23 Employers Switching to Long-Term Remote Work

Happy remote worker
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This story originally appeared on FlexJobs.com.

Although the transition to working from home amid the COVID-19 pandemic was fast and furious for a lot of organizations, many companies are now figuring out that working remotely is the future of work — pandemic or not.

Keeping reading for 23 companies that have switched to long-term remote work, along with some of their recent remote opportunities that have been posted to the FlexJobs database.

1. Amazon

Amazon sign
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As the largest online retailer in the world, Amazon employs nearly 92,000 employees all over the globe and offers traditional and e-books, furniture, household items, apparel, electronics, music, movies, and more.

Remote work plans: Employees whose positions allow them to work from home can do so through June 2021.

Recent remote job openings:

  • Customer Service Associate
  • Customer Support Associate
  • Economist – Advertising Finance

2. American Express

American Express Sign on Building
JHVEPhoto / Shutterstock.com

American Express is a global provider of financial goods and services, including payment solutions, travel, and financial management for individuals and businesses.

Remote work plans: Employees can continue working from home through Labor Day 2021.

Recent remote job openings:

  • Manager – Corporate Communications – Global Supply Management
  • Business Analyst – Workforce Forecasting – Capacity Planning – Scheduling
  • Real-Time Analyst

3. Capital One

Capital One Sign
Isabelle OHara / Shutterstock.com

Capital One, one of the nation’s top 10 largest banks, provides financial services and products for consumers, commercial customers, and small businesses nationwide.

Remote work plans: Capital One plans to keep all non-essential staff working from home until Labor Day 2021.

Recent remote job openings:

  • Bilingual Collections Associate – Repo
  • Customer Solutions Specialist

4. Coinbase

Coinbase Logo
Nadezda Murmakova / Shutterstock.com

Coinbase offers cryptocurrency services designed to facilitate transactions in open-source, peer-to-peer digital currencies like bitcoin, ethereum, and litecoin.

Remote work plans: Coinbase has become a “remote-first” company, allowing most staff who want to work remotely to do so indefinitely. Once pandemic restrictions are lifted, employees who want to return to the office will be able to for some or all of their working hours.

Recent remote job openings:

  • Social Media Manager
  • Training Lead, Client Services
  • Group Product Marketing Manager, Consumer

5. Dropbox

Dropbox logo on phone
Primakov / Shutterstock.com

Dropbox helps people and companies keep files in sync, and share and collaborate on projects anytime and anywhere.

Remote work plans: Dropbox will let all employees work from home permanently. Existing office space will become Dropbox Studios, where people can choose to go in to work.

Recent remote job openings:

  • Director of Product Management, Business Platform
  • Senior Director of Product
  • Sales Compensation Analyst

6. Facebook

Facebook sign
Markus Mainka / Shutterstock.com

Founded in 2014, Facebook is the largest social media network worldwide, with more than 2.6 billion monthly active users.

Remote work plans: Facebook will allow up to 50% of their employees to work remotely forever. The rest of the company can remain remote until July 2021.

Recent remote job openings:

  • Product Designer
  • Technical Program Manager

7. Hawke Media

remote worker
fizkes / Shutterstock.com

Hawke Media offers a full range of digital marketing services. It specializes in optimizing digital media strategies to help companies work more efficiently, save money, and generate revenue.

Remote work plans: Hawke Media is now a fully remote company.

Recent remote job openings:

  • Digital Strategist
  • Vice President of Creative Operations

8. Infosys

Infosys sign
BalkansCat / Shutterstock.com

Information technology and services company Infosys offers services to clients in more than 50 countries worldwide. Infosys solutions include strategic consulting, digital transformation, insights and analytics, business services, engineering services, and finance and accounting.

Remote work plans: Infosys will allow 33% to 50% of its workforce to work from home permanently.

Recent remote job openings:

  • Underwriting Manager
  • Post Closer Process Associate

9. Lambda School

online college
Rido / Shutterstock.com

Founded in 2017 as a revolutionary alternative to traditional colleges, Lambda School trains students for high-tech careers with 100% online classes and no up-front costs.

Remote work plans: Lambda School has rolled out a permanent work-from-anywhere policy, and employees can work from anywhere in the U.S.

Recent remote job openings:

  • Data Analyst
  • Engineering Manager for Student Products
  • Marketing Analyst

10. Microsoft

rvolkan / Shutterstock.com

Microsoft is a multinational technology corporation that develops, manufactures, and markets computer software, consumer electronics, and personal computers.

Remote work plans: Employees can work from home for approximately 50% of their workweek. Managers have the option to approve full-time remote work for staff.

Recent remote job openings:

  • Senior Business Program Manager, Customer Success
  • Executive Communications Lead – Storytelling
  • Customer Engineer

11. Salesforce

Salesforce sign
Bjorn Bakstad / Money Talks News

Salesforce helps businesses of all shapes and sizes connect with customers using their customer relationship manager.

Remote work plans: Salesforce has declared the 9-to-5 workday dead and now offers three categories of flexible work for employees: Flex (only in the office one to three days per week), fully remote, and office-based (the small number of staff who need to be in-person four to five days per week).

Recent remote job openings:

  • Accessibility Content Marketing Manager
  • Account Executive, Public Sector
  • Enterprise Account Executive

12. Shopify

Shopify Company Logo
Paul McKinnon / Shutterstock.com

Shopify is an ecommerce company that provides a multichannel, cloud-based commerce platform for small and midsized companies to design, organize, and manage stores across various sales channels.

Remote work plans: All of Shopify’s 5,000 employees can work from home indefinitely.

Recent remote job openings:

  • Payroll Manager
  • Senior Legal Counsel, Product and Commercial

13. Siemens

Siemens Company Sign
nitpicker / Shutterstock.com

Started in 1847, Siemens is a global industrial electrical engineering and electronics corporation that operates nine divisions. Products include industrial controls, energy-efficient building solutions, wind turbines, medical imaging technology, and train and subway solutions.

Remote work plans: 140,000 of Siemens’ employees can permanently work from home for two to three days per week.

Recent remote job openings:

  • Senior Scientific Marketing Manager – Pharmaceutical Services
  • Software Designer, Developer – Java

14. Skillshare

Skillshare Website
Postmodern Studio / Shutterstock.com

Skillshare is an online learning community that services more than 3 million students. Classes cover areas as diverse as design, business, crafts, culinary arts, technology, and film.

