As you’ve certainly noticed, mortgage rates have drifted downward over the past year or so. For several reasons, maybe a slower economy or the Fed has lowered a key interest rate. Whatever the reason, lower rates can trigger someone to make a decision to refinance. And it makes perfect sense.
read moreSelling a home is difficult even in the best of situations. If you are in the midst of a divorce, though, it can be downright traumatic. Before you put your house on the market, you might want to consider a few basic tips. While they may not magically make the process of selling your home a pleasant one, they may help to make it easier for you and your ex to get through this step and move on with your lives.
read moreMoving is one of the most stressful things that you will need to do. It puts pressure on you, your spouse, and your children as you all try to find something that fits with each person’s expectations. You also have to consider the location of the new home, the size of the home, the size of the outdoor area, and the quality of the neighborhood. With all of these things that you need to consider, sometimes finding a house can seem like it’s impossible.
read moreFor family members who are just starting out in the workforce or who have rented for a while, at some point they’ll start thinking of owning instead of renting. Renting for a period of time is a good thing because there are a lot of things to consider. When you rent, if you decide you don’t like the neighborhood after all, you can find another place once the lease has expired. With a home, it’s not really something to walk away from. At least without consequences. So what can you, as a parent or relative, do to help someone buy a home?
read moreFreddie Mac's results of its Primary Mortgage Market Survey® shows that "The 30-year fixed-rate mortgage continues to trend down, hitting the lowest level in almost three months. By historical standards, the economy is in good shape, and we expect rates to continue to come down over the summer months, bringing additional homebuyers back into the market."
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