Category: home buying process
When you decide to sell your home and sign an agreement with an agent, one of the first things your agent will do is list your home on the Multiple Listing Service (MLS). The MLS is... Read More
As the real estate landscape changes, sellers now have more opportunities to decide how to handle agent commissions, particularly when it comes to paying a buyer’s agent. While these costs have always been negotiable, recent changes in the industry... Read More
The short answer to the question “Are mortgage rates dropping?” is yes. On August 5th, daily average 30-year fixed mortgage rates dropped to 6.43% which is the lowest since April 2023. For home buyers, this poses a great opportunity to enter the market after over a year of... Read More
When you’re in the market for a mortgage, you might come across the term “mortgage points” and wonder if they’re worth your investment. Mortgage points, also known as discount points, can be a bit confusing, but understanding them can help you make a more informed decision about your... Read More
Are you buying or selling a home? Then you might be wondering: “Who pays the real estate agent?” Traditionally, this cost has been shouldered by the seller, but recent changes have brought new dynamics into play. The National Association of Realtors (NAR) and... Read More
Mortgage interest rates are always changing – moving up and down each day, even each hour. These quick changes can impact the amount you pay when you refinance or close on your mortgage. In early August 2024, interest rates dropped to 6.34%, their lowest... Read More
As mortgage rates continue to decline, many homeowners are wondering if now is the right time to sell their homes. A falling interest rate environment can significantly impact the housing market, creating both opportunities and challenges for sellers. Let’s explore the pros and cons of listing your home... Read More
There are important changes happening in the real estate industry this month. The National Association of Realtors and multiple listing service (MLS) have implemented new rules about how real estate agents communicate about real estate fees. The changes provide greater... Read More
During the homebuying process, one crucial decision that buyers often grapple with is whether to buy down their mortgage interest rate. Since interest rates play a pivotal role in determining the overall cost of a mortgage – what you end up paying each month as a mortgage payment... Read More
Have you ever been captivated by the ins and outs of real estate investing, declaring, “I could do that,” or even, “I want to do that,” but couldn’t pinpoint where to start? If so, you’re in luck because this Redfin article is tailor-made just for you. ... Read More