Financing

10 Ways to Get Your Home Ready For Spring/Summer

Posted on Apr 18, 2018 in Homepage, Housing

As the winter months come to an end, the warm weather approaches and heats up the earth. Your home has been sitting, cold, wet, and without much maintenance for quite awhile now. It’s time to get out and make sure your home is still in great shape and ready for the warm season ahead! … Continue reading

Do I Need A Down Payment To Purchase A Home?

Posted on Apr 9, 2018 in Housing, Mortgage

Do I need a down payment to purchase a home?
This is a question we get asked quite often by first-time home buyers and the answer is, NO. Many first time homebuyers may qualify for down payment assistance*.

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Rising Mortgage Rates DO NOT Lead to Decreased Home Prices

Posted on Mar 26, 2018 in Housing, Real Estate, Real Estate Investing, Uncategorized

A lot of people think that rising interest rates will result in lower house prices. What they don’t know is prices are determined by supply and demand.  While rising rates may slow demand, they also affect supply.

“For current homeowners,

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What Is An Escrow Account?

Posted on Mar 22, 2018 in Mortgage

Many people wonder what an escrow account is, so what is it?

What is an escrow account? When you’re buying a new home, you’ll set up an escrow account, which will be the account in which your taxes and insurance are paid annually when they come due.

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History of Mortgage Interest Rates & Why We Shouldn’t Worry

Posted on Mar 19, 2018 in Financing, Mortgage

History of Mortgage Interest Rates & Why We Shouldn’t Worry

As I write this in March 2018, interest rates are rising and may hit the 5 percent* mark this year. This trend is not slowing down and the days of 3 percent mortgage rates,

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Moving up Is MORE Affordable Now Than Almost Any Other Time in 40 Years

Posted on Mar 15, 2018 in Real Estate, Real Estate Investing

Trulia recently posted a blog, Not Your Father’s Housing Market, which examined home affordability over the last 40+ years (1975-2016). Their research revealed that:

“Nationally, homes are just about the most affordable they’ve been in the last 40 years… the median household could afford a home 1.5 times more expensive than the median home price.

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