Homeowners who have equity built up in their homes can tap into that equity using a home equity line of credit, or HELOC. This financial tool can be a great way to accomplish a number of financial goals. Here are four excellent uses of a HELOC for homeowners to consider. Consolidating Costly Debts Credit card debt and other types of consumer loans are costly, unless a debtor is lucky enough to have a no-interest card. Borrowers can consolidate that debt into a HELOC, which is much more … [Read more...]
Seller-Paid Closing Costs In A Seller’s Market? Yes, It’s Still Possible
For first-time home buyers, closing costs are a major hurdle for home ownership. Coming up with a down payment and several thousand dollars for closing costs can be hard without home equity to tap. To help, buyers often ask sellers to cover all or some of these costs. In markets favoring buyers, this is a common habit, but when the market switches to favoring sellers it becomes harder. Sellers who know they may get multiple offers are less likely to say "yes" to this request. Yet even when the … [Read more...]
What’s Ahead For Mortgage Rates This Week – July 2nd, 2018
Last week's economic reports included readings from Case-Shiller housing market indices and data released on new and pending home sales. Weekly releases on mortgage rates and first-time unemployment claims along with the Consumer Sentiment Index for June were also posted. Case-Shiller Reports Rapid Home Price Growth in April April home prices ticked downward by one-tenth percent for the National Home Price Index, which reported 6.40 percent growth year-over-year. Case-Shiller's 20-City Home … [Read more...]
Home Automation Conveniences Attract Buyers
The rise in Millennial home buyers will inevitably change the items that promote faster and more lucrative home sales. Consider trends over the past decades that have included conveniences such as built-in dishwashers, central air, energy efficient appliances and many others. As mechanical and technological advances move into the mainstream, prospective home buyers seek them out and favor properties that come tech ready. While Millennial buyers have a vastly different world view than previous … [Read more...]
- « Previous Page
- 1
- …
- 417
- 418
- 419
- 420
- 421
- …
- 574
- Next Page »
