What’s Going On With Mortgage Rates?

This month on December 16th, the Federal Reserve System (the U.S. central bank—the “Fed”) hiked interest rates for the first time in nine years. In the days since the Fed move, mortgage rates actually dropped. How is this possible? What’s going on with mortgage rates? Will… Read More ›

Home Value Don’ts

Your home is one of your biggest financial investments, but you can easily reduce the value of that investment by how you treat it. Here are five things to avoid that could reduce your home value. Rough Renovations Renovation projects are likely the first thing… Read More ›

Buying Versus Renting

Renters today face the highest monthly charges in history and costs just keep rising month after month. In fact, U.S. renters pay an average of 30 percent of their monthly income on rents while homeowners pay just 15 percent on mortgages. The steep cost of… Read More ›

Home Not Selling?

Is your home not selling? In a strong market, if a home is priced right and shows well, it should sell within the first six weeks. If it doesn’t, many sellers become frustrated, especially if their agent begins pushing for a price reduction. It’s a… Read More ›

Plan for New Mortgage Disclosures

Beginning October 3, 2015, home buyers applying for a mortgage will receive new rate and fee quote forms from lenders. These federally required consumer mortgage disclosures, which go by the name TILA-RESPA Integrated Disclosures (or TRID), will make it easier for you to understand rate… Read More ›

Zillow is Not a Real Estate Company

Zillow has done an incredible job marketing themselves as the “go to company” for both sellers and buyers over the past few years. Unfortunately, many sellers have been disappointed by their inaccurate data. Realtors get to deal with the misinformation they and many other “professed”… Read More ›

7 House Hunting Mistakes

If you’re thinking about purchasing your first home, it’s tempting to dive right in and start looking at houses. But before you dedicate your Saturday to visiting every open house in the city, you need to know what you’re looking for. Otherwise, the process of… Read More ›

What Are Real Estate Comps?

Real estate comps, or comparable sales, is a term anyone on either side of a real estate transaction should know well. It refers to homes located in the same area and very similar in size, condition and features as the home you are trying to… Read More ›

8 House Hunting Mistakes

If you’re thinking about purchasing your first home, it’s tempting to dive right in and start looking at houses. But before you start visiting every every available house in the area, you need to know what you’re looking for. Otherwise, the process of shopping for… Read More ›

Home Insurance Gotchas

Think You’re Covered? Your home insurance may not help with these problems. A standard homeowners policy offers coverage for a wide variety of perils — theft, vandalism, fire, wind, lightning and ice, among others — but not for everything. Here are six situations not usually… Read More ›