter homes – are popping up on the market. And after several years with very few homes available to buy and prices rising, there are finally some more options for first-time buyers.Inventory Is…
In today’s digital age, it’s tempting to rely on automated tools for everything — including figuring out how much your house is worth. But be careful. The automated estimates you’re seeing online often miss key details that affect the true…
Buying mortgage points can benefit those staying long-term. Points equal 1% of the loan amount, with origination fees for processing. Additional discount points can lower interest rates and payments. Upfront payment leads to lower interest rates. Consult a specialist to…
When planning a move, a newly built home might not be the first thing that comes to mind. But with more brand-new homes on the market and builders focusing on smaller, more affordable options, this type of home may just…
Moving to a more affordable area could be the fresh start you need to get ahead financially. While some markets are certainly more affordable than others, know that working with a trusted real estate agent to find what fits your…
Mortgage rates are interest rates charged on a loan, influenced by the 10-year treasury rate and credit score. The 10-year treasury rate, influenced by market inflation expectations, significantly impacts mortgage rates but is not controlled by the Fed.
