Uncategorized Instant Reaction: Mortgage Rates, February 15, 2024 Originally posted by: Dr. Jessica Lautz, the Deputy Chief Economist and Vice President of Research at the National Association of REALTORS®. Mortgage interest rates for the 30-year fixed mortgage averaged 6.77% this week, up from 6.64% last week based on Freddie Mac data. While mortgage interest rates have edged up weekly, the overall trajectory from […]
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Real Estate 7 Reasons to Own a Home Yes, even in this very active real estate market, there are reasons to own a home!  They include: Tax benefits. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, and some of the costs involved in buying a home. Appreciation. Historically, real estate has had a long-term, […]
Real Estate How to Prepare for House-Hunting Buying a home can be one of your biggest decisions, and it pays to be thoughtful, practical and prepared.  Here are a few tips: Know that there’s no “right” time to buy. If you find the perfect home now, don’t risk losing it because you’re trying to guess where the housing market and interest rates […]
Real Estate Questions to Ask When Considering Selling These questions will help you decide whether you’re ready for a home that’s larger or in a more desirable location. If you answer yes to most of the questions, you may be ready to move. Have you built substantial equity in your current home? Check your annual mortgage statement or call your lender to find […]
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