by Racheli Refael | Dec 28, 2021 | Home Mortgage Tips
When shopping for a mortgage, it is important to take closing costs into account. While some closing costs are the same for all lenders, different programs may add or reduce some of the burden borrowers face when closing on a home loan. Let’s take a look at some...
by Racheli Refael | Dec 27, 2021 | Financial Reports
Last week’s scheduled economic reporting included readings on sales of new and previously-owned homes along with weekly data on mortgage rates and jobless claims. Home Sales Increase in November Sales of new and previously-owned homes rose in November. The...
by Racheli Refael | Dec 23, 2021 | Mortgage
Equity is a powerful tool. As homeowners pay off the mortgage, the amount of equity in the house grows. As the house appreciates in value, homeowners accrue even more equity. Then, homeowners can tap into this equity for a variety of purposes. What are a few of the...
by Racheli Refael | Dec 22, 2021 | Mortgage Tips
The real estate market is rife with terminology that can make a home purchase seem more than a little complicated. If you’re currently looking for a home and are considering your loan options, you may have even heard the term ‘Debt to Income’ ratio....
by Racheli Refael | Dec 21, 2021 | Financial Reports
Last week’s economic reports included readings from the National Association of Home Builders on housing markets and the monthly post-meeting statement from Federal Reserve policymakers. Fed Chair Jerome Powell also gave a press conference. Weekly readings on...
by Racheli Refael | Dec 17, 2021 | Around The Home
In some homes, garages are used only for car storage. They may appear to be bare and without real functional use for homeowners. However, other garages may be an envy of the neighborhood – they may have floor to ceiling shelving systems, and they may be the...
by Racheli Refael | Dec 16, 2021 | Home Buyer Tips
The shift from home living to condo life may seem like a minor one, but there are plenty of things that will differentiate your lifestyle other than size when it comes to making a condominium purchase. If you’re contemplating this move and wondering about some...
by Racheli Refael | Dec 15, 2021 | Mortgage
Purchasing a house involves a tremendous amount of paperwork. There is even more paperwork involved if the buyer goes through a lender. With so much paperwork, some homeowners might be wondering how long they have to keep all of these documents. Ideally, homeowners...
by Racheli Refael | Dec 14, 2021 | Mortgage
Life has changed for a lot of people during the past few years. Some people reached retirement age while other people decided to retire early due to other reasons. As the baby boomer generation reaches retirement age, millions more people are going to retire during...
by Racheli Refael | Dec 13, 2021 | Financial Reports
Last week’s economic reporting included readings on job openings and quits, month-to-month and year-over-year readings on inflation, and the University of Michigan’s preliminary consumer sentiment survey for December. Weekly readings on mortgage...
