Home Ownership

Home Ownership
Home Prices
Homeowners
Real Estate

8 Mistakes Real Estate Investors Should Avoid

If you’re just getting started in real estate investing, don’t expect to become an expert overnight. Yes, it’s true that you can make money buying and selling properties. However, it takes knowledge, determination, and skill. It also helps to know some of the classic mistakes that others make when they start investing in property to […]

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Home Ownership
Mortgage Rates

Mortgage rates have dipped — is it a good time to buy a home? Experts weigh in.

Getty Images Some mortgage rates have fallen slightly: The average interest rate on a fixed rate 30-year mortgage now sits at 4.20% and the average annual percentage rate is 4.25%, down from 4.29% and 4.23%, respectively. The average interest rate for a 15-year fixed rate mortgage remains unchanged from a day prior at 3.48% (the […]

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Home Ownership
Home Prices
Mortgage Rates

Here’s how to increase your chances of buying a home, even as mortgage rates rise

The 30-year mortgage rate has risen rapidly to its highest level since 2019, around 4%. The increase could compel home shoppers to look for houses in lower price ranges. Some might need to get preapproved again. Mortgage rates have risen almost a full percentage point since late December. A few days before Christmas, the 30-year […]

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Home Accessories
Home Builders
Home Mortgage
Home Ownership
Home Prices
Homeowners
Housing Market

Yes, Housing Prices Are Up. But Americans Can Afford More.

An “Available” sign outside a home in the CBH Homes Calvary Springs Community in Nampa, Idaho, on Oct. 19, 2021. No city exemplifies the mania of the Covid-era U.S. housing market better than Boise, Idaho, where prices have surged by more than 30% in the past year. Kyle Green/Bloomberg As an investor in mortgage-backed securities, […]

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Home Ownership
Home Prices

U.S. Homeowners Gained Average $57,000 in Equity in One Year

(Bloomberg) — Historic home price growth boosted U.S. homeowner equity by 31% in the third quarter from a year ago, adding $3.2 trillion to Americans’ wealth. That translates to an average gain of $56,700 per borrower, according to a report by property data provider CoreLogic. Housing valuations rose 17.7% in the 12 months through September, […]

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Home Mortgage
Home Ownership
Mortgage
Mortgage Rates
Mortgage Refinance

Low mortgage rates are holding on — and millions of US homeowners are making this big mistake

Low mortgage rates are holding on — and millions of US homeowners are making this big mistake Mortgage rates have been relatively stable over the past few weeks, a widely followed survey shows, even as experts keep warning that higher borrowing costs are on the way. For now, fears about the omicron variant and its […]

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Home Ownership
Property Tax

Homeowners, prepare for a shocking property-tax bill

This article is reprinted by permission from NerdWallet.  You’re a typical homeowner: You fret over mysterious noises behind walls, savor the yard’s smell after a storm, and giddily track your home’s fast-rising value. That buoyant emotion might yield to a sinking feeling later, when you receive a property tax bill. As the home’s value skyrockets, […]

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Home Mortgage
Home Ownership
Rent vs Own

Get rich as a renter: 5 ways to build wealth without buying a home

Get rich as a renter: 5 ways to build wealth without buying a home For many, homeownership is an essential part of the American dream. That doesn’t mean it has to be your dream, too. Maybe you don’t need the space or a backyard for your dog. Maybe you don’t think real estate is the […]

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