Today, the housing market is more competitive than it has ever been in the past. You may have your eyes on your dream home, but how can you make it stand out from the crowd? There are a few tips that you should keep in mind. What are a few things you should do, and what are a few things you should avoid? Do Get A Pre-Approval Letter Because the housing market is so competitive, the seller is probably going to have many offers. The seller wants to make sure that the buyer they choose already has … [Read more...]
Should You Improve Your Home Before Selling Or Not?
Selling your home is one of the most stressful things you'll ever go through and one of the most important decisions you'll ever make. However, there's a lot more to selling your home than just sticking a sign out in the front yard. Most likely, your home will need a little work before it is perfect. Therefore, you'll have to decide whether you need to take care of home improvement issues yourself or, to sell with the expectation that the buyer will be the one to do so. We put together a few … [Read more...]
What’s Ahead For Mortgage Rates This Week – February 27, 2023
Last week’s economic reporting included readings on sales of previously-owned homes, the minutes of the Federal Reserve’s most recent Federal Open Market Committee meeting, and weekly readings on average mortgage rates and jobless claims. Federal Reserve leaders raise key interest rate range The Federal Open Market Committee of the Federal Reserve raised the Fed’s key interest rate range by 25 basis points to 4.50 to 4.75 percent. Fed officials cautioned that failure to ease … [Read more...]
What To Know About The 2-1 Buydown Program
You are probably excited to close on your home, but you may have also seen that your interest rate might be a bit higher. If you are looking for a way to save money, particularly if you have a lot of work to do on the home, you might be looking for a way to reduce your interest rate during the first couple of years. One option is to perform a 2-1 buydown. What do you need to know about this option, and how do you know if it is right for you? How A 2-1 Buydown Works This is a special type of … [Read more...]
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