Category: Finance
Refinancing your mortgage can be a strategic move to either lower your monthly payments, shorten your loan term, or tap into your home’s equity. However, did you know refinancing a mortgage can cost you? Now that you’re wondering, “How much does it cost to refinance a... Read More
With mortgage rates finally dropping below 7%, you might be wondering if now is the right time to jump into the housing market and buy your first home. You’ve already played around with... Read More
Daily average mortgage rates recently dropped to 6.34%, the lowest for a 30-year fixed mortgage since April 2023. Rates have since ticked up slightly, but they are still near... Read More
The National Association of Realtors today entered into a $418-million settlement agreement for a wide range of class-action lawsuits brought by home-sellers. Unlike the earlier settlements with large brokerages, NAR also agreed to what could be a major structural change: eliminating the field in listing databases for the agent listing... Read More
In 2020, interest rates took a sharp dive as the Federal Reserve sought to stave off economic collapse amid the pandemic. The resulting low rates sparked a surge in real estate transactions, with numerous homebuyers securing 30-year fixed-rate mortgages below 3%. Fast forward to today, the Fed’s efforts... Read More
If you’re a beginner to real estate investing, this Redfin article explores how market trends significantly influence investor strategies. From timing purchases and sales to choosing investment strategies, market trends are a guiding compass in an ever-changing landscape. ... Read More