Lowest Mortgage Rates in History: What It Means for Homeowners and Buyers In July, the average 30-year fixed-rate mortgage fell below 3% for the first time in history.1 And while many Americans have rushed to take advantage of this unprecedented opportun...
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It's 'National Roof Over Your Head' Day! Did you know that each year in the United States, we celebrate "National Roof Over Your Head Day" on December 3rd? As noted on the National Calendar, it was "created as a day to be thankful for what you have, s...
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Forget the Price of the Home. The Cost is What Matters. Home buying activity (demand) is up, and the number of available listings (supply) is down. When demand outpaces supply, prices appreciate. That's why firms are beginning to increase their project...
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What to Expect from Your Home Inspection You made an offer and it was accepted. Your next task is to have the home inspected prior to closing. Agents often recommend you make your offer contingent upon a clean home inspection. Continue........
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With Inventory Low: Will Your Dream Home Need Some TLC? With Inventory Low: Will Your Dream Home Need Some TLC? According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interes...
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2019 Will Be a Great Year for Buyers AND Sellers! Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find ...
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First Comes Love… Then Comes Mortgage? Couples Lead the Way According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2018 at 54% of all...
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With the housing bubble burst and the subprime mortgage crisis, millions of homeowners found themselves unable to make their mortgage payments. Many found themselves owing more on the house than the home was worth. Many just walked away from their homes. ...
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It used to be that buyers could go house shopping and when they have found their dream home, then they go to get pre-approved. However, in today's market, that has proven to be one of the least effective methods in landing the dream home. Most lenders ca...
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Have You Outgrown Your Starter Home? For many Americans, buying their first home is their first taste of achieving part of the American Dream. There is a sense of pride that comes along with owning your own home and building your family's wealth throug...
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