July 2021 Archives

06 Jul 2021

What’s Ahead For Mortgage Rates This Week – July 5, 2021

Financial Reports

Last week’s economic reports included readings from S&P Case-Shiller Home Price Indices and data on pending home sales. Readings on job growth and und unemployment were also released along with weekly reports on mortgage rates and jobless claims. S&P Case-Shiller: April Home Price Gains Reach Record Highs Craig Lazzara, managing director and global head of investment strategy for S&P Dow Jones Indices, said that April’s year-over-year national home price growth rate of 14.60 percent was “ truly extraordinary.” All cities included in the 20-City Home Price Index posted higher home prices; five cities including Charlotte, North Carolina, Cleveland, Ohio, and Dallas, Texas posted their highest home price gains ever along with…

Have a Weekend to Spare? Consider These Quick Renovations to Add Value to Your Home

Around The Home

Homeowners who are thinking about listing their home for sale in the coming weeks or months may be focused on improving their home to help it sell more quickly, but there also may be a focus on adding value to the home in the process. While each home is unique, there are a few projects that most homeowners would benefit from. In fact, these are a few simple and easy projects that can typically be completed over the course of a weekend; that can add value and desirability to the home. Replace The Front Door The front door has an impact on curb appeal, and it also is one of the…

There Are Major Incentives For Homeowners To Sell Their Homes Now

Mortgage

Now is a great time to take out a new home loan because mortgage rates continue to hover near historic lows. As a result, many homeowners are refinancing to a lower rate. This is also the perfect time to move because homeowners can take out a new home loan with a lower interest rate. Mortgage rates will not remain at historic lows forever and have already begun to rise slowly this year. Homeowners should sell now and take out a new home loan before they rise too much. Homeowners Can Take Advantage Of A Bidding War Because the real estate market is so competitive right now, homeowners might be able to…