What’s Ahead For Mortgage Rates This Week – March 6, 2023
Last week’s economic reporting included readings from S&P Case-Shiller home price indices, data on pending home sales, and weekly readings on mortgage rates and jobless claims.
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What Is Mortgage Insurance and How Does It Benefit Me?
Are you in the market for a new home? If you are considering a mortgage, you may be curious about mortgage insurance, commonly referred to as PMI or MI. Let’s explore the topic of mortgage insurance, including how it works to reduce risk and how it benefits you as the mortgage borrower.
S&P Case-Shiller: December Home Price Growth Slows
Home price growth slowed in December according to the S&P Case-Shiller 20-City Home Price Index. Year-over-year home prices rose by 4.6 percent in December as compared to November’s reading of 6.8 percent growth. Rising mortgage rates caused home prices to dip as potential buyers delayed home purchases and demand for homes fell.
The Do’s And Dont’s Of Making Your Offer More Competitive
Today, the housing market is more competitive than it has ever been in the past. You may have your eyes on your dream home, but how can you make it stand out from the crowd?
Should You Improve Your Home Before Selling Or Not?
Selling your home is one of the most stressful things you’ll ever go through and one of the most important decisions you’ll ever make. However, there’s a lot more to selling your home than just sticking a sign out in the front yard. Most likely, your home will need a little work before it is perfect.
What’s Ahead For Mortgage Rates This Week – February 27, 2023
Last week’s economic reporting included readings on sales of previously-owned homes, the minutes of the Federal Reserve’s most recent Federal Open Market Committee meeting, and weekly readings on average mortgage rates and jobless claims.
What To Know About The 2-1 Buydown Program
You are probably excited to close on your home, but you may have also seen that your interest rate might be a bit higher. If you are looking for a way to save money, particularly if you have a lot of work to do on the home, you might be looking for a way to reduce your interest rate during the first couple of years. One option is to perform a 2-1 buydown. What do you need to know about this option, and how do you know if it is right for you?
How To Successfully Use Your Down Payment to Achieve Your Home Buying Goals
When you are considering purchasing a home , understanding the lending guidelines regarding a down payment is important.
Here are a few key tips to consider:
The Most Common Real Estate Investing Terms You Need To Know
If you are thinking about investing in real estate, you probably know it is a great way to diversify your investments. But, like any investment, you must make sure you choose your targets wisely.
What’s Ahead For Mortgage Rates This Week – February 21, 2023
Last week’s economic news included readings on housing markets, inflation, retail sales, and data on housing starts and building permits issued. Weekly readings on mortgage rates and jobless claims were also published.