Should You Get A Second Mortgage To Pay For College?
College is expensive and everyone needs to think about how they are going to cover the costs. Some of the costs include tuition, room and board, meals, books, and spending money.
Read moreWhat’s Ahead For Mortgage Rates This Week – December 16th, 2019
Last week's economic reports included readings on inflation and retail sales; the Federal Reserve released its post-meeting statement from its Federal Open Market Committee. Weekly readings on mortgage rates and new jobless claims were also released.
Read moreWhy Buying A Home In An Adjacent Area To The Best Neighborhood Is A Wise Strategy
Have you ever seen a scientific experiment with things growing in a Petri dish? This is a metaphor for how neighborhoods grow as well. Things in a Petri dish grow towards the areas that have more nutrition to attract them…
Read moreFOMC Statement: Fed Holds Steady On Its Interest Rate Range
The Federal Open Market Committee of the Federal Reserve announced its unanimous decision not to change to the current target federal funds range of 1.50 to 1.75 percent. The committee's customary post-meeting statement said the decision not to change the…
Read moreCulture Clash: Why Boomers Are Moving Back to Big Cities
"Baby Boomers," defined as people who were born between 1946-1964, are the wealthiest generation to ever retire, as well as the largest. According to U.S. Census Bureau projections, the population of people 65 and older will increase by 36% between…
Read moreTips On How To Get The Home You Want In A ‘Seller’s Market’
A "seller's market" happens when there are more potential buyers than homes for sale. In a seller's market, people looking for a home may feel frustration and not easily find the home that they want. When they find a home…
Read moreWhat’s Ahead For Mortgage Rates This Week – December 9th, 2019
Last week's economic reports included readings on construction spending and multiple labor sector reports including private and public sector jobs and the national unemployment rate. Weekly reports on average mortgage rates and first-time jobless claims were also released.
Read moreHow Much Of A Down Payment Should I Make On My Home?
There are a lot of steps that people need to take when buying a home. One of the most common issues that people discuss is the down payment. Most banks will require a down payment so that they aren't the…
Read moreThe Risks And The Rewards Of Buying Homes In An ‘As-Is’ Condition
When considering buying a home in an "as-is" condition, the buyer takes all the risk of anything needed to bring the property back up to current building codes and make it ready for occupation or re-sale. There can be bargains…
Read moreCase Shiller, FHFA Report Uptick In Home Price Growth In September
Case-Shiller's National Home Price Index showed 3.20 percent national home price growth in September, which was 0.10 percent higher than August's reading of 3.10 percent. The 20-City Home Price Index showed the continued impact of exorbitant home prices on both…
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