There is a good reason to buy now instead of waiting for prices to come down. Consider a typical home that sells for around $219,000. For example, you put down 20% and get a 30 year fixed rate mortgage at today’s rate of 5.5%. With that, monthly principal and interest payments would come to … [Read more...]

The Federal Reserve’s recent rate cutting moves are not lowering mortgage rates for new buyers, as much as they helping those who hold existing adjustable rate mortgages. In addition, rates on home equity lines, credit cards, and many auto loans have all dropped significantly. Many homeowners … [Read more...]

Preparing your home for sale will make a big difference in the amount of time it takes to sell. By following a few simple pre-marketing tips, you can eliminate any buyer objections before they arise by doing needed repairs, maintenance and improvements. Outdoors: Spruce up gardens and lawn, … [Read more...]