The Real Estate Market and 3 Reasons to Sell this WinterUnlike typical winter seasons, winter is a great time to list a house. Sellers can garner top dollar this winter because home inventories are low, and demand isn't slowing. As colder temperatures drive people...
More Homes Enter the Housing MarketHigh prices and strong demand are giving more owners the confidence they need to list their home. Earlier this month, the housing market saw an incremental uptick in listings following four weeks of stability or growth - a welcome...
Rates Smash RecordsJust when we think we have seen lending rates hit an all-time low, they show us they drop lower yet. Mortgage rates fell slightly again last week, with a 30-year-fixed rate mortgage averaging 2.81%, marking the tenth time in 2020 that rates have set...
Turn Your Home's Equity into CashA cash-out refinance can take advantage of today's rates and free up funds for other endeavors. Since you will be paying mortgage interest, invest in projects that can appreciate over time, such as home improvement, paying off...
Mortgage Market Update30-year Mortgage Rates Inch LowerOne key lending rate went down in October - the national average for refinances of 30-year fixed-rate loans ticked downwards to 3.04%, but the average rate on a 15-year fixed mortgage nudged upwards to 2.6%. The...
Expect Low Interest Rates to LastAfter its final two days of meetings ahead of the election, the Federal Reserve indicated no plans to raise interest rates. Near-zero rates could last for years---possibly until 2023---as the Fed allows more time for the economy and...
Mortgage Applications Continue to RiseFall's cooler temperatures are showing zero effect on America's hot real estate market. Since last week, total mortgage applications have risen 6.8%. Applications for refinancing home loans also jumped 9% for the week and an...
Mortgage Rates Continue to Break Record Lows While economic data for the U.S. was mixed last week, a continued slide in U.S tech stocks weighed on Treasury yields, sending mortgage rates south. This spurred fixed rates of 30-year mortgages to slide by 7 basis points...
Mortgage Market UpdateThe Pros and Cons of For Sale By Owner Most sellers want top dollar for their house, and in an effort to increase their profits turn to the For Sale By Owner (FSBO) model to avoid paying realtor commissions. Interestingly, Zillow has found that...
Before You Attempt to Flip a House, Avoid These 5 Costly Mistakes House flipping has been a hot trend in the real estate market for years, bolstered in part by glossy TV shows featuring charismatic personalities who earn big profits in just one 30-minute episode....
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