Did you recently receive your annual notice that the rent is going up? If so, you're not alone. Millions of renters are seeing more and more of their income drained away due to higher rents. To make matters worse, every dollar in rent is one that you are not saving, investing or using to build your net worth. If you're feeling the pinch of higher rents, it might be time to buy your first starter home. Comparing Rent With A Mortgage Have you ever done the math to understand how close your monthly … [Read more...]
What’s Ahead For Mortgage Rates This Week – December 26, 2017
Last week's economic reports included readings on NAHB homebuilder confidence, housing starts, building permits issued and sales of previously-owned homes. Weekly releases on mortgage rates and new jobless claims were also released. Builder Confidence Rises, Housing Starts Increase According to the National Association of Home Builders Housing Market Index for December, builder confidence in housing market conditions rose by four points to 74. This reading was the highest since 1999. Builder … [Read more...]
Take Your Bathroom From ‘Drab’ to ‘Fab’ With These Do-it-Yourself Bathroom Renovations
Does your bathroom look amazing? As one of the most used rooms in every home, the bathroom can almost always use a bit of a facelift. In today's blog post we will share a few DIY renovations that will take your bathroom from drab to fab. Embrace A New Color Palette One of the best ways to start your bathroom makeover is to figure out a new color palette for the room. Do you like soft, muted colors like a powder blue, light gold or cream? Or maybe something a bit louder and more exciting like a … [Read more...]
How to Run a Quick Financial Health Check Before You Apply for a Mortgage
Are you planning on using a mortgage to help cover the cost of a new home? If so, you will want to prepare your finances and figure out how you will manage all those wallet-draining monthly expenses. Let's take a look at how to run a quick financial health check to ensure you are ready to apply for a mortgage. Update (Or Start) Your Monthly Budget First, it is essential to get the basics out of the way. If you haven't already, it's time to start a monthly budget to keep track of your income and … [Read more...]
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