Remote work plans: Skillshare is moving to permanent remote work.

Recent remote job openings:

  • Head of User Research
  • Content Program Manager
  • Director of Product, Consumer Experience

15. Slack

Slack Company Sign
Sundry Photography / Shutterstock.com

Slack offers real-time messaging, archiving, and search services designed to facilitate team communication so users can quickly and efficiently stream communication and documents to share with colleagues.

Remote work plans: Most Slack employees can work from home permanently, and Slack is committing to hiring more permanently remote employees.

Recent remote job openings:

  • Senior Product Manager, Conversations, Search and Channels
  • Senior Product Manager, Monetization
  • Group Product Manager, Productivity

16. Spotify

Spotify phone earbuds
Primakov / Shutterstock.com

A Swedish company, Spotify provides music, comedy, podcast, and streaming services. Users can play music directly from the cloud, instead of downloading it to their device, and have access to more than 30 million tracks.

Remote work plans: Spotify recently announced that employees can choose to work in the office, remotely, or in a company-paid coworking space.

Recent remote job openings:

  • Backend Engineer

17. Square

Square Company Sign
Sundry Photography / Shutterstock.com

Square began as a small credit card-reading application and now provides merchants with the ability to manage point-of-sale systems, accept credit card payments, and sell online.

Remote work plans: Even when offices begin to open, Square employees will be able to work from home permanently.

Recent remote job openings:

  • Editor, Editorial Strategist, Management
  • Senior Technical Accounting Manager
  • Technical Writer

18. Starbucks

Sergey Kohl / Shutterstock.com

A global coffee brand, Starbucks aims to provide an inspiring and nurturing environment in each establishment.

Remote work plans: Starbucks has extended its remote work plan until October 2021.

Recent remote job openings:

  • Director, Policy and Practice – Inclusion and Diversity
  • Senior Information Security Engineer – Identity and Access Management

19. Target

Target
Jonathan Weiss / Shutterstock.com

Target is the nation’s second-largest discount store retailer and operates over 1,800 stores in 47 states.

Remote work plans: Employees in the Minnesota headquarters can continue working remotely until June 2021, with plans for a long-term hybrid model.

Recent remote job openings:

  • Lead Data Analyst, Talent Analytics
  • Senior Data Analyst, Talent Analytics

20. Twitter

Twitter building
Michael Vi / Shutterstock.com

Twitter is an online social networking and news service that allows people to post messages and interact with others instantly around the world using short messages.

Remote work plans: Employees at Twitter will be able to work from home indefinitely, going into the office if and when they choose.

Recent remote job openings:

  • Senior – Staff Researcher – Creator Experience
  • Conversation Lead
  • Senior Researcher – Media Experience

21. Upwork

Upwork Logo
Sundry Photography / Shutterstock.com

Upwork is the world’s largest freelance marketplace offering 2,500 skill categories, with 10 million registered freelancers and 4 million registered client companies.

Remote work plans: Upwork is permanently adopting a remote-first model, with remote work being the default for all employees.

Recent remote job openings:

  • Senior Product Designer
  • Senior Content Designer
  • Directory, Diversity Change Management

22. VMware

Michael Vi / Shutterstock.com

A subsidiary of Dell, VMware specializes in cloud and virtualization software and services. Its products and services include data center and cloud infrastructure, networking and security, storage and availability, cloud management, and more.

Remote work plans: VMware is offering permanent, remote work to all employees.

Recent remote job openings:

  • Senior Open Source Community Manager
  • Senior Product Manager
  • Senior Customer Service Engineer, Tanzu Observability

23. Zipwhip

Male computer programmer or software developer
antoniodiaz / Shutterstock.com

Zipwhip is a Software-as-a-Service (SaaS) company that provides software to text-enabled phone numbers by adding texting to existing landlines, toll-free phone numbers, and VoIP.

Remote work plans: Zipwhip has extended its work-from-home policy for all employees through July 2021.

Recent remote job openings:

  • Senior Software Engineer – Android
  • Senior Software Engineer – Mobile and Services

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

Source: moneytalksnews.com

Capital One Walmart Rewards Credit Card – Review

Advertiser Disclosure: This post includes references to offers from our partners. We receive compensation when you click on links to those products. However, the opinions expressed here are ours alone and at no time has the editorial content been provided, reviewed, or approved by any issuer.

Learn more about this card and find out how you can apply here.

The Capital One® Walmart Rewards™ Card, also known as the Capital One Walmart Rewards Mastercard, is a cash-back credit card with no annual fee. It’s designed for regular Walmart shoppers, especially those who frequent Walmart.com, and backed by one of the most popular credit card issuers around (Capital One).

Purchases at Walmart.com and the Walmart app, including groceries and sales marked for in-store pickup, earn unlimited 5% cash back. You earn unlimited 2% back for purchases made inside Walmart stores, at eligible restaurants and travel merchants, and at Walmart and Murphy USA gas stations — making this a solid contender for one of the best gas credit cards as well. All other purchases, including purchases at Sam’s Club locations and SamsClub.com, earn unlimited 1% cash back.

Beyond the rewards program, this card’s benefits are nothing to write home about, and the interest rates are on the high side. But the underwriting requirements are relatively loose, so this is an ideal first credit card for Walmart enthusiasts looking to build or improve their credit. With no annual fee and a rewards program that’s quite generous for Walmart and Murphy USA shoppers, the Walmart Rewards Card is worth keeping in your wallet.

Here’s how to get the most out of this card.

Key Features

These are the most important features and perks of this popular retailer credit card.

Sign-Up Bonus

For a limited time, get $50 when you spend $300 in purchases in the first 3 months. Plus, earn an additional 3% back when you use Walmart Pay for purchases made at Walmart stores for the first 12 months from account opening, for a total of 5% cash back on in-store Walmart purchases during the first 12 months.

Earning & Redeeming Cash-Back Rewards

The Walmart Rewards Card has a three-tiered cash-back program:

  • Online purchases made at Walmart.com and through the Walmart app, including grocery pickup purchases and other purchases marked for in-store pickup at any physical Walmart location, earn unlimited 5% cash back (rewards rate).
  • Purchases made at Walmart and Murphy USA gas stations (fuel stations), inside Walmart stores (store purchases completed at checkout), and with eligible restaurant and travel merchants earn unlimited 2% cash back.
  • All other purchases, including those made at Sam’s Club locations, earn unlimited 1% cash back.

