The attic may be one of the spaces in the house that everyone prefers to avoid, but many people forget that an attic can be a great place for a bedroom or an additional living room. If you're wondering how you can go about upgrading your attic for everyday use, here are some things to think about before you move forward.
It may feel like a very daunting task to consider buying a home after you've declared bankruptcy, and there's no doubt that it's an uphill battle. Fortunately, while you'll have hard work ahead, there are things you can do in order to make your dream of home ownership a possibility. Whether you've just declared bankruptcy or some time has passed, here are some things you should consider before getting into the market.
It can be hard to stay on top of a changing real estate market from day-to-day, but it's a matter of fact that there are more available mortgage products out there than ever before for many different kinds of homebuyers. If you're wondering how you can take advantage of easier lending opportunities and strike while the iron is hot, here are some things to consider.
Arranging an open house is one of the most important parts of selling your home, but there can be a lot of tricks involved in staging it so you'll get the right offers. While the kitchen and the living room may be a bit more straightforward, here are some tips for staging your bedroom that will be sure to get buyers interested in making an offer on your home.
With low interest rates and uncertainty as to where the real estate market will be in the next six months, many people are opting into ownership and investing in a home. Interestingly, according to the National Association of Realtors, approximately 17 percent of homebuyers in the United States last year were women, which is a much higher percentage than the 7 percent of single men who invested in a home.
It's easy to get Private Mortgage Insurance (PMI) confused with homeowners' insurance, but PMI is an entirely different thing that may or may not be necessary when it comes to your home purchase. If you're going to be investing in a home in the near future and are wondering what PMI may mean for you, here are some things to consider regarding this type of insurance.
The mortgage application process can be fraught with a lot of stress on its own, but if you've experienced issues with your credit in the past it can be even more taxing. While there may be a lot of things you may not be aware of when it comes to their impact on your credit, here are some things to watch out for if you're planning on purchasing a home in the short-term future.
There are plenty of things that you'll need to shape up when you embark on selling your home, whether it's painting the house or the minor fix-ups, but it's easy to forget about some items that will be readily apparent to homebuyers. If you're preparing to put your home on the market and are wondering what you shouldn't miss, here are a few reasons why replacing your front door should be at the top of the list.
Last week's economic news included readings on construction spending, the post-meeting statement by the Fed's Open Market Committee and labor-related reports including ADP payrolls, Non-farm payrolls and the national unemployment rate. Weekly readings on new jobless claims and mortgage rates were also released.
From choosing a real estate agent to finding the right home, the process of getting a mortgage is rife with many different choices. If you're investing down the road, it's likely that you've heard about variable and fixed interest rates and are wondering about the differences between the two and how they can benefit you. While what will work best for you depends on your financial flexibility and market knowledge, here are some basics that will help you make a decision.
Many millennials are expected to enter the housing market in the next year with the interest rates still low. However, while it may be a good time, it does not necessarily mean that it's the right time for you to make the investment. If you're currently weighing your options when it comes to home ownership, here are some things to consider before you decide put the money down.
Mortgage rates fell below three percent according to Freddie Mac. The average rate for a 30-year fixed rate mortgage dropped from 4.08 percent to 3.97 percent; the average rate for a 15-year fixed rate mortgage fell by nine basis point from 3.34 percent to 3.23 percent. The average rate for a 5/1 adjustable rate mortgage was eight basis points lower at 3.10 percent. Discount points averaged 0.50 percent for fixed rate mortgages and 0.40 percent for a 5/1 adjustable rate mortgage. Lower mortgage rates are good news for home buyers challenged by rapidly rising home prices based on high demand and low supplies of homes for sale.