Mortgage rates fell again last week and are again near record lows. According to Freddie Mac, the average rate for a 15-year fixed rate mortgage did achieve a record low of 2.61 percent as compared to 3.1 percent one year ago.The average rate for a 30-year fixed rate mortgage fell to 3.40 percent and near the record low of 3.31 percent.
Archives for April 2013
10 Ways to Prepare for Homeownership
1. Decide what you can afford: Generally, you can afford a home equal in value to between two and three times your gross income. 2. Develop your home wish list: Then, prioritize the features on your list. 3. Select where you want to live: Compile a list of three or four neighborhoods you’d like to […]
Quick tips for managing routine property inspection and repairs
When you turn to property and its management, this question will always come around “What makes people not to take care of their rental belongings in the correct and timely manner?” Maybe they lack a mechanism that can help them maintain them. Property owners understand very well that failure to closely watch over their property’s […]
4 Quick Tips for Staging Your Home
The point of staging is to highlight the house’s strengths, downplay its weaknesses and make it more appealing. With the right decorating techniques, you can win buyers over the moment they step through the door.
Federal Jobs Report Shows Biggest Increase Since 2008
The Bureau of Labor Statistics (BLS) issued its Job Openings and Labor Turnover report for February on Tuesday, June 9th, 2013.
How To Know If You Will Need Private Mortgage Insurance
You may be wondering what PMI is and how you know when you need to purchase it.
Below is the short version of what you need to know about Private Mortgage Insurance, why (and if) you need it.