Cash back is automatically delivered at the end of the billing cycle and does not expire as long as your account remains open and in good standing. Your best redemption option is to redeem accumulated cash back for statement credits against eligible purchases made during the prior 90-day period.

Possibility of Promotional Interest-Free Period

The Walmart Rewards Card does not advertise a continuous introductory interest-free or low APR purchase or balance transfer promotion. However, its terms do include mention of special promotional periods that can eliminate interest charges for as long as 24 months at a stretch.

The interest-free period may apply to specific purchases or any purchases made while the promotion is active, depending on the terms of the promotion and Walmart’s discretion. It doesn’t necessarily apply only at sign-up, making it more versatile than standard introductory interest-free promotions.

Important Fees

This card has no annual fee or foreign transaction fee.

Credit Required

This card requires an average or better credit score. Although serious credit blemishes such as recent personal bankruptcies are likely to disqualify your application, more minor issues may not. It’s therefore an ideal credit card for consumers in the process of mending their credit.

Advantages

These are the most important advantages of the Capital One Walmart Rewards Mastercard.

  1. No Annual Fee. The Walmart Rewards Card doesn’t charge an annual fee. This is great news for frugal cardholders and occasional Walmart shoppers who want to keep this card in their wallets without paying for the privilege.
  2. 5% Cash Back at Walmart.com. Frequent Walmart.com shoppers will love this card’s unlimited 5% cash back on the retail giant’s website. The same rate applies to grocery purchases and purchases marked for in-store pickup, so it’s perfect for bulky or heavy items for which shipping is costly or impractical.
  3. Potential for a Long Introductory APR Period. Although it doesn’t have a regular interest-free or low APR introductory promotion, this card does have periodic promotions that eliminate interest across the board or on specific purchases for as long as 24 months at a time. That’s great news for cardholders planning big-ticket purchases that they can’t afford to pay off right away.
  4. Loose Underwriting Requirements. This card is available to applicants with average or better credit. Although your approval is never guaranteed, you stand a better chance of making it through the application process with this card than with better-known cash-back cards that require excellent credit.
  5. Bonus Cash Back on Restaurant and Travel Purchases. This card earns 2% cash back on restaurant and travel purchases, making it a solid companion for diners and travelers without more generous travel rewards credit cards in their wallets.
  6. No Penalty APR. The Walmart Rewards Card doesn’t charge penalty interest on past-due payments. If you occasionally miss your statement due date due to irregular cash flow or unexpected expenses, you don’t have to worry about getting locked into a sky-high rate indefinitely.

Disadvantages

Consider these drawbacks before applying for a Capital One Walmart Rewards Mastercard.

  1. Only 90 Days to Redeem Cash Back for Account Credits. When redeeming cash back for account credits, you’re only allowed to offset purchases going back 90 days. If you haven’t used your card for longer than that, you’ll need to make a purchase just to redeem your cash back.
  2. No Bonus Cash Back on Purchases Made at Sam’s Club Stores. This card earns just 1% cash back on purchases made at physical Sam’s Club stores. If you prefer to shop in person at the country’s second most popular warehouse store, you won’t get any more out of this card than any other standard-issue cash-back credit card — and possibly less. Several higher-earning cards such as the Capital One Quicksilver Cash Rewards Credit Card offer unlimited 1.5% cash back on all eligible purchases.

Final Word

The Capital One® Walmart Rewards™ Card is a great entry-level cash back credit card for regular Walmart shoppers and drivers who encounter Walmart and Murphy USA stations in their daily travels.

Despite its relatively loose underwriting standards, the Walmart Rewards Card isn’t for everyone. If you don’t qualify for this card, look instead to the Walmart Credit Card, a store credit card with a similar rewards scheme.

The Walmart Credit Card isn’t backed by Mastercard or any other credit card payment network, so you can’t use it at merchants other than Walmart, but it’s nevertheless a great rewards-bearing vehicle for folks looking to build credit. And, considering you can buy pretty much anything at Walmart or Walmart.com, it’s versatile enough.

Source: moneycrashers.com

You Should Never Buy These 12 Things New

Man with guitar
Luis Molinero / Shutterstock.com

Some things really are better the second time around.

In fact, many used items can be every bit as good as those purchased new. Plus, buying used almost always saves you cash.

So, without further ado, following is our list of the top things you should never buy new.

1. Timeshares

pbk-pg / Shutterstock.com

Don’t ever pay full price for a timeshare. Some people are practically giving them away because they’re so desperate to get out from under the annual fees.

As Money Talks News founder Stacy Johnson puts it in “Ask Stacy: How Can I Sell My Timeshare?“:

“I’d chop off my own foot with a dull ax before buying a timeshare, especially a new one from a developer.”

2. Basic tools

javitrapero.com / Shutterstock.com

If you are handy, you need a good set of tools. Buying tools used typically will save you money, and you might even end up with something that is better crafted than what you would find new today.

In fact, Money Talks News’ resident thrifting expert Kentin Waits cites tools in both “8 Things I Always Buy at Thrift Stores” and “7 Things You Should Buy at Estate Sales.”

If you aren’t handy, you might be able to check out tools from your local library when you do need them.

3. Cars

Driver with thumbs up
pathdoc / Shutterstock.com

We’ve talked about it time and time again: The value of a new car drops like a rock as soon as you drive it off the lot.

Rather than finding yourself upside-down on your car loan five minutes after signing the paperwork, look for a quality used car that has already taken the huge depreciation hit.

4. Books

TORWAISTUDIO / Shutterstock.com

We could take this category one step further and say you shouldn’t buy books at all. Many of us live near a public library system that can meet most of our reading needs.

However, we won’t go quite to that extreme. I personally enjoy having a well-stocked home library. I also realize that some books, such as college textbooks, have to be purchased. But that doesn’t mean you have to pay full price.

Check out “11 Places to Find Free E-Books,” or head to Amazon to find cheap used books, which are often as good as new.

5. Big toys like boats, motorcycles and RVs

Boating
freevideophotoagency / Shutterstock.com

That advice about buying a used car can apply to any type of vehicle.

Virtually anything with an engine — from off-road vehicles to yachts — will depreciate over time. So, in most cases, you’ll get more bang for your buck by purchasing used.

New boats, for example, depreciate quickly. So, even if you buy a vessel that’s just 1 year old, you stand to save a boatload.

