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How to Calculate Mortgage Payments
Calculating mortgage payments involves several variables, including the loan amount, the interest rate, and the loan term.
What’s Ahead For Mortgage Rates This Week – Juy 3, 2023
Freddie Mac reported higher average mortgage rates last week. The average rate for 30-year fixed-rate mortgages rose by four basis points to 6.71 percent; the average rate for 15-year fixed-rate mortgages rose by three basis points to 6.06 percent.
Interviewing Architect’s When Building A New Home
Making the decision to build a home might be one of the biggest you make in your life. You’ve found the perfect plot of land and have a vision of what type of home you want, but you need someone to bring your dream to life.
S&P Case-Shiller Housing Market Indices: Short Supply of Homes for Sale Pushes Prices Up
The top three cities with the highest home price growth rates as reported in April’s S&P Case-Shiller’s 20-City Home Price Index were Chicago, Illinois with a year-over-year home price gain of 4.10 percent; Atlanta, Georgia posted a year-over-year home price growth of 3.50 percent.
How to Help Your Dog Adjust To A New Home
If you’re moving to a new home, your dog may be curious or nervous about moving supplies and boxes around the house. To help your dog adjust to the upcoming move, it can be helpful to let them get familiar with the moving supplies. Introduce the moving supplies gradually by introducing one or two boxes or pieces of packing material at a time. Allow your dog to sniff and investigate the items, but make sure to supervise them to ensure their safety.
How To Beat High Inflation with a Home Purchase
Inflation can erode the value of your savings over time, and one way to hedge against inflation is by investing in assets that appreciate in value over time. Real estate is often considered a good hedge against inflation, as property values tend to rise in line with inflation.
What’s Ahead For Mortgage Rates This Week – June 26, 2023
Last week’s scheduled economic reports included readings on housing starts, existing home sales, and Federal Reserve Chair Jerome Powell’s congressional testimony. Weekly readings on mortgage rates and jobless claims were also released.
Maximizing Small Outdoor Spaces: Ideas for Balconies and Patios
When it comes to small outdoor spaces, selecting the right furniture is crucial. Pieces that are compact, lightweight, and multi-functional. Along with folding chairs, stackable stools, and collapsible tables are excellent choices as they can be easily stored when not in use. Consider investing in furniture with built-in storage compartments, such as benches or ottomans, to maximize space efficiency.
What to Look For During Your Home Inspection
Good insulation and energy-efficient features can greatly impact your home’s comfort and utility costs. Check the insulation in the attic, walls, and crawl spaces to ensure they meet the recommended standards. Inquire about the home’s energy efficiency features, such as double-pane windows, energy-efficient appliances, or renewable energy installations
Millennials Are Finding Home Buying Overwhelming
Many millennials find home buying overwhelming due to a variety of factors such as high housing prices, student loan debt, competition from investors, economic uncertainty, and a lack of knowledge about the home-buying process. These challenges can make it difficult for millennials to save enough money for a down payment, find a suitable property, and navigate the complex process of buying a home.