Are you in the market to buy or sell a home? If so, you may be wondering whether to work with a real estate agent or not. While saving on the commission might sound tempting, it can cost you later. Here are six reasons to choose a real estate agent the next time you buy or sell a home. #1: Agents Get The Best Price If you're trying to buy or sell on your own, it's going to cost you. When buying, real estate agents are able to tap into market data to know the best price to bid. When selling, they … [Read more...]
What’s Ahead For Mortgage Rates This Week – November 7, 2016
Last week's economic news included reports on inflation, construction spending, the Federal Reserve's announcement regarding interest rates and several labor and employment related releases. Weekly reports on new jobless claims and Freddie Mac's survey of interest rates were also released. Construction Spending Rises, Fed Holds Steady on Interest Rates, Suggests December Increase Construction spending remained in negative territory for September according to the Commerce Department. The … [Read more...]
3 Common Mistakes That First-time Mortgage Borrowers Make and How to Easily Avoid Them
Deciding to purchase a home will be one of the biggest investment decisions you'll make in your life, but it can be confusing for the first-time home buyer to know all the ins and outs of buying a home. If you're wondering what things first-time buyers often forget about before purchasing a home, here are three important things that you'll want to keep in mind. Ignoring Their Credit History If you have a high debt load or you haven't been making your minimum payments, it can be pretty … [Read more...]
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