by Racheli Refael | Mar 31, 2022 | Mortgage Tips
Even though a lot of people have two incomes they can use to purchase a house (theirs and their partner’s), this is not necessarily required. There are lots of people who want to take advantage of current interest rates to purchase a house, and some people are...
by Racheli Refael | Mar 30, 2022 | Financial Reports
U.S home prices grew at a near-record pace in January according to the National S&P Case-Shiller Home Price Index; year-over-year home prices rose by 19.20 percent in January as compared to December’s reading of 18.90 percent. Home prices rose 1.80 percent...
by Racheli Refael | Mar 29, 2022 | Mortgage
If you have made an offer on a house and gotten it accepted, congratulations! This is a major step, but you might be wondering how you actually pay for a house. The days of showing up to the closing table with a personal check are in the rearview mirror, as nobody...
by Racheli Refael | Mar 28, 2022 | Financial Reports
Last week’s economic reporting included a speech and press conference by Federal Reserve chair Jerome Powell, data on pending home sales and sales of new homes, and the University of Michigan’s monthly reading on consumer sentiment. Weekly readings on...
by Racheli Refael | Mar 25, 2022 | Taxes
Even though owning a home comes with some significant expenses, some of them are tax-deductible. With many people looking for ways to lower their income tax, there are a few expenses tied to the house that every homeowner should consider. This could make a significant...
by Racheli Refael | Mar 24, 2022 | Home Mortgage Tips
If you’re having financial troubles, or if you need to free up a large sum in a short period of time, a reverse mortgage is a great way to get the money you need without having to take on new debt or make monthly payments. When you apply for a reverse mortgage...
by Racheli Refael | Mar 23, 2022 | Home Buyer Tips
Some people love living in condos, while others swear by detached homes. When it comes to deciding between the two, however, you can’t always rely on someone else’s word. Sometimes it’s as simple as understanding and assessing your lifestyle to make...
by Racheli Refael | Mar 22, 2022 | Mortgage
Many people are looking for opportunities to save money on the cost of a mortgage. If you want to save money on your home loan, you might be thinking about refinancing. During the refinance process, you will replace your current home loan with a new mortgage. Some...
by Racheli Refael | Mar 21, 2022 | Financial Reports
Last week’s economic reporting included readings on housing markets from the National Association of Home Builders, sales of previously-owned homes, and government reports on housing starts and building permits issued. Weekly readings on mortgage rates and...
by Racheli Refael | Mar 18, 2022 | Home Mortgage Tips
Purchasing a home is often considered an important step in one’s financial life, no matter what point you arrive at it, but there are things you should know about financing your home purchase before stepping into the fray. If you’re planning on buying a...