Purchasing a home is a significant financial investment. However, this is only the first step. The various recurring expenses you must bear continue long after the transaction has been completed. You do not want to fall in love with a house only to discover that it is unaffordable. Therefore, you…continue reading

The Federal Funds Rate is the Federal Reserve’s most important weapon for dealing with inflation. But, this government-set interest rate also has a considerable influence over the short-term interest rates. In mid-March, the Federal Reserve announced a rise of 0.25% in the Federal Funds rate and it signaled that might…continue reading

Purchasing a home to rent it out as a holiday rental is both appealing and a potentially lucrative investment. It is also vital to keep in mind that it can be challenging and time-consuming. You will soon find yourself juggling many responsibilities, such as maintenance and repairs, which will result…continue reading

Springtime: Trees sprout, flowers bloom, and birds sing. It is time to spruce up our houses and get a jump start to the busy spring and summer seasons. For many people, spring cleaning may appear to be a challenging undertaking. However, it does not have to be so. Check out…continue reading

As the popularity of condominiums grows, some people wonder if it is better to buy a condo than to rent an apartment. Both have advantages, but they depend on the tastes of the persons who wish to move. If you are a young professional deciding to buy a property or…continue reading

A majority of people have the perfect picture of the dream home they want to buy one day. You may have distinct aesthetic preferences, but regardless of your inclination, the point is that your home should cater to both your family and your personal needs. The ability to stay within…continue reading

With the economy improving, many Americans are contemplating whether it is better to stay in their existing home longer or sell now. There are a variety of reasons for selling a property ranging from requiring more space to financial problems, to choosing the ideal neighborhood and school zones. So, do…continue reading

If you are applying for a mortgage your lender will consider several factors including your credit score, your debt-to-income ratio, and proof of income. Lenders may also require first-time homebuyers to sign a Verification of Rent (VOR) document to verify their rental history. This is usually required for persons who…continue reading

While the year began with low mortgage rates, they are now rising and are at their greatest level in almost two years. In the last week of December, a 30-year mortgage averaged around 3% APR and on February 20, 2022, it averaged 4.19% APR. This news may come as a…continue reading

With home prices rising you may be wanting to know how you could secure a higher mortgage loan. After all, you may need one if the buying price exceeds your initial estimate or if you do not have enough money for a down payment. However, obtaining a larger mortgage is…continue reading