Mortgage Rates Zoom Past 4.5%—Here’s What Home Buyers Need To Know
Mortgage Rates Zoom Past 4.5%—Here’s What Home Buyers Need To Know
"We're at rates that we thought we might see at the end of the year," one economist said, underscoring the rapid increase in interest rates.
The post Mortgage Rates Zoom Past 4.5%—Here’s What Home Buyers Need To Know appeared first on Real Estate News & Insights | realtor.com®.
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"We're at rates that we thought we might see at the end of the year," one economist said, underscoring the rapid increase in interest rates.
The post Mortgage Rates Zoom Past 4.5%—Here’s What Home Buyers Need To Know appeared first on Real Estate News & Insights | realtor.com®.
"We're at rates that we thought we might see at the end of the year," one economist said, underscoring the rapid increase in interest rates.
The post Mortgage Rates Zoom Past 4.5%—Here’s What Home Buyers Need To Know appeared first on Real Estate News & Insights | realtor.com®.
See this week’s interest rates in action, get tips for fine-tuning any home buying budget, and find easy ways to improve the curb appeal of your home. Not available in all states. See better.com/about-us/licensing-disclosure.
See this week’s interest rates in action, get tips for fine-tuning any home buying budget, and find easy ways to improve the curb appeal of your home. Not available in all states. See better.com/about-us/licensing-disclosure.
A real estate attorney is an essential part of your home purchase “team” and has a fiduciary duty to act in your best interest throughout the entire closing process. For example, they will help you review the contract of sale, handle negotiations with the seller, and oversee your closing, among other services. There is some overlap between what your attorney and your real estate agent oversee during the transaction. The key difference is that an attorney is a licensed legal professio...
A real estate attorney is an essential part of your home purchase “team” and has a fiduciary duty to act in your best interest throughout the entire closing process. For example, they will help you review the contract of sale, handle negotiations with the seller, and oversee your closing, among other services. There is some overlap between what your attorney and your real estate agent oversee during the transaction. The key difference is that an attorney is a licensed legal professio...
When you’re searching for your new home, a mortgage pre-approval will not only tell you what you can afford but can also help you stand out as a serious buyer. However, you’ll want to protect your credit score while you’re shopping for the best rate. So, does a mortgage pre-approval affect credit score? Here’s how... View Article
When you’re searching for your new home, a mortgage pre-approval will not only tell you what you can afford but can also help you stand out as a serious buyer. However, you’ll want to protect your credit score while you’re shopping for the best rate. So, does a mortgage pre-approval affect credit score? Here’s how... View Article
In an effort to combat inflation, the Federal Reserve has raised interest rates by a quarter point to a range of between .25% and .5%. This interest rate hike, the first since 2018, is one of seven planned interest rate...
Full Story
The post Here’s What You Need to Know About Interest Rates Going Up appeared first on MintLife Blog.
In an effort to combat inflation, the Federal Reserve has raised interest rates by a quarter point to a range of between .25% and .5%. This interest rate hike, the first since 2018, is one of seven planned interest rate...
Full Story
The post Here’s What You Need to Know About Interest Rates Going Up appeared first on MintLife Blog.
The most common reason a buyer or seller requests a contingency is for their own protection—an escape route, if needed. Here's what you need to know about contingencies.
The most common reason a buyer or seller requests a contingency is for their own protection—an escape route, if needed. Here's what you need to know about contingencies.
A giant asteroid measuring more than a mile long will zoom past the Earth this week. The "potentially hazardous" asteroid, named 1989 JA, is the largest expected to get very close to the planet in 2022.
A giant asteroid measuring more than a mile long will zoom past the Earth this week. The "potentially hazardous" asteroid, named 1989 JA, is the largest expected to get very close to the planet in 2022.
While the pandemic thrust RON into the mainstream of the industry, many are still wondering how the technology can benefit them and the closing process going forward.
The post RON is here to stay – Here’s what you need to know appeared first on HousingWire.
While the pandemic thrust RON into the mainstream of the industry, many are still wondering how the technology can benefit them and the closing process going forward.
The post RON is here to stay – Here’s what you need to know appeared first on HousingWire.
There are several ways for homeowners to leverage the equity in their home, but a reverse mortgage is a unique financial tool solely for senior homeowners. A reverse mortgage allows borrowers to withdraw a portion of their equity without having to repay until they leave the home. However, reverse mortgage requirements must be met before you can qualify for this home loan. Here are the reverse mortgage requirements to help you decide if this type of loan is the right choice for you. What Is a R...
There are several ways for homeowners to leverage the equity in their home, but a reverse mortgage is a unique financial tool solely for senior homeowners. A reverse mortgage allows borrowers to withdraw a portion of their equity without having to repay until they leave the home. However, reverse mortgage requirements must be met before you can qualify for this home loan. Here are the reverse mortgage requirements to help you decide if this type of loan is the right choice for you. What Is a R...
Mortgage rates are projected to decline next year — but that doesn't mean prospective homebuyers should necessarily delay a purchase for the prospect of lower financing costs. The rate on a 30-year fixed mortgage will fall to an average 4.5% in 2023, according to a recent housing forecast published by Fannie Mae, a government-sponsored lender. That dynamic would offer relief to would-be homebuyers who've seen mortgage rates balloon this year. The Federal Reserve started increasing its benchmar...
Mortgage rates are projected to decline next year — but that doesn't mean prospective homebuyers should necessarily delay a purchase for the prospect of lower financing costs. The rate on a 30-year fixed mortgage will fall to an average 4.5% in 2023, according to a recent housing forecast published by Fannie Mae, a government-sponsored lender. That dynamic would offer relief to would-be homebuyers who've seen mortgage rates balloon this year. The Federal Reserve started increasing its benchmar...