6. Houses

sirtravelalot / Shutterstock.com

Your house is another big-ticket item that is better to buy used rather than new. Not only can you save money, but older homes also may have better “bones” than some new construction.

If you love the idea of new construction, remember that an existing home doesn’t necessarily have to be 50 years old. If you want an energy-efficient home with new amenities, you can probably find it at a lower price if you’re willing to be owner No. 2 or No. 3.

7. Movies and CDs

Monkey Business Images / Shutterstock.com

Many of the same places that sell used books also sell used DVDs, Blu-ray Discs and CDs. No need to spend money for a new disc when you can get a used one for less money online, at a garage sale or in the thrift shop.

Of course, there’s also your public library, where movies and music are free for the (temporary) taking and cheap when the library holds a sale.

8. Sports gear

Africa Studio / Shutterstock.com

Raise your hand if your kids have ever started a sport and quit after one season. I’m right there with you.

Instead of spending tons for new equipment, go to a specialty store like Play It Again Sports and buy used items. You can also scour garage sales, thrift stores and Craigslist for bargain finds.

Don’t forget to look for fitness equipment for yourself, too. Buying new weights and kettlebells, for example, doesn’t make sense if you can get used ones for a fraction of the price.

9. Musical instruments

Africa Studio / Shutterstock.com

Musical instruments are another parental purchase that could be money down the drain.

To avoid purchasing something overpriced or broken when buying used, consider spending a few dollars to have it appraised by a local music store. Or, better yet, buy a used item directly from a shop.

Renting an instrument is another option. However, keep in mind that renting a clarinet for three years could end up costing you more than if you purchased a used one in the first place.

10. Jewelry

Jasmin Awad / Shutterstock.com

Jewelry is also better bought used than new. Before buying off Craigslist or from a private seller, however, be sure to get an appraisal, particularly if a significant amount of money is involved.

You can also find quality used baubles by shopping for estate jewelry from jewelers or reputable pawn shops.

11. Gift cards

Gift cards
Iryna Tiumentseva / Shutterstock.com

Here’s one you probably haven’t thought about. Some people receive a gift card to a retailer they don’t like. Others use a portion of a gift card, but have no reason or desire to spend down the remaining balance.

You can find unwanted gift cards by going to a site like Raise. Buying “used” gift cards in this fashion can save you a bundle, as we detail in “How Unwanted Gift Cards Save Me Hundreds of Dollars a Year.”

12. Pets

Inna Astakhova / Shutterstock.com

Some of you might disagree, but there really is no reason to spend a lot of money on a brand-new pet from a breeder when plenty of preloved (or not so loved) animals need homes.

My local animal shelter and Humane Society regularly have free or almost-free adoption days, during which you can bring home everything from dogs and cats to bunnies and birds. Your local shelter might offer the same.

Unless you’re planning to show your pet, spending hundreds or even thousands on a purebred animal is probably not money well-spent. The $50 puppy from the pound is just as likely to smother you with wet kisses and stare at you with unbridled adoration.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

Source: moneytalksnews.com

Mortgage and refinance rates today, February 26, 2021

Today’s mortgage and refinance rates 

Average mortgage rates soared yesterday, rising by a greater amount than we’ve seen in a long time. Of course, they’re still very low in a historical context.

Markets often correct themselves after sharp movements such as yesterday’s. And I’m expecting that mortgage rates may fall today but probably modestly. However, during such volatile times, markets can shift direction quickly and they certainly read as jittery at the moment.

Find and lock a low rate (Feb 26th, 2021)

Current mortgage and refinance rates 

Program Mortgage Rate APR* Change
Conventional 30 year fixed 3.058% 3.061% +0.08%
Conventional 15 year fixed 2.488% 2.497% Unchanged
Conventional 20 year fixed 2.983% 2.99% +0.09%
Conventional 10 year fixed 2.567% 2.587% +0.01%
30 year fixed FHA 2.816% 3.495% +0.06%
15 year fixed FHA 2.517% 3.1% Unchanged
5 year ARM FHA 2.5% 3.213% +0.01%
30 year fixed VA 2.375% 2.547% Unchanged
15 year fixed VA 2.25% 2.571% Unchanged
5 year ARM VA 2.5% 2.392% +0.01%
Rates are provided by our partner network, and may not reflect the market. Your rate might be different. Click here for a personalized rate quote. See our rate assumptions here.

Find and lock a low rate (Feb 26th, 2021)


COVID-19 mortgage updates: Mortgage lenders are changing rates and rules due to COVID-19. To see the latest on how coronavirus could impact your home loan, click here.

Should you lock a mortgage rate today?

Overnight, CNBC summed up what happened yesterday:

The yield on the U.S. 10-year Treasury note [which mortgage rates often shadow] briefly surpassed 1.6% on Thursday, its highest in over a year, fueled by expectations for higher economic growth and inflation.

We’ve been highlighting the same two factors for some time now. And they haven’t gone away.

So my personal rate lock recommendations remain:

  • LOCK if closing in 7 days
  • LOCK if closing in 15 days
  • LOCK if closing in 30 days
  • LOCK if closing in 45 days
  • LOCK if closing in 60 days

But, with so much uncertainty at the moment, your instincts could easily turn out to be as good as mine — or better. So be guided by your gut and your personal tolerance for risk.

Compare top lenders

Market data affecting today’s mortgage rates 

Here’s a snapshot of the state of play this morning at about 9:50 a.m. (ET). The data, compared with roughly the same time yesterday, were:

  • The yield on 10-year Treasurys edged up to 1.48% from 1.45%. (Normally, bad for mortgage rates. But yesterday’s rise was reflected in yesterday’s rates and yields are now falling.) More than any other market, mortgage rates normally tend to follow these particular Treasury bond yields, though less so recently
  • Major stock indexes were mixed on opening. (Neutral for mortgage rates.) When investors are buying shares they’re often selling bonds, which pushes prices of those down and increases yields and mortgage rates. The opposite happens when indexes are lower
  • Oil prices fell to $62.54 from $63.02 a barrel. (Good for mortgage rates* because energy prices play a large role in creating inflation and also point to future economic activity.) 
  • Gold prices fell to $1,756 from $1,785 an ounce. (Bad for mortgage rates*.) In general, it’s better for rates when gold rises, and worse when gold falls. Gold tends to rise when investors worry about the economy. And worried investors tend to push rates lower
  • CNN Business Fear & Greed index — Fell to 59 from 69 out of 100. (Good for mortgage rates.) “Greedy” investors push bond prices down (and interest rates up) as they leave the bond market and move into stocks, while “fearful” investors do the opposite. So lower readings are better than higher ones

*A change of less than $20 on gold prices or 40 cents on oil ones is a fraction of 1%. So we only count meaningful differences as good or bad for mortgage rates.

