Despite higher mortgage rates and home prices, houses are flying off the market this spring, according to the National Association of Realtors Existing Home Sales Report released last Friday. Home resales boomed by 4.4 percent in March, the best month-to-date since February 2007.
Choosing flooring can seem like a daunting task. You have to consider wear and tear, cost, lifespan, installation, etc. To make this renovation decision a little bit easier, we’ve rounded up some of the best flooring types for each room in your home.
When it comes to interior design, there are dozens of styles to gain inspiration from. From classic furnishings to retro eclecticism, sometimes it can be hard to figure out where you fall in line. Here’s our list of some of the many top décor and interior design styles to figure out where you land.
In this week’s economic review, mortgage rates returned to favorable lows while reports showed that home prices continue to rise and listed homes are selling quickly.
Though insurance isn’t likely one of your biggest concerns when it comes to purchasing a home, understanding why you need it and how it protects you is essential. You need various types of insurance to make a home purchase, and title insurance is one of those. See how it gives you peace of mind throughout the homebuying and homeownership process.
Credit card companies, auto dealerships and mortgage lenders are just a few of the institutions that will assess your credit score before deciding if and how much they are willing to lend you and at what interest rate. When it comes to getting pre-approved for a mortgage, your credit score is one of the most influential factors determining your eligibility for a loan, so knowing how your mortgage lender determines that score is essential.
The kids have flown the nest and you’re faced with the proverbial decision on your lifelong home – do you stay or do you go? While it’s never an easy decision to sell and buy again, “downsizing” paves the way for a new style of homeownership. If you’re thinking of purchasing a new home as an empty-nester here are a few things to consider in your search.
From personalizing your living space to creating a stable family living environment, there are several personal benefits of owning your own home. On the financial side, tax benefits are one of the biggest perks of homeownership. In honor of the upcoming tax day, we’ve compiled the list of the biggest tax breaks homeowners receive.
In this week’s economic review, job openings were up considerably but hiring lagged, consumer sentiment continued to increase, mortgage rates declined, and consumer prices dropped significantly.
Buying your first home used to fall in line with a sequence of other big life events. You got a job, you got married and you bought a home. Many of today’s first-time homebuyers have broken away from that series – getting married later, having kids later and settling into homeownership later. So that begs the question: when is the best time to buy your first house?