Understanding Mortgage Points Points represent pre-paid interest that borrowers pay upfront to obtain a mortgage rate. Calculating the Cost of Points A point equals 1% of the total loan amount, affecting the upfront cost of borrowing.
Let’s be real – buying a home right now is tough. You’re scrolling through listings, rushing to open houses, and maybe even losing out to more competitive offers. Somewhere along the way, you might’ve heard the reason it’s so hard…
If you’re debating whether or not you want to sell right now, it might be because you’ve got some unanswered questions, like if moving really makes sense in today’s market. Maybe you’re wondering if it’s even a good idea to…
Boosting your credit score above 760 can lead to significantly lower mortgage rates. Aim for at least a 20% down payment to qualify for better rates and avoid PMI.
Some HighlightsIf you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership.Unlike renters, homeowners gain equity as they pay their mortgage and as home values rise. That’s why, on average, a homeowner’s net worth…
The Green Street Commercial Property Price Index remained unchanged in October, with a 3% increase in the all-property index for the year. Medium-term interest rates have hindered expected property appreciation. While apartment prices rose 12% year-over-year, other sectors like malls…
When you’re ready to move, figuring out what to do with your house is a big decision. And today, more homeowners are considering renting their home instead of selling it. Recent data from Zillow shows about two-thirds (66%) of sellers…
Fall is the perfect time to enhance your backyard for year-round family activities and enjoyment.Cleaning flower beds and adding mulch helps retain moisture and prevents weeds in your garden.
There are more homes on the market right now than there have been in years – and that could be a game changer for you if you’re ready to buy. Let’s look at two reasons why.You Have More Options To…
Research mortgage brokers by reading reviews, seeking referrals, and ensuring they are licensed in your state.Mortgage brokers assist borrowers by providing access to exclusive mortgage products and guiding them through the process.