Caveats about markets and rates

Before the pandemic and the Federal Reserve’s interventions in the mortgage market, you could look at the above figures and make a pretty good guess about what would happen to mortgage rates that day. But that’s no longer the case. The Fed is now a huge player and some days can overwhelm investor sentiment.

So use markets only as a rough guide. Because they have to be exceptionally strong (rates are likely to rise) or weak (they could fall) to rely on them. But, with that caveat, so far mortgage rates today look likely to dip a little or hold steady.

Find and lock a low rate (Feb 26th, 2021)

Important notes on today’s mortgage rates

Here are some things you need to know:

  1. The Fed’s ongoing interventions in the mortgage market (way over $1 trillion) should put continuing downward pressure on these rates. But it can’t work miracles all the time. And read “For once, the Fed DOES affect mortgage rates. Here’s why” if you want to understand this aspect of what’s happening
  2. Typically, mortgage rates go up when the economy’s doing well and down when it’s in trouble. But there are exceptions. Read How mortgage rates are determined and why you should care
  3. Only “top-tier” borrowers (with stellar credit scores, big down payments and very healthy finances) get the ultralow mortgage rates you’ll see advertised
  4. Lenders vary. Yours may or may not follow the crowd when it comes to daily rate movements — though they all usually follow the wider trend over time
  5. When rate changes are small, some lenders will adjust closing costs and leave their rate cards the same
  6. Refinance rates are typically close to those for purchases. But some types of refinances are higher following a regulatory change

So there’s a lot going on here. And nobody can claim to know with certainty what’s going to happen to mortgage rates in coming hours, days, weeks or months.

Are mortgage and refinance rates rising or falling?

Today and soon

I’m expecting mortgage rates today to edge lower or remain unchanged. But, as always, that could change as the day progresses. Indeed, such intraday swings have become an irritating feature of markets. And they’re especially likely at times like this when investors are so skittish.

Nothing’s changed. And, if there is a fall in mortgage rates today, it will likely be markets correcting themselves after too sharp a rise yesterday. This is a common phenomenon after exceptional volatility.

So don’t think such a fall means the pressures that have recently been pushing those rates higher have suddenly evaporated. It seems to me highly improbable that we’ll see those falling back to record-low levels anytime soon.

Indeed, more rises seem more likely for the time being, absent some sudden and very bad economic news.

For more background on my wider thinking, read our latest weekend edition, which is published every Saturday soon after 10 a.m. (ET).

Recently

Over much of 2020, the overall trend for mortgage rates was clearly downward. And a new, weekly all-time low was set on 16 occasions last year, according to Freddie Mac.

The most recent weekly record low occurred on Jan. 7, when it stood at 2.65% for 30-year fixed-rate mortgages. But rates then rose. And Freddie’s Feb. 25 report puts that weekly average at 2.97%, up from the previous week’s 2.81%, and the highest it’s been since mid-2020.

Expert mortgage rate forecasts

Looking further ahead, Fannie Mae, Freddie Mac and the Mortgage Bankers Association (MBA) each has a team of economists dedicated to monitoring and forecasting what will happen to the economy, the housing sector and mortgage rates.

And here are their current rates forecasts for each quarter of 2021 (Q1/21, Q2/21, Q3/21 and Q4/21).

The numbers in the table below are for 30-year, fixed-rate mortgages. Fannie’s and the MBA’s were updated on Feb. 18 and 19 respectively. But Freddie now publishes forecasts quarterly and its figures are from mid-January:

Forecaster Q1/21 Q2/21 Q3/21 Q4/21
Fannie Mae 2.8% 2.8% 2.9% 2.9%
Freddie Mac 2.9% 2.9% 3.0% 3.0%
MBA 2.8% 3.1% 3.3% 3.4%

However, given so many unknowables, the current crop of forecasts may be even more speculative than usual. And there’s certainly a widening spread as the year progresses.

Find your lowest rate today

Some lenders have been spooked by the pandemic. And they’re restricting their offerings to just the most vanilla-flavored mortgages and refinances.

But others remain brave. And you can still probably find the cash-out refinance, investment mortgage or jumbo loan you want. You just have to shop around more widely.

But, of course, you should be comparison shopping widely, no matter what sort of mortgage you want. As federal regulator the Consumer Financial Protection Bureau says:

Shopping around for your mortgage has the potential to lead to real savings. It may not sound like much, but saving even a quarter of a point in interest on your mortgage saves you thousands of dollars over the life of your loan.

Verify your new rate (Feb 26th, 2021)

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Mortgage rate methodology

The Mortgage Reports receives rates based on selected criteria from multiple lending partners each day. We arrive at an average rate and APR for each loan type to display in our chart. Because we average an array of rates, it gives you a better idea of what you might find in the marketplace. Furthermore, we average rates for the same loan types. For example, FHA fixed with FHA fixed. The end result is a good snapshot of daily rates and how they change over time.

Source: themortgagereports.com

Women pay higher mortgage rates in 49 states

In Mississippi, single women on average paid 3.47% on a 30-year, conventional fixed-rate mortgage in 2019. But single men on average paid 3.37%, according to the latest HMDA data available. Over the lifespan of the mortgage, the single woman in this instance will have roughly $7,000 more in mortgage payments than the single man.

Patrick Boyaggi, CEO and founder of Massachusetts-based lending startup OwnUp, says this issue hasn’t drawn enough attention in the mortgage space. His analysis of HMDA data found that women paid higher mortgage rates than men in 49 out of 50 states, the lone exception being Alaska (the analysis assumes that the loan size averaged $345,000 and the prime rate was 3.00%).

“The latest HMDA data makes it startlingly clear – women are largely being left out of the conversation,” Boyaggi said. “Recent HMDA data confirms that discrimination in the home-financing process is very real.
The main reason? Many female borrowers simply fail to shop around for the best possible rate, which translates into losing thousands of dollars over the total life of their loan.”

Boyaggi admits his analysis is not exactly revelatory – it’s been well documented that women pay higher mortgage rates, and the reasons for it are many and complex.

He said he didn’t intend to undertake a sociological study to determine all of the reasons women pay more. It’s more important to acknowledge there’s a problem and take action, he said.


