Last week’s economic reports included readings from Case-Shiller Housing Market Indices, pending home sales, and inflation. Weekly readings on mortgage rates and first-time jobless claims were also released.
What Is House Hacking?
Some clever millennials are teaching the older boomers a new way to invest in real estate, which goes by the name of “house hacking.”
Case-Shiller: February Home Prices Gained Before Coronavirus Outbreak
Home prices continued to grow in February according to the Case-Shiller Home Price Indices. National home prices grew at a seasonally-adjusted annual pace of 4.20 percent as compared to national home price growth of 3.90 percent in January. Case-Shiller’s 20-City Home Price Index showed higher home price growth rates in February with average annual home price growth of 3.50 percent. January home prices grew by 3.10 percent for cities included in the 20-City Index.
Why Most People Use A Real Estate Agent Or Broker To Buy A Property
One might wonder if the continued improvement in the access to online information about properties for sale has removed the need for working with a qualified real estate agent or broker. It has not.
The ‘Golden Girls’ Strategy? Elderly Adults Share Home Ownership
The “Golden Girls” trend got its name from the popular television sitcom about four elderly women who live together to share expenses. It is becoming a popular way in real life for elderly adults to share homeownership and it has many benefits.
What’s Ahead For Mortgage Rates This Week – April 27th, 2020
Last week’s scheduled economic news included readings on sales of new and previously-owned homes and consumer confidence. Weekly readings on mortgage rates and new jobless claims were also released.
Don’t be Fooled. Forbearance is not Forgiveness.
The Federal Housing Finance Agency (FHFA) recently told lenders to allow borrowers to forego their mortgage payments for a period of time, usually 3 months, with an additional 3 – 9 month extension if needed. These are forbearance programs. In a forbearance, the borrower is allowed to miss payments for a certain amount of time and then at the end of that … Read More
First-Time Buyers’ Guide: How To Get A Mortgage And Buy A House
When you are in the process of buying a home, there are a lot of moving parts that need to work together. It can be hard for you to keep track of everything that has to happen, particularly if you are going through this process for the first time. With this in mind, there are a few basics that you … Read More
What’s Ahead For Mortgage Rates This Week – April 20th, 2020
Last week’s scheduled economic reporting included readings on home builder sentiment, housing starts and building permits issued. Weekly reports on mortgage rates and initial jobless claims were also released
Insurance Check-up
For Renters – Did you know: Rental property owners carry insurance for property damage, but this does not cover damage or theft of your personal property. A renter’s policy covers this, and can even cover loss of personal items while traveling. Renter’s insurance can also cover medical and legal expenses for accidents on your premises. For Homeowners – Did you … Read More