Despite the interest rate increase announced by the FED on May 4, 2022, mortgage rates have declined slightly as of the date this is being written. However, when put into the larger perspective, they have
It is time to buy your first home! Making this purchase is such an overwhelming process, and we want to make it as easy for you as possible. The best way to do that is
Mortgage rates remain near historic lows but will probably rise in 2021. But even with a mortgage rate in the 3% range, there are traps to be avoided if you want a mortgage at all.
While it's challenging to buy a home with a down payment, programs exist that allow qualified buyers to put down as little as 3.5%. A VA Loan will let you put down 0%. Why would
In December, mortgage rates remain stable. The 30-year fixed mortgage rate moved lower from 3.10% to 3.11% during the week ending 12/9/2021. It seems that Investors are optimistic that the omicron variant of Covid-19 will
Whether it’s a kitchen remodel or dedicated workspace at home, after a year of staying in, most homeowners have at least entertained the idea of a home renovation project. Skyrocketing home prices have resulted in a
The housing market has been gaining strength in the last few years -- particularly during the COVID-19 pandemic. Home values soared, buyer demand jumped, and mortgage rates hit historic lows. And ultimately, it’s made housing
The answer to whether closing costs are tax-deductible -- is often the most frustrating one- “It depends." Basically, you'll want to itemize if you have deductions totaling more than the standard deduction, which for 2021 is
KEY POINTS Based on calculation from Realtor.com, there were 207,000 fewer homes for sale in February than a year earlier.Core Logic states the prices in January were up almost 10% year over year. Lowest supply of home
A tax refund is one of several ways to come up with a down payment and closing costs to buy a home. Many mortgage programs have a requirement that monies used for a down payment be “sourced