Should lenders look to non-QM when the refi boom slows?

HousingWire recently sat down with Tom Hutchens, Angel Oak EVP of production, who shared how non-QM lending could be an effective way for lenders to replace lost business in the event of a refi boom slowdown.

Presented by: Angel Oak

“I am not certain everybody is aware of it or believes it’s a real issue,” Boyaggi said. “We believe it is a systemic-wide problem…women are not being treated fairly…For us, it’s really about it not being 50-50. And therefore, it’s a systemic problem. Let’s bring that to light first and let’s start worrying about the solutions versus trying to nitpick as to why it is an issue. It is an issue. We know it’s an issue. How do we make it better, versus trying to justify it or come up with some kind of rationale for it.”

According to Boyaggi’s analysis of HMDA data, the five states where women overpay most on a mortgage were Mississippi (delta of $7,077 over the course of the mortgage), Alabama (delta of $6,006), Ohio (delta of $5,856), Florida (delta of $5,591) and New Jersey (delta of $5,515).

Single women typically paid between 8 and 10 basis points higher on a mortgage. In Alaska, single women paid an average of 3.21% while single men paid 3.23%, Boyaggi found. The four other best states for women applying for mortgages were Maine, Wyoming, Montana and Oregon. Single women paid between 1 and 3 basis points more on mortgage rates in those states than single men.

An Urban Institute study from 2016 found that single women were better at paying their mortgages than single men, even though they paid higher rates. The study also found that single borrowers, particularly women, are more likely to be minorities, from lower-income areas, and they are more likely to have a mortgage that eats up a higher percentage of their income.

“One possible explanation is that women, particularly minority women, experience higher rates of subprime lending than their male peers,” the UI study said. “Another explanation is that women tend to have weaker credit profiles. We find that both these explanations are true and largely account for the higher rates.”

Though subprime lending has declined since the study’s publication, mortgage underwriting standards in general are much tougher since the financial crisis, and aren’t particularly flexible.

“There is somewhat of a plain vanilla, one-size-fits-all mortgage underwriting standard, and that’s not very good at accommodating minority borrowers in general, or anybody with any sort of a non-typical, non-generic credit profile,” Guy Cecala, CEO of Inside Mortgage Finance, told Wharton Business Radio in 2016. “Minority buyers in general are getting fewer mortgages than they did before. The good news is that they’re not getting subprime loans, because the subprime market has dried up completely, but they’re not getting mortgages at all in many cases.”

Asked if there could be a potential level of bias against women borrowers, Cecala said in the same interview, “I think there can be. The mortgage market prides itself on being color blind, and essentially using a black box, but any sort of black box basically discriminates against single borrowers, lower-income borrowers and borrowers with lower credit scores. If those happen to be predominantly women, you have to assume that they are getting that kind of treatment from the mortgage market.”

Boyaggi, whose firm Own Up helps consumers shop for mortgages and negotiates prices on their behalf, said more awareness simply needs to be raised.

“There’s a lot of things that happen in this industry where if you just looked at it you’d be like, ‘Oh 10 basis points, .010%. What are we talking about?’” he said. “But if you were to say, ‘Hey, this gas station charges women 10 cents more than men,’ we would be in an uproar. There would be stories about it everywhere, right? People would vilify that gas station, and rightly so.”

Source: housingwire.com

We Really Dig This Adorable and Affordable Hobbit House in Wisconsin

For anyone driving around an established neighborhood of traditional homes in Madison, WI, one residence on Stevens Street stands out. Or doesn’t stand out.

“It’s an earth-sheltered home. Not necessarily built into the ground, but it’s earth-covered on the roof and on a couple of sides,” explains the listing agent, Jennifer Rios. “It’s in a kind of older neighborhood, with typical midcentury homes and older.”

She says she doesn’t believe any comparable earth-covered home can be found within at least a 10-mile radius.

The style has proved popular with buyers. The home was listed for $329,900, and multiple offers above the listing price came in after just a few days on the market.

“We went into it not really knowing what to expect with the uniqueness of the home,” Rios explains. “I laid out two scenarios: In this market, we’ll either see a very quick turnaround, or we may sit awhile. We tested it and had the best outcome possible.”

Exterior of home in Madison, WI
Exterior of home in Madison, WI

VRX Media Group

Exterior
Exterior

VRX Media Group

Exterior
Exterior

VRX Media Group

Exterior
Exterior

VRX Media Group

Interior
Interior

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Bedroom
Bedroom

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Bathroom
Bathroom

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The home has two bedrooms, 1.5 bathrooms, plenty of living space, and is surprisingly bright.

“It has full exposure on the back side, so there’s lots of nice natural light,” Rios says. “Because of its earth-covered roof and partially on the sides, it’s very temperate inside. The earth provides a really nice installation and flow of air.”

Which adds up to lower electricity bills—a boon in this part of the country.

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Watch: Idaho Home Perched on a Lake Is a Storybook Fantasy Come to Life

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Living space
Living space

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Kitchen
Kitchen

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Porch
Porch

VRX Media Group

Built in 1980, the home has only had two owners in the past 41 years, and the current owner has lived there for 26 years.

Rios says she feels a perfect buyer would be somebody who is environmentally conscious and appreciates the uniqueness of an earth home, and who also likes being able to walk or bike around the city.

She grew up in the neighborhood and knows this distinctive dwelling quite well.

“I would ride my bike by, and wonder who in the world lives there,” she says.

Now that Rios has been inside and scoped out the place, she says that looks are deceiving.

“When you walk in, you kind of feel like you’re entering a hobbit house,” she says. “It’s really surprising when you open the front door, and it’s an abundance of natural light. It feels like a very traditional home for the most part, except for the curved roof line.”

The curve is an interesting flourish.

“It creates such a nice sort of vaulted ceiling effect, but it’s kind of open and airy, which is what a lot of people like nowadays,” Rios adds.

Living space
Living space

VRX Media Group

Inside, the house doesn’t need require any more maintenance than any other 40-year-old home, but Rios points out that the roof does need attention and upkeep—at least after the snow melts.

“You can let it go and become real grassy, or you can mow it,” she says. “The sellers have just gone up there with a weed whacker a couple of times a year.”

