Sellers: These home features can help your listing get more attention
Top-searched home features Want to spark a bidding war when you list your home? Adding a man-cave or she-shed may be able to help. According to new research, these and […]
Top-searched home features Want to spark a bidding war when you list your home? Adding a man-cave or she-shed may be able to help. According to new research, these and […]
Mortgage rates moved up last week, and it looks like they’ll keep rising in 2021. But how high will rates go? Should you try to lock in now?
Due to coronavirus, there are new rules for self-employed home buyers who want to use FHA loans. Learn about new lending rules here.
Mortgage rates can be pretty volatile. Just like stocks, they can change daily depending on whatâs happening in the economy. Beyond that, mortgage rates can move based on news that doesnât involve a report on the economic calendar, such as a jobs report, GDP, housing starts, inflation, etc. Even if there isnât a direct financial [&hellip
The post Mortgage Rates vs. the Coronavirus: We Might Test New All-Time Lows first appeared on The Truth About Mortgage.
If youâre an existing homeowner, get excited, very excited. A new forecast from Zillow says home prices are going to rise 10.3% from this November until November 2021. Thatâs on top of the already stellar growth realized since around 2012, when home prices seemed to bottom and begin their meteoric and historic ascent. Those fortunate [&hellip
The post Home Prices Are Expected to Rise Another 10% by Next November first appeared on The Truth About Mortgage.
Buying a home? Then head to the Midwest. According to a new survey, that’s where the nation’s happiest recent homebuyers are located.
Editor’s note: This article was originally published on June 10, 2020, and updated on July 28, 2020, with the latest Fed forecasts Don’t wait on the Fed for lower mortgage […]
Similar to the increased waiting times to get a COVID-19 test these days, itâs taking an extended amount of time to get a mortgage to the finish line. The reason is simply unprecedented demand, just like those COVID-19 tests. The more people that need one, the longer the wait, period. This is the downside to [&hellip
The post Itâs Taking a Really Long Time to Get a Mortgage Right Now first appeared on The Truth About Mