In an economy hit hard by the COVID-19 pandemic, impacts to the housing market aren’t cut-and-dried. Demand for homes appeared to drop along with sales in March, but home prices have risen. What does this mean for the average homebuyer or seller? Gary Pivo, a professor of real estate… Read more »
Real Estate and Finance
Eight questions to ask before going solar
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With a growing number of homeowners looking to save money on power bills and help the environment, rooftops across America are taking on a new look, as more homes are dotted with solar panels. But it’s important to ask the right questions before installing them on your home. “While… Read more »
Concerned about see-sawing mortgage rates? Borrowers have options
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While mortgage interest rates remain near historic lows, they had been slowly rising over the third quarter of 2018, increasing the cost of 30-year loans for borrowers. If rates rise again, home buyers have other options to consider: an adjustable rate mortgage (ARM), which provides an initial lower monthly… Read more »
Cash-out refinancing may sound great but can turn into a costly mistake
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After years of making regular mortgage payments, it feels good to watch your net worth make upward progress. That is especially true if your house is also gaining value. With a growing amount of equity comes peace of mind, knowing you have the option of tapping into it when… Read more »
Home-buying tips for first-timers, old-timers
(BPT) — Whether you are buying a home for the first time or you are just looking for an upgrade, it is never a bad idea to arm yourself with tips that can make your search go from overwhelming to enjoyable. Rather than learning the hard way about hidden expenses… Read more »
How much do you need for a down payment?
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(BPT) — It’s a common misconception that a 20 percent down payment is required to buy a home. Let’s face it, a 20 percent down payment is a lot of money, and often the largest obstacle for homeownership, especially for first-time buyers. You can qualify for a conventional mortgage… Read more »
Top tips and decluttering insights to make your next move go smoothly
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(Statepoint) — Moving can be emotional and the ways you manage it — including the downsizing of your possessions — may be influenced by your age, suggests a new study. “From heirlooms to kitchen gadgets, moving is one of the few times in life when you’re forced to consider all… Read more »