Living space
Living space

VRX Media Group

Bathroom
Bathroom

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Living space
Living space

VRX Media Group

Exterior
Exterior

VRX Media Group

Wine nook
Wine nook

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Aerial view
Aerial view

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Interior

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Porch

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Bathroom
Bathroom

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  • For more photos and details, check out the full listing.
  • Homes for sale in Madison, WI
  • Learn more about Madison, WI

Source: realtor.com

Actor Walton Goggins Puts His Glamorous Hollywood Hills House on the Market

The actor Walton Goggins, currently starring in the sitcom “The Unicorn,” has put his unique Hollywood Hills home on the market for $3.35 million.

The five-bedroom, three-bathroom home is extraordinary in a number of ways. Chief among them is the fact that it was designed and built by Harold Ogden Sexsmith in 1927, and has only traded hands three times since.

Goggins purchased the place in 2010 for $1,555,000, and has done an admirable job of updating and restoring the property since then, while being careful to preserve its old Hollywood charm. The home is said to resemble the look of the nearby Chateau Marmont.

Among the meticulously restored features are the original coffered front door, hardwood and tile floors, an original wood-burning fireplace, arched openings leading from room to room, and classic casement windows.

Hollywood Hills home
Hollywood Hills home

realtor.com

Living room
Living room

realtor.com

Arched passageways and casement windows
Arched passageways and casement windows

realtor.com

With many original lighting fixtures hanging graciously from wood-beamed ceilings, the 3,240-square-foot home exudes a classic yet comfortable, well-lived-in vibe. Built-in bookcases in many rooms, even the kitchen, provide character.

Breakfast nook
Breakfast nook

realtor.com

The kitchen also features a cozy breakfast nook, top-of-the-line stainless-steel appliances, and is attached to a butler’s pantry/laundry room with a charming Dutch door leading to the side yard.

Vintage kitchen with modern appliances
Vintage kitchen with modern appliances

realtor.com

Every one of the bedrooms, one en suite guest room downstairs and four others upstairs, feature the beautiful and classic casement windows.

Guest room
Guest room

realtor.com

Bedroom
Bedroom

realtor.com

The main suite features a pristine bath and a large walk-in closet. Another bedroom located upstairs is currently being used as a spacious office, with more built-ins. The listing photos show that it was well-used by Goggins.

Main bedroom
Main bedroom

realtor.com

Office
Office

realtor.com

The outdoor areas on the private and gated large lot also have a natural, vintage feel, and have been masterfully tended. There are two outdoor dining areas, a fire pit/lounge, mature fruit trees that yield a generous harvest every year, and a lovely pool, lit with strings of overhead lights.

Porch with built-in seating
Porch with built-in seating

realtor.com

Outdoor dining area
Outdoor dining area

realtor.com

Pool
Pool

realtor.com

Goggins, 49, is one of the busiest men in Hollywood, currently starring in not one but two comedy series, the aforementioned “The Unicorn” and “The Righteous Gemstones.” Prior to that, he’s had leads in TV series including “The Shield,” “Justified,” “Vice Principals,” and “Six.” He has also appeared in such films as “Cowboys and Aliens,” “Django Unchained,” “The Hateful Eight,” and “Ant-Man and the Wasp.”

Josh Myler of The Agency has the listing.

Source: realtor.com

‘The Shield’ Actor Walton Goggins Lists His Quaint 1920s Home for Sale

Walton Goggins is selling his Los Angeles home, a lovely 5-bedroom home tucked behind dense landscaping just above Hollywood Boulevard. The actor, known for his prominent roles in The Shield, Sons of Anarchy, Justified or Django Unchained and now the star of CBS’s heartwarming sitcom The Unicorn, bought the home back in 2010, when he was getting ready to welcome his son Augustus, now 10.

The two-story brick home has both French and Spanish touches as well as beautiful, eclectic interiors that combine vintage décor and boho chic influences with modern elements. The results are so spectacular that the home caught the eye of over 20 publications, with Architectural Digest, Maison Du Monde or GQ all featuring it in the past. Now, Goggins is looking to sell the charming home for $3.35 million and has enlisted the help of Josh Myler of The Agency to find a buyer.

Inside Walton Goggins’ quaint Los Angeles home, now on the market for $3.35 million. Image credit: Anthony Barcelo

Stylish vintage interiors pay tribute to the roaring 20s

Originally designed and built by Harold O. Sexsmith in 1927, Goggins’ home retains many of its original features. From the original coffered front door to the hardwood floors, or the arched openings to the casement windows, every detail has been meticulously restored, maintaining the original charm, warmth, and essence of the 1920s.

The foyer that welcomes visitors is accentuated by original period tile floors. To the left, there’s a stylish and sophisticated formal living room, whose surrounding windows and overall scale allow light in from every side. The most striking elements in this room are an oversized, original stone wood-burning fireplace and floor-to-ceiling bookshelves that line one of the walls.

The foyer leads into the formal living room, which has its original stone wood-burning fireplace. Image credit: Anthony Barcelo

The living room opens to indoor/outdoor dualling lounges, which are connected by French doors and offer privacy for more intimate gatherings. In fact, the whole house is filled with comfy gathering places, both indoors and out.

 “My philosophy is a person shouldn’t have to take more than six or eight steps without having an opportunity to sit down for a conversation to begin,” the actor once told a GQ reporter that toured his home.

The expansive living room has two separate seating areas. Image credit: Anthony Barcelo
One wall of the living room is covered in floor-to-ceiling bookshelves. Image credit: Anthony Barcelo

A wonderfully elegant kitchen

The main floor is completed by a fully equipped eat-in chef’s kitchen with wood and marble open shelving, punctuated by elegant brass fixtures that complement the rich, dark wood cabinets. The actor’s kitchen features a lovely dining area that, just like the living room, is surrounded by top-to-bottom bookshelves that complete the inviting, bohemian look. Next to the kitchen, there’s also a large pantry with accompanying laundry facilities.

The elegant kitchen has rich, dark wood cabinets, marble counters and brass fixtures. Image credit: Anthony Barcelo
The actor’s kitchen features a lovely dining area surrounded by top-to-bottom bookshelves. Image credit: Anthony Barcelo

The bedrooms are bright and inviting

On the main level, there’s also a guest bedroom with a full en-suite bathroom. But the bulk of the sleeping quarters are on the second level, where there’s a primary suite (boasting a chic bathroom and large walk-in closet) and two additional guest bedrooms and a bathroom.

