Everyone wants a place to call home, but that doesn't guarantee that homeowners will have an easy time selling their properties. Making sales depend on more than just curb appeal or the popularity of open houses. Complicated factors like the economy, interest rates and regional regulations all drive the real estate market. It can make an incredible impact on the speed and ease of real estate transactions. But not knowing the state of the market can be more than just a hassle. When real estate … [Read more...]
Need to Discuss – 3 Tips When Shopping for a New Home Loan
Finding a new home loan can seem challenging, but if you take the proper steps before you start applying for loans, you'll have no difficulty finding a mortgage that works for you and a lender that would love to have you as a borrower. Shopping for a mortgage isn't like shopping for a couch, and there's a lot that goes into the process. So how can you shop for your new home loan in a way that saves you time and gets you the best loan for your needs? Here's what you need to know. Research Loan … [Read more...]
On a Variable Mortgage? 3 Signs Your Mortgage Payment Is About To Increase
For many homebuyers who are new to the market, it can be very comforting to be on a fixed rate mortgage where fluctuating interest rates cannot have an impact on your monthly payments. While a variable rate mortgage can sometimes lead to significant savings at the end of the day, there are a few ways you can tell if your monthly payment is on the upswing. An Increase In Your Home's Value A marked increase in a home's value is ideal for most homeowners who consider their home an important … [Read more...]
NAHB: Home Builder Confidence Slips in June
Home builder confidence fell slightly in June to a reading of 59 according to the National Association of Home Builders Housing Market Index. Analysts had expected no change to June's reading of 60. June components of the HMI were also lower. Builder confidence in current market conditions dropped by one point to 63; builder confidence in market conditions over the next six months fell three points to a reading of 66. The reading for foot traffic in new single-family developments dropped one … [Read more...]
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