Avoid Buyer’s Remorse Most young adults have financial regrets about their home purchase, a new Bankrate survey shows, but much of their grief could have been avoided with proper planning. That’s where you come in: Younger buyers have a need for more professional guidance about the costs of home ownership. Sixty-three percent of millennial homeowners—more …
Tag: tips
Mar 04
Mortgage Rates Remain Low
Mortgage Rates Remain Low After declining for three consecutive weeks, mortgage rates are in a holding pattern. The average rate for a 30-year fixed-rate mortgage is lower than it was a year ago. “Mortgage rates remained mostly unchanged this week, while mortgage applications rose 5.3 percent from the previous week,” says Sam Khater, Freddie Mac’s …
Mar 01
Buying for the First Time
Buying for the First Time First-time buyers are finding the housing market challenging to break into. On average, they have to put in 3.8 offers before their offer is accepted, which is higher than the 2.5 offers that repeat buyers typically make, according to a new survey of about 2,000 U.S. adults from NerdWallet, a …
Feb 28
Parents Could Rank High as Mortgage Lender
Parents Could Rank High as Mortgage Lender Parents are increasingly helping their adult children buy their first home. In fact, a new study suggests that if families were considered a financial institution, the “Bank of Mom and Dad” would be the seventh largest mortgage lender in the country. Parents and grandparents supported the nationwide purchase …
Feb 27
FHA and VA Loans
FHA and VA Loans Home ownership is within reach with an FHA and VA Loan Whether you are purchasing your first home, moving up in the world or downsizing into your golden years home, I can help you get the right loan solutions to meet your needs. FHA Loan Advantages: Down payment as low as …
Feb 26
Money Laundering in Real Estate
Money Laundering in Real Estate Countries around the world are cracking down on money laundering schemes in the luxury real estate sphere. “Real estate has always been a favorite asset for criminals, through which they would launder their money,” Brigitte Unger, a professor at the University of Utrecht in the Netherlands and an expert in …
Feb 25
Early Spring Buying Season??
Early Spring Buying Season?? Mortgage rates inched lower for the third consecutive week. Freddie Mac Chief Economist Sam Khater says the lower rates bode well for the spring home buying season, typically the busiest time of the year for home shopping. “Mortgage rates … [are] continuing the general downward trend that began late last year,” Khater says. …
Feb 22
Existing-Home Sales
Existing-Home Sales The winter months have proven to be a sluggish time for home sales. January was the third consecutive month in which existing-home sales posted a drop, the National Association of REALTORS® reported Thursday. All regions of the U.S. saw a drop in sales except for the Northeast. Total existing-home sales, which are completed transactions …
Feb 21
Make a larger space looks comfy
Make a larger space looks comfy Spacious areas can sometimes feel cold and unwelcoming. How can you make a large living room with high ceilings feel more inviting? Houzz, a home remodeling website resource, provides some of the following tips: Leverage tall potted plants. For a room with tall ceilings, incorporate tall plants. It’ll help …
Feb 20
Are you ready to move?
Are you ready to move? I specialize in programs for first time home buyers! Buying your first home is an exciting and stressful time. Luckily, there are many financing plans available to help you achieve the American dream of home ownership. You deserve to know all your options, including: 1 – Information on …
Feb 19
The Importance of the Garage to Buyers
The Importance of the Garage to Buyers Luxuries like pools and lavish living spaces may not be as enticing to home buyers as a garage, finds a new poll by Zolo Realty, a Canadian online real estate marketplace. Zolo Realty surveyed more than 1,800 North American respondents to discover buyer behavior and desires. Male …
Feb 18
Mortgage Rates Drop
Mortgage Rates Drop Cooling inflation and slower global economic growth prompted mortgage rates to drift down to the lowest levels in a year, Freddie Mac reports. “While housing activity has clearly softened over the last nine months and the lingering effects of higher rates from last year are still being felt, lower mortgage rates and …
