by lizlaurenb | May 9, 2023 | Mortgage
A mechanic’s lien is a legal claim placed on a property by a contractor, subcontractor, or supplier who has provided labor, materials, or equipment to improve the property. The lien serves as security for the payment of the debt owed to the party who provided...
by lizlaurenb | May 8, 2023 | Financial Reports
Last week’s economic news included reporting on construction spending, the Federal Reserve’s decision to raise its benchmark interest rate, and weekly readings on mortgage rates and jobless claims. Construction Spending Increases in March The Commerce...
by lizlaurenb | May 5, 2023 | Home Buyer Tips
Buying a new home is exciting. Buying a brand new home can be even more so with the realization of being the first owner and possibly being able to choose your own layout and finishes. The prospect of owning new construction is definitely exciting, but it...
by lizlaurenb | May 4, 2023 | Mortgage
The purchase and refinance mortgage processes are similar in many ways, but there are also some important differences. Here is a general overview of how each process typically works: Purchase Mortgage Process Determine your budget: Before you start shopping for a...
by lizlaurenb | May 3, 2023 | Mortgage
There are many do-it-yourself (DIY) home improvement projects that can be completed on a budget and still have a significant impact. Enhancing the appearance and functionality of your home doesn’t have to be costly or time-consuming. New Light Fixtures One...
by lizlaurenb | May 2, 2023 | Mortgage
If you are looking for a way to save money on the purchase of your next home, you might be thinking about buying a property that requires repairs. Keep in mind that you will not be able to move into this property right away, so is it the best option? You could open...
by lizlaurenb | May 1, 2023 | Financial Reports
Last week’s economic reporting included readings on home prices, sales of new homes, and pending home sales. Monthly and year-over-year readings for inflation were published along with weekly reports on mortgage rates and jobless claims. February S&P...
by lizlaurenb | Apr 27, 2023 | Mortgage
In the realm of real estate, market conditions can differ significantly due to a variety of factors. One such state is known as a seller’s market, which typically benefits those wanting to sell their property. Let’s dive into what makes a seller’s...
by lizlaurenb | Apr 26, 2023 | Mortgage
Are you interested in refinancing your mortgage? There are a variety of reasons why you might want to refinance your home loan. For example, you might want to secure a lower interest rate, or you may want to reduce your monthly payment. You might even want to tap into...
by lizlaurenb | Apr 25, 2023 | Mortgage
How to Get Rid of PMI? PMI (Private Mortgage Insurance) is a type of insurance that lenders may require borrowers to pay if they have a down payment of less than 20% of the home’s purchase price. The purpose of PMI is to protect the lender in case the borrower...
