If you are in the market for a home, it is important for you to think about what is most critical to your housing search. Unless you have an unlimited budget, you will probably have to compromise somewhere to make a competitive offer on a house you can afford. Every buyer is different, but there are a few common themes regarding where buyers tend to compromise when looking for a house. The Condition Of The Home One area where buyers tend to compromise is the condition of the house. Most … [Read more...]
What’s Ahead For Mortgage Rates This Week – May 31, 2022
Last week’s economic reporting included readings on new and pending home sales, minutes from the Federal Reserve's recent Federal Open Market Committee meeting, and data on inflation. Weekly readings on mortgage rates and jobless claims were also released. New and Pending Home Sales Fall The annual pace of new home sales fell in April according to the Commerce Department. Year-over-year sales of new homes fell to a pace of 591,000 sales as compared to the March reading of 709,000 sales … [Read more...]
Thinking about Renovations?: 5 Considerations Before Hiring a Home Improvements Contractor
With the pre-summer enthusiasm and the milder weather, springtime can be one of the best times of the year to take on home renovations that aren't as easy in other months. If you happen to have some projects in mind and are considering taking the work on yourself, here are a few questions you'll need to ask. What Can You Take On? If you have specific renovations in mind for the coming months, it's very important to decide what you can reasonably take on and what you could pass on to a … [Read more...]
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