A lot of preparation goes into retirement — 401(k)s, IRAs, downsizing. In the midst of maximizing your savings and planning for the future, it is crucial not […]
Blog
Two Expenses That Often Surprise New Homeowners
Most buyers don’t consider these big costs when calculating expenses for their home. Q: I have a suggestion that I would like you to share […]
Fed’s first rate cut in more than 10 years: What it could mean for your finances
The Federal Reserve on Wednesday lowered its benchmark federal funds rate by a quarter percentage points to around 2.25% from about 2.5%. The last rate decrease […]
How Are Mortgage Rates Determined?
Updated June 13, 2019 The U.S. Federal Reserve and mortgage rates have a very close relationship, although two concepts exist about mortgages that many people, […]
Millennial Homebuyers Save for Down Payments from Paychecks
72% of millennial homebuyers are funding their down payment the old-fashioned way: saving from regular paychecks. Twenty-four percent of millennial homebuyers took a second job […]
Renting vs. buying a home: Which is right for you?
Renting vs. buying a home is a big decision, and there are pros and cons to each option. In fact, a higher percentage of U.S. […]
Tips on How to Get The Best Mortgage
Best Mortgage Rate Tips Getting the best rate on your mortgage is a major concern for any home buyer. Everyone wants to get the lowest mortgage interest rate […]
Greater Affordability Revives Pending Home Sales
Pending home sales bounced back in May from a dip the previous month, a sign that home buyers are returning to the market as lower borrowing costs […]
Watch Out, First-Time Buyers: ‘Mom-and-Pop’ Investors Are Swooping In
Homeowners are deepening their belief that now is the right time to sell, according to NAR’s latest HOME Survey. Home purchasing activity among investors has […]
Mortgage rates slip, as mortgage applications surge
The benchmark 30-year fixed-rate mortgage fell this week to 4.04 percent from 4.06 percent, according to Bankrate’s weekly survey of large lenders. As rates move […]