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What Buyers Need To Know

tax day extended

Treasury plans to delay the April 15 tax-filing deadline

Mnuchin said the delay would apply to individuals and small businesses, and that he did not need the approval of Congress to do it. It would be part of a broader package of stimulus the Trump administration is planning, he said in testimony to the House of Representatives Appropriations Committee. He did not specify what the new deadline would be.

Treasury plans to delay the April 15 tax-filing deadline Read More »

bachelor

What do The Bachelor and Real Estate have in common?

Even if you don’t watch The Bachelor (I stopped watching a few seasons ago), you have probably been victim to Tuesday morning recaps at work. Interestingly enough, buying a home and The Bachelor have a lot in common. Go with me on this. Capture the Opportunity Bachelor cocktail parties are vicious! The girls compete for one-on-one time with

What do The Bachelor and Real Estate have in common? Read More »

2020 trends

Homebuying season definitely started early this year

Typically, spring homebuying season starts in earnest as the calendar ticks toward March, but homebuyers are seemingly getting an earlier start this year, perhaps driven into the market by low mortgage rates.

Now, a new report from the Mortgage Bankers Association shows that spring homebuying season officially began in January this year.

Homebuying season definitely started early this year Read More »

test

9 ways buyers sabotage their home purchase

There’s been a ton of advice written over the years about things a buyer should not do when embarking on a home purchase.

Running up more debt, buying furniture, traveling the world before closing, taking out a car loan and changing jobs are all big no-nos when it comes to buying. Although many buyers having been counseled appropriately by their agent and lender about what not to do, issues still occur.

What else does a buyer do that can potentially sabotage a home purchase? Here are a few of the lesser-discussed items on the list.

9 ways buyers sabotage their home purchase Read More »

FICO score to save money

The easy way to save $140,000 on a new home purchase

Buying a house is probably the largest single financial decision people ever make – and it’s a decision that’s made with high frequency each year.

Though these figures have somewhat leveled off in recent years, total home sales continue to hover around 6 million, spurred on by historically low lending rates and the longest economic expansion in U.S. history. It would seemingly look like a great time to buy a house, but that all depends on if you have your credit in order.

The easy way to save $140,000 on a new home purchase Read More »

recession

What people have all wrong about the “looming recession”

Last year proved to be an unexpectedly good year for housing in general and mortgage companies in particular. Ten years after the end of the financial crisis, low interest rates and strong home-price growth contributed to a banner year, with consumers sitting on record amounts of home equity to tap. But the ten-year mark also spawned a host of predictions for a coming recession, maybe even in 2020. Our economy operates on a cycle, and a full decade of growth seems bound to end with a downturn.

What people have all wrong about the “looming recession” Read More »

mortgage rates2

How Much Does A 1% Difference In Your Mortgage Rate Matter? Well, you can afford a lot more!

Mortgage rates may be at an all time low, but there’s still a big difference between a 3 percent and 4 percent rate. We take a look at the factors that determine your mortgage rate and calculate how much you’ll pay. When you start looking to buy a house, you’re going to hear all about

How Much Does A 1% Difference In Your Mortgage Rate Matter? Well, you can afford a lot more! Read More »

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