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Video: What Is A Counter-Offer?
What Is A Counter-Offer? The video puts this in more visual terms, but basically, a seller can respond to a buyer’s offer with changes – a “counter” – that improves the terms.
FOMC Statement: Fed Holds Steady on Rates
According to statement issued at the conclusion of today’s Federal Open Market Committee meeting, committee members decided against raising the target federal funds rate. Mixed economic conditions, slower economic growth in the 4th quarter and low inflation contributed to the decision against raising rates. The target federal funds rate was raised in December to a range of 0.25 to 1.59 percent after remaining at 0.00 to 0.25 percent for several years. While rising fed rates were expected to cause a hike in mortgage rates, mortgage rates fell after December’s rate hike.
Right to Write
We recently decided to get involved with a project that intrigued an employee here at The Law Office of David R Rocheford Jr. Amber brought Right-To-Write information to Attorney Rocheford and he immediately saw the need and understood the mission. Their story is...
Mythbusting: is Winter a Bad Time to Buy a Home? No – and Here's Why
The cooler months of winter often seem like the best time to hibernate into your house and wait for spring to appear, but it can actually be a prime opportunity to start looking for a new home. If you’re not interested in waiting until next season, here are a few reasons you may want to get started on your home search a little earlier than expected.
First Time Home Buyers: 3 Essential Tips That You Won't Hear from Your Friends
When it comes to diving into home ownership for the first time, it can seem like there are so many things you just don’t know. Whether you’re getting advice from your real estate agent, your friends or your family, there are so many things that seem like common sense that they might be lost in the mix of details.
What's Ahead For Mortgage Rates This Week – January 25, 2016
Last week’s scheduled economic news included releases from the National Association of Home Builders, Housing Starts, and Existing Home Sales. Weekly reports on new jobless claims and mortgage rates were also released.
Staging Tips: How to Make a Small Backyard a Great Selling Feature
Small backyards are not the detriment that sellers seem to worry about. By putting in some work, any homeowner should be able to turn the smallest backyard into a selling feature by highlighting its assets.
Here are some surefire ways to change a cramped backyard into a cozy, outdoor paradise.
Did You Know: Here's Why Buying a New Home Grows Your Wealth Faster Than Renting
There can be many downsides to both renting and buying, depending on what side of the coin you are on, but if you’re leaning towards purchasing a home it can have added benefits for your bank account that renting does not.
Home Builders Remain Confident in January
Home builders maintained December’s confidence level according to the National Association of Home Builders (NAHB) Housing Market Index for January. The latest reading of 60 mirrored December’s reading, but was two points lower than expected. Readings of more than 50 indicate that more builders were confident about housing conditions than those who were not.
What's Ahead For Mortgage Rates This Week – January 18, 2016
In addition to weekly reports on mortgage rates and new unemployment claims, last weekâs economic news included the Fedâs Beige Book report, retail sales and consumer sentiment. Januaryâs Empire State Index showed an unexpected dip and Consumer Sentiment increased for January.