Last week's economic news included a survey of senior loan officers, Freddie Mac's average mortgage rates, and new jobless claims. An index reading for consumer sentiment was also reported. Loan Officers: Standards for Residential Real Estate Loans Eased or Unchanged According to the Federal Reserve's Survey of Senior Loan Officers,72 institutions surveyed reported that all types of residential real estate loans saw easing of lending standards or no change in lending requirements. Demand for … [Read more...]
Learning to Love Technology: 3 Tips That Will Help You to Embrace Home Automation
Are you still using a key to unlock your door and twisting a dial on the wall to set the temperature? Home automation technology has made considerable strides in the past couple of years so it might be time to invest. In today's blog post we will explore three tips that can help those looking to make the leap into a fully automated home. Tip #1: Start With Home Security And Go From There Installing a modern home security system is the perfect place to start with home automation. Does your home … [Read more...]
Taking Out a Mortgage for the First Time? Learn Why a Condo Might Be a Great First Home
Are you starting to tire of paying your monthly rent to someone and never building any equity? Renting forever can be a significant pain, especially as you're contributing to someone else's financial well-being. The good news is that there are affordable real estate options out there for those investing in their first home. Below we will share a few excellent reasons why an apartment or condo might be the best choice for a first-time home buyer. A Manageable Monthly Payment In most markets … [Read more...]
It’s Hammer Time: 4 Common Remodeling Mistakes and How to Avoid Them
Investing in your home by remodeling or renovating is an excellent way to increase its value. However, a significant renovation project can quickly turn into a disaster, especially for those who are inexperienced. Let's take a look at four of the more common home renovation mistakes that homeowners make and how you can avoid them. Mistake #1: Skipping The Permit Process The first mistake you will want to avoid is undertaking any home renovation without the required permits. While some remodeling … [Read more...]
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