With all of the home renovation and fixer-upper shows on television, the idea of completely renovating and re-doing an old home can seem like an enticing premise. Unfortunately, investing in the wrong fixer-upper can mean an awful lot of expenditure without the added financial rewards. Whether you’re considering investing down the road or are ready […]
Archives: January 2017
What’s Ahead For Mortgage Rates This Week – January 30, 2017
Last week’s economic news included readings on new and existing home sales and mortgage rates. Also released were reports on new jobless claims and consumer sentiment. New and Existing Home Sales Lower in December According to the U.S. Commerce Department, sales of new homes fell to 536,000 sales on a seasonally-adjusted annual basis. This reading […]
How Will Having a New President Impact Your Mortgage? Let’s Take a Look
There is always uncertainty in the market in an election year, but many people are wondering exactly what kind of impact Donald Trump’s election will have on their mortgage and the real estate options available. Whether you are still paying off your home or have been shopping around for the right one, here are some […]
3 Ways That Buying or Selling a Luxury Home Is Different
Selling a standard home is fraught with enough concerns about marking it at the right price and staging it properly, but it’s an entirely different ball game when it comes to luxury property. If you’re planning on selling your high-end property and are trying to determine what sets it apart from the average home sale, […]
Get Your Mortgage Paid Down Faster With These 5 Simple Money Saving Strategies
The monthly mortgage payment can be burdensome for many, but it’s possible you’ve thought of trying to pay it down more quickly. Without getting a new job or working overtime, here are some tips you can use on a daily basis to save additional funds and pay off your mortgage at a swifter rate. Make […]
4 Terrible Mistakes Made by First-time Home Sellers
What’s Ahead For Mortgage Rates This Week – January 23, 2017
Economic news was impacted by the Martin Luther King holiday on Monday and the Presidential Inauguration on Friday. Readings released included reports on inflation, the National Association of Home Builders Housing Market Index and Commerce Department releases on housing starts and building permits issued. Weekly reports on mortgage rates and new jobless claims were released […]
Living the Simple Life: How to Minimize Your Clutter and Maximize Your Space
Many people look at a smaller living space and think that there are a lot of limitations imposed. However, luxury apartments or a more miniature home can offer up the opportunity to be inventive with design and get creative about your abode. Whether you live in a studio apartment now or are thinking of downsizing […]
Home Builder Index Dips in January
January’s National Association of Home Builders Housing Market Index dipped two points from December’s revised reading of 69 to 67; the index reading forecast for January was also 69.Analysts said that January’s reading was the second highest (after December 2016) since the peak of the housing bubble in 2005. January’s dip in builder sentiment was […]
Wondering How Much Mortgage You Can Afford? Here’s How to Calculate It
Many people are aware of the financial commitment that is involved when investing in a home, but what that amounts to is different for every person. From the first-time home buyer mortgage loan you can afford to what a lender will allow, there are plenty of details involved in determining the right home for you. […]