94% of purchasers last year opted for a fixed-rate mortgage at some of the lowest rates in home buying history. Yet, some of them will pay more in interest than necessary based on the time they’ll own the home. If a person only plans to be in the home a few years, the adjustable-rate can Read More
If Interest Rates Go Up
With interest rates lower than they’ve been in over 40 years, it may be difficult to think of a “window of opportunity” closing. However, it isn’t difficult to understand that it may very probably cost more to live in a home in the near future due to rising interest rates and prices. Zillow recently reported Read More
Plan For Home Emergencies
A water meter key is like insurance; buy it before you need it. Imagine a pipe has burst and there is water flowing like a river through your home. There may a cut-off valve to each sink if it works and if that’s where the leak is coming from. Your home may have a master Read More
Setting Expectations
Coffee should be hot. Beer should be cold. Mexican food should be spicy. However, if these things are less than the standard that you expect, there are not any lasting consequences. As the value of the object in question rises, either in price or gravity, the expectations usually increase and decisions become progressively more important. Read More
Relationship Between Rate and Payment
A ½% increase in interest rate may not sound like much but it is roughly equivalent to a 5% increase in price. It becomes obvious when you compare the payments. If you financed 100% of the cost of a $250,000 home at 4.5% interest for 30 years, the payment would be $1,266.71 per month. If Read More
Rent and Home Prices Going Up
Whether you continue to rent or decide to buy a home, according to recent Zillow 2014 housing projections, the cost is going up. Zillow projects home prices to increase nationally by 3%, mortgages to rise to 5% interest rate by the end of the year and rents to go up by 2.5% on average. If Read More
Rising Mortgage Rates and Housing Prices
The two most frequently quoted constants in life are death and taxes. Two more things would-be homeowners can expect in the near future are increases in mortgage rates and housing prices. Interest rates have been kept artificially low for several years by the Federal Reserve in an effort to strengthen the economy. Policy is shifting Read More
The Three Types of Showings
One of the most frequent calls from homeowners to their agents is about the listing’s inactivity due to the lack of showings. The homeowner commonly believes that the home is shown only when a buyer walks through the house with an agent. Today’s buyers are more sophisticated than in the past due to the abundance Read More
LED vs. Incandescent Bulbs
If you’ve considered changing your light bulbs to energy-saving LED bulbs but decided not to make the investment because the prices were too high, you might want to investigate again. The prices have come down considerably. An initial investment now will generate immediate returns through energy costs and because they last longer, you won’t need Read More
Free Gifts
It’s part of holiday tradition to celebrate with family and friends and to share gifts with our loved ones. There’s no measuring how much is spent on the combined effort and money to find the perfect gift. The challenge is to identify the right gift in the right color and size; something they really want Read More
- « Previous Page
- 1
- 2
- 3
- 4
- 5
- …
- 12
- Next Page »
