Many first-time home-buyers receive down payment the help of a family member or close friend, but many do not realize there are specific guidelines they must follow for a home purchase to avoid trouble in the future. Down payment present? Be careful To begin with, the down payment must be a ... » Learn More about Down payment present? Be careful
Mortgage Tips
30-year mortgage rate rises yet again – to 4.16%
Two out of three (62.5%) mortgage experts polled by Bankrate.com this week think the mortgage rate will continue to rise over the short term, and 25% foresee little change. Only 12.5% forecast a decline. 30-year mortgage rate rises yet again - to 4.16% Long-term U.S. rates on ... » Learn More about 30-year mortgage rate rises yet again – to 4.16%
Mortgage rates hike assist and impair home buyers
With mortgage rates ticking up as investors anticipate the Federal Reserve raising interest rates in December, the expense of borrowing is increasing, and that's leading some new home buyers to speed up their purchases while discouraging homeowners from refinancing existing ... » Learn More about Mortgage rates hike assist and impair home buyers
Should You make use of Your Home’s Value to fund remodeling
If you need to borrow money for home renovations but the truth is you don’t wish to tap your assets, a cash-out refinancing of your home might be a good move. Generally, when expenses such as a new roof or backyard renovation present themselves, cash-out refinancing might make sense, but you will ... » Learn More about Should You make use of Your Home’s Value to fund remodeling
Barn doors to influence your trendy farmhouse design
Love them or hate them, barn doors have serious real estate cachet. As outlined by a Zillow analysis earlier this year, listings with “barn door” within the description sold for 13 percent more and 57 days faster generally than their estimated market values and sell times. But beyond the apparent ... » Learn More about Barn doors to influence your trendy farmhouse design
