Category: Financial
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Would You Let $80 a Month Hold You Back from Buying a Home?
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You don’t have to wait for 5.99%. You have the chance to move (and save) right now. So, ask yourself: Would you let $80 hold you back from buying a home?
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Why Your Home Equity Still Puts You Way Ahead
Even with prices coming down in some markets, today’s homeowners are still sitting on near record amounts of equity.
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How Treasury Bonds Affect Mortgage Rates
What is usually a “wait and see” what the Federal Reserve System declares can take a while. A more immediate method is to track the 10 year Treasury yield which is updated constantly. When the 10 year yield rises, mortgage rates typically rise, making borrowing more expensive for buyers and decreasing demand.
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Thinking about an Adjustable-Rate Mortgage?
READ THIS FIRST!!! If you have been house hunting lately, you’ve probably felt the sting of today’s mortgage rates. And it’s because of those rates and rising home prices that many homebuyers are starting to explore other types of loans to make the numbers work. And one option that’s gaining popularity is an adjustable-rate mortgage.…
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Why More People Are Buying Multi-Generational Homes Today
Today, 17% of homebuyers are choosing multi-generational homes. When you buy a house with your parents, adult children, or even distant relatives, that’s multi-generational. What makes that noteworthy is that 17% is actually the highest level ever recorded by the National Association of Realtors. But what’s driving the recent rise in multi-generational living? Top Benefits…
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How Much Home Equity Have You Gained? The Answer Might Surprise You
(opens in a new tab)Publish Have you ever stopped to think about how much wealth you’ve built up just from being a homeowner? As home values rise, so does your net worth. And, if you’ve been in your house for a few years (or longer), there’s a good chance you’re sitting on a pile of…
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What’s Really Happening with Mortgage Rates?
Are you feeling a bit unsure about what’s really happening with mortgage rates? That might be because you’ve heard someone say they’re coming down. But then you read somewhere else that they’re up again. And that may leave you scratching your head and wondering what’s true. The simplest answer is: that what you read or…
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Bridging the Gaps on the Road to Homeownership
Homeownership is a major part of the American Dream. But, the path to achieving this dream can be quite difficult. While progress has been made to improve fair housing access, households of color still face unique challenges on the road to owning a home. Working with the right real estate agent can make all the…
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Down Payment Assistance Programs
Down payment assistance programs can help pave the way to HOMEOWNERSHIP! If you are looking to buy a home, your down payment doesn’t have to be a big hurdle. According to the National Association of Realtors, 38% of first-time homebuyers find saving for a down payment the most challenging step. But the reality is, you…