Real Estate News Matters

Follow me
By
Real Estate Agent - eXp Realty - 40241196
RECENT BLOG POSTS
A floating interest rate, also known as a variable interest rate or an adjustable rate, is an interest rate that can change over time. Unlike a fixed interest rate, which remains constant for the entire duration of a loan or investment, a floating interest rate fluctuates periodically based on ce...
08/28/2023
"No-deposit" mortgage deals for first-time buyers refer to mortgage options that allow buyers to purchase a home without having to put down a deposit or a down payment. Here are the pros and cons of such deals:Pros:Lower upfront costs: The most significant advantage of a no-deposit mortgage is th...
08/28/2023
As the housing market continues to evolve, it becomes increasingly crucial for aspiring homeowners to tread carefully and avoid falling into the trap of being house poor. The dream of owning a home should not come at the expense of financial stability and overall well-being. Here are some essenti...
08/18/2023
Last week’s economic reporting included readings on inflation, consumer sentiment, and weekly readings on mortgage rates and jobless claims. Inflation Rate Holds Steady in JulyMonth-to-month inflation rose at a pace of 0.20 percent in July and met analysts’ expectations. There was no change in th...
08/14/2023
Property taxes can be a substantial financial burden for homeowners and property owners. Each year, local governments assess the value of properties to determine the amount of property tax owed. However, these assessments are not always accurate and can result in higher tax bills than necessary. ...
08/11/2023
Making major life decisions often involves a delicate balancing act. Among the most significant choices individuals face are buying a new car and purchasing a new home. Both ventures represent milestones in one's life, bringing excitement and anticipation. However, there is a complex interplay be...
08/07/2023
Last week’s scheduled economic reporting included readings on construction spending, public and private sector payroll growth, and the national unemployment rate. Weekly readings on mortgage rates and new jobless claims were also released.Construction Spending Slips in JuneU.S. construction spend...
08/07/2023
The amount of equity you can borrow from your house depends on several factors, including the current market value of your home, the amount you owe on your mortgage, and your credit score.In general, lenders typically allow you to borrow up to 80% of your home's equity. For example, if your home ...
08/03/2023
When homeowners need to tap into the equity they've built in their homes, two popular options are Home Equity Loans (HEL) and Home Equity Lines of Credit (HELOC). Both types of loans allow homeowners to access funds for various purposes, such as home improvements, debt consolidation, or unexpecte...
08/03/2023
Last week’s economic reporting included readings on the Fed’s interest rate decision, S&P Case-Shiller’s Home Price Indices, sales of new homes, and pending home sales. Weekly readings on mortgage rates and jobless claims were also released. The Federal Reserve raised its target interest rate ran...
07/31/2023
Rainmaker
596,177

Bob Elliot

30+ Yrs Industry Experience
smartphone612 868 5500
smartphone612 578 6162
Contact The Author
Real Estate Experience Matters! Local and national market news, trends, and updates.