Many people romanticize the idea of paying off their home mortgage early so they can enjoy their home in retirement, but when it comes to the later years of life, a big house can actually be too much to handle. If you've started to consider a smaller home and are wondering why it might be a good decision for you and yours, here are a few things you may want to consider. It's Much Easier To Maintain It is often the idea of the palatial estate with a pool that homeowners get excited about, but … [Read more...]
Maintain A Home’s Value With These Helpful Home Maintenance Tips
A home is an investment, so it is important to treat it as such. The best time to capitalize on a home's value is when it is sold. Therefore, it is important to take care of it with some simple home maintenance tips. There is a common misconception that if something is working well, it does not need to be fixed; however, it is always better to prevent problems from happening than to fix them after they have appeared. The average homeowner should spend between one and four percent of a … [Read more...]
What To Know Before Investing In A New Property
Anyone looking to diversify their investments should consider investing in real estate. Because the value of property generally increases over time, this is a great way to use money to make money. Even though purchasing a house may provide a greater return than leaving that money in a savings account, purchasing property is still a major decision. Everyone has to take their time to evaluate each option carefully before purchasing an investment property. The Time Required Owning an investment … [Read more...]
What’s Ahead For Mortgage Rates This Week – February 7, 2022
Last week’s economic reports included readings on construction spending and labor-related reports on jobs and the national unemployment rate. Weekly data on mortgage rates and jobless claims were also published. Residential Con The Commerce Department reported overall construction spending rose by 1.30 percent in January, which was the largest increase since April of last year. Private residential construction spending fell by 0.30 percent in January; this was the sixth consecutive … [Read more...]
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