As a first time real estate investor, you may be excited to start searching for a property to invest in. However, be sure to consider the following helpful tips to make your search more successful.
You Ask, We Answer: How Long Should It Take to Sell My House in the Spring?
April 21, 2015 by
Selling your home quickly in the spring depends on a buyer’s first impression when they see your house. If you want to sell fast make sure you pay attention to the details like curb appeal, freshening the interior, and pricing your home right.
What’s Ahead For Mortgage Rates This Week – April 20, 2015
April 20, 2015 by
Last week’s economic reports included the NAHB Wells Fargo Housing Market Index, Housing Starts, and Freddie Mac’s weekly survey of mortgage rates. Other news included the weekly jobless claims report and consumer sentiment for April.
Home Builder Confidence Rises in April
April 16, 2015 by
The National Association of Home Builders (NAHB) reported that April’s Housing Market Index rose from a reading of 52 in March to 56 for April. This is in line with warmer weather and the peak home buying season in spring and summer. Readings over 50 indicate that more builders view market conditions as positive as those who do not. NAHB members cited lower mortgage rates and better labor market conditions as reasons they expect more home buyers to enter the market.
How Does Making Lump Sum Payments Affect Your Mortgage? Let’s Take a Look
April 15, 2015 by
Periodically, many homeowners will receive a rather sizable amount of extra cash. This may be from a bonus from your employer, a refund on your tax return, a financial gift from a relative or something else altogether. Before you make your decision about how to spend your money, consider what impact your lump sum payment will have on your mortgage.
The Spring Rains Are Coming – Here’s How to Prepare Your Home if You Live in a Flood Zone
April 14, 2015 by
If your home is located in a flood zone, it’s critical that you know how to get ready for those drenching spring rains. Here are some basic steps any homeowner can take to prepare for potentially devastating floods.
What’s Ahead For Mortgage Rates This Week – April 13, 2015
April 13, 2015 by
Last weekâs economic news included the minutes from the most recent FOMC meeting, which indicated that the Fedâs monetary policymakers are eyeing a potential increase in the target federal funds rate, but donât expect to do so immediately.
Improve Your Home’s Resale Value with Our Guide to Adding a Beautiful Wooden Fence to Your Yard
April 10, 2015 by
With many types of home improvements, at least a portion of the cost that you put into the improvement can be recouped from additional value when you sell the home. Adding a beautiful wooden fence to your yard is a great way to boost resale value, and with a closer review, you may determine that you want to install a new privacy fence to your property soon.
FOMC Minutes: Housing Market Stable But Slow
April 9, 2015 by
The minutes of the March meeting of the Fedâs Federal Open Market Committee (FOMC) were released Tuesday and included a staff review of current economic conditions. The minutes noted that while labor markets continued to grow, inflation to the Fedâs target rate of 2.00 percent was impeded by dropping fuel prices. The Committee noted that expectations for longer-term inflation remained stable.
