Category: Real EstatePage 10 of 13

Four Renovations That Can Hamper Value

Renovations are mostly done not only for a home owner’s comfort but to add value to their home. However, in some cases, home owners may end up making…

Mortgage Rates Stay Flat

Average fixed-rate mortgages mostly remained unchanged this week as the 30-year fixed-rate mortgage continues to remain 4 percent, Freddie Mac reports. Freddie Mac reports the following national averages…

6 Reasons Why a Housing Crash Isn’t Likely

The U.S. is nearing the 10-year anniversary of the 2006-2007 housing bubble. Should Americans be worried that history could repeat itself? After all, home prices have risen above…

Mortgage Rates are Inching Up

The 30-year fixed-rate mortgage is getting closer to moving over 4 percent, as mortgage rates climb for the second week in a row. Freddie Mac reports that fixed-rate…

Mortgage Rates are Inching Up

The 30-year fixed-rate mortgage is getting closer to moving over 4 percent, as mortgage rates climb for the second week in a row. Freddie Mac reports that fixed-rate…

Mortgage Rates Are Climbing

Fixed-rate mortgage rates were on the rise this week as market expectations mounted over a possible rate hike from the Federal Reserve. Those expectations pushed the 30-year fixed-rate…

Homeowners Net Highest Profits in 8 Years

Rising home prices over the last few years are finally putting more money back into home sellers’ pockets. Homeowners who sold during the third quarter saw an average…

Concrete Cracks: Reason for Concern?

You’re touring a property with a buyer when they spot a big crack in the driveway, sidewalk, or concrete patio area. Should the crack make them be concerned…

Why Condo Loans Can Be So Hard to Get

From NAR.org For many first-time home buyers, condominiums are an affordable way to get on that first rung of home ownership. Yet financing for condos can be a…

Interest Rates Likely to Stay Low Longer

The Federal Reserve once again decided not to raise the federal funds rate this month, saying the economy is still falling short of benchmarks. That likely means home…

Home Designs That Buyers Love Most

Hollywood-inspired homes that have the “look, but don’t touch elegance” are a fading trend and home owners now are preferring natural, comfortable spaces. Consumers’ three favorite home designs…

4 Ways to Maximize Space in Smaller Floor Plan

More young buyers are making the leap into home ownership. But many of them, due to personal preference or affordability restraints, are choosing houses or condos with a…

Fannie Mae: Forget the Paystubs and Tax Forms

Borrowers may no longer need to worry about collecting pay stubs for a home mortgage application. Mortgage finance company Fannie Mae announced Monday that it would allow lenders…

Weak Job Report Prompts Dropping Rates

Amid a newly released weaker than expected jobs report, mortgage rates were back on a downward spiral this week. For the 11th consecutive week, the average on 30-year…

The Next Three Months: Best Time to Buy

Low mortgage rates, declining home prices, and homes that are lingering on the market longer are three main reasons why the next three months could be the best…

The Next Three Months: Best Time to Buy

Low mortgage rates, declining home prices, and homes that are lingering on the market longer are three main reasons why the next three months could be the best…

Mortgage Rates Stay Below 4% For 10th Consecutive Week

Thirty-year fixed-rate mortgages continue to hold below 4 percent, often an attractive lure for home buyers and refinancers. “In contrast to the volatility in equity markets, the 10-year…

Are Higher Home Prices Spooking Buyers?

Contracts to buy homes dropped nationwide in August, as home prices continued to inch upward, the National Association of REALTORS® reports. Modest increases in pending home sales in…

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