In the U.S., personal debt is at an all-time high. According to the Federal Reserve, household debt hit a record $16.9 trillion at the end of 2022, which is up $2.75 trillion since 2019. If your consumer debt feels overwhelming and your monthly payments are a large portion of your income, you may look for other solutions. One […]
How to Use Your Mortgage to Pay Off Your Debt Read More »
As a veteran or service member who’s ready to embark on your home ownership journey, the first step is to consider your financing options. The Department of Veterans Affairs (VA) guarantees home loans for veterans and service members to help achieve home ownership goals. While VA loans are similar to conventional mortgage loans, there are some notable
Understanding VA Closing Costs Read More »
Today’s mortgage rates are hovering right around the historic median of 7.5%. But after a decade of exceedingly low rates, the recent increases are causing some homebuyers to find creative ways to secure a lower rate. Some buyers are paying mortgage points upfront to reduce their mortgage rates. Others are opting for an adjustable-rate mortgage (ARM) rather than fixing their
What is a 2-1 Buydown Loan and How Does It Help Homebuyers? Read More »
As a real estate professional, your clients turn to you to help them navigate an often emotional and complicated process. They trust your guidance and insight as they make what is often their most significant investment. Investing in a home can be scary for many, especially first-time buyers. It’s easy to be overwhelmed by how
Tips for Helping Your Clients Save on Closing Costs in a Home Sale Read More »
Buying a new home is an exciting adventure. If you’re a first-time homebuyer, it can also come with a bit of confusion. With news headlines focusing on fluctuating interest rates and changing market dynamics, it can be hard to understand whether it’s actually a good time to buy a home or if you’re better off
Interest Rates and the Housing Market: A Guide for First-Time Homebuyers Read More »
There’s no need to wait until springtime to start shopping for your new home. Not when the holiday season provides several advantages for homebuyers! From reduced competition and motivated sellers to potential cost savings and tax benefits, here are five compelling reasons to buy a home during the holiday season. 1. Fewer Other Buyers to
The Benefits of Buying a Home During the Holidays Read More »
As the year winds down and temperatures drop, the real estate market is seeing some notable changes. Mortgage rates have recently peaked at 7.23% and remain close at 7.19% as of late September. Meanwhile, July’s home sales saw a decline of 2.2% year-over-year, marking a cooling trend across all U.S. regions. In addition to high
6 Real Estate Trends to Watch This Holiday Season Read More »
When it comes to giving your home a fresh look, choosing the right type of paint can make all the difference, not just in the value of your home but in your quality of life. Selecting the perfect color scheme and finish that complements your style and personality is key to transforming your living space
From Drab to Fab: Interior Painting Tips for a Happier Home Read More »
As we usher in a brand-new year, the time-honored tradition of crafting New Year’s resolutions often revolves around personal growth, career aspirations, and exciting life adventures. However, have you ever considered that your home, that cherished haven where countless memories are made, also deserves a special spot on that resolution list? Your home is not
Mastering Home Maintenance: Your Complete Checklist for Tips Year Round Read More »
With the holiday season fast approaching, homebuyers and sellers are getting more curious about seasonal market conditions. Should you sell your home during the holidays? Should you buy a home during the holidays? In this article, we’re exploring how the holiday season impacts the real estate market. We’ll tell you: Why Holiday Market Conditions Are
How Does the Holiday Season Impact the Real Estate Market? Read More »