Main floor guest bedroom with a full en-suite bathroom. Image credit: Anthony Barcelo
Bright and spacious master bedroom with vintage elements. Image credit: Anthony Barcelo

Walton Goggins’ retro home office

One of the most eye-grabbing rooms of this celebrity house is the home office, with its distinctive retro style and vintage furniture. With big windows inviting plenty of natural light in, the actor’s office also has a comfy seating area and a wall made entirely out of corkboard, perfect for memorabilia or for staying organized with work files and charts.

The home office has a distinctive retro style and comfortable seating. Image credit: Anthony Barcelo
There’s vintage furniture and a practical corkboard wall. Image credit: Anthony Barcelo

Stepping outside to a whimsical backyard

In line with the overall romantic feel of the European-inspired home, the outdoor area is whimsical and inviting, with a large swimming pool that is framed by citrus fruit trees and string lights. Since the actor finds gathering spaces to be of utmost importance, the quiet, private backyard features two outdoor dining areas, and extra seating set around a fire pit.

Walton Goggins’ house has a whimsical backyard with two outdoor dining areas, a pool, and a fire pit. Image credit: Anthony Barcelo
The quiet, private backyard has several seating areas, including one set around a fire pit. Image credit: Anthony Barcelo
Walton Goggins’ house has a whimsical backyard with two outdoor dining areas, a pool, and a fire pit. Image credit: Anthony Barcelo

Lead image credit: Property – Anthony Barcelo, courtesy of The Agency. Walton Goggins headshot – Gage Skidmore via Wikimedia Commons

More celebrity homes

Matt Damon’s Zen Los Angeles Home Asks $21 Million
Inside ‘Supernatural’ Star Jensen Ackles Hip Lake House
Check Out this Beautiful House the Hemsworth Brothers Just Sold in Malibu
Extreme Makeover’s Ty Pennington Lists Bright and Beautiful Venice Beach Home

Source: fancypantshomes.com

A Guide to Property Taxes in 2021: States With the Highest (and Lowest) Rates

With tax season upon us, it seems like a good time to check what homeowners pay in property taxes—and a new survey confirms that where you live makes a huge difference in how much you’ll have to cough up.

According to researchers at WalletHub, which analyzed tax data on all 50 states and the District of Columbia, the average American household pays $2,471 on real estate property taxes. But that can vary widely. And just in case you thought the country wasn’t polarized enough already, political leanings can often be an indicator of state tax rates: “Blue states” (defined by WalletHub as how they voted in the 2020 presidential election) generally pay higher property taxes than “red states.”

As for the state with the highest property tax rate, that’s New Jersey, where residents pay a rate of 2.49%, which means that people living in a median-priced home in the area ($335,600) will pay Uncle Sam $8,362 in property tax per year.

In fact, the five states with the highest tax rates are all east of the Mississippi.

Meanwhile, people in Hawaii are blessed with the lowest real estate tax rate of 0.28%. So even though a median-priced home in the area is expensive ($615,300), homeowners end up paying only $1,715 in taxes per year. In Alabama, the state with the second-lowest tax rate (0.41%) as well as bargain-basement median home prices ($142,700), you’ll pay even lower property taxes of just $587 per year.

Curious how your state stacks up? Below are the top 10 states with the highest—and lowest—property taxes:

States with the highest property taxes

  1. New Jersey: $8,362 (2.49%)
  2. Illinois: $4,419 (2.27%)
  3. New Hampshire: $5,701 ( 2.18%)
  4. Connecticut: $5,898 (2.14%)
  5. Vermont: $4,329 (1.90%)
  6. Wisconsin: $3,344 (1.85%)
  7. Texas: $3,099 (1.80%)
  8. Nebraska: $2,689 (1.73%)
  9. New York: $5,407 (1.72%)
  10. Rhode Island: $4,272 (1.63%)

States with the lowest property taxes

  1. Hawaii: $1,715 (0.28%)
  2. Alabama: $587 (0.41%)
  3. Colorado: $1,756 (0.51%)
  4. Louisiana: $890 (0.55%)
  5. District of Columbia: $3,378 (0.56%)
  6. South Carolina: $924 (0.57%)
  7. Delaware: $1,431 (0.57%)
  8. West Virginia: $698 (0.58%)
  9. Nevada: $1,614 (0.60%)
  10. Wyoming: $1,337 (0.61%)

Why are my property taxes so high—or low?

While property taxes may be high in some states, lower home prices may offset this tax burden. For example, Illinois—which has the second-highest tax rate, at 2.27%—has a low median home price of only $194,500, resulting in annual property taxes hovering around $4,419. That’s less than you’d pay in other states with lower tax rates (like New Hampshire and Connecticut).

So what can you do if you live in a state with high tax rates and high home prices?

“Unfortunately, living in the Northeast has become a very expensive proposition if you want to own properties,” says Ralph DiBugnara, president of Home Qualified and senior vice president at Cardinal Financial. “But homeowners should be aware of what they can write off when it comes to homeownership, especially in these high-tax areas.”

In other words, in high-tax-rate states with pricy properties, the good news is that you are allowed to write off (or deduct) up to $10,000 of your property taxes. Just remember that this may not cover all of your property taxes; it depends on how much your home is worth.

“If your home is worth $500,000 or below, you should be able to write off all of your property taxes,” says DiBugnara. “But if your home value is above $500,000 and in a state with tax rates around 2%, most of the time this is not enough of a write-off to cover all of your property taxes.”

This problem is typical in Northeast states. Still, any write-off is better than none, right?

To help with your overall tax bill, you can also write off mortgage interest as a tax deduction for a balance of up to $750,000. And if you buy or sell a home in a tax year, in most cases you will be able to write off transfer taxes—local or state taxes charged in any real estate transaction.

Green energy sources for homes that are powered by solar are also tax-deductible. You also have the right to appeal the amount of your property taxes if you think the assessed value of your home is too high.

Also weigh what your property taxes go toward when deciding where you want to live.

“People should definitely consider property taxes when they move, alongside information about the local services that those property taxes pay for,” says Stephanie Leiser, lecturer in public policy at the Ford School at the University of Michigan. “They should consider the ‘value for the dollar’ they would get from paying property taxes.”

For example, in some communities, services like trash pickup will be covered by property taxes, while in others, there will be a separate fee.

“It’s also important to keep the overall tax picture in mind when deciding where to move,” adds Leiser. “Low property taxes may sound great, but they may be offset by higher local sales taxes or other taxes and fees.”

Source: realtor.com