When applying for a new mortgage or after closing, many may have the option to choose between a single monthly mortgage payment or smaller bi-weekly payments. There are benefits and drawbacks associated with both options, and some personal financial … [Continue reading]
In The Current Housing Market, Prospective Buyers Must Remain Patient
The housing market has been through many ups and downs during the past 12 months. Now, buyers are facing a unique challenge as they try to find the right house in the perfect seller’s market. Right now, real estate is extremely competitive, as … [Continue reading]
Case Shiller: Home Prices Rise at Fastest Pace Since 2005
March readings for S&P CoreLogic Case-Shiller Home Price Indices rose to their highest level since 2005 in March. National home prices rose by 13.20 percent year-over-year as compared to February’s reading of 12.00 percent growth. The … [Continue reading]
What’s Ahead For Mortgage Rates This Week – June 1, 2021
Last week’s economic reports included readings on home price growth, new and pending home sales, and inflation. Weekly readings on mortgage rates and jobless claims were also released. Case-Shiller Reports Highest Gains in Home Prices Since … [Continue reading]
Buying a Home Where Someone Passed Away
A key factor that often drives the sale of new homes versus existing ones tends to be cultural. Rather than being financially-driven or associated with location factors, many homebuyers will steer clear of existing homes where someone has passed … [Continue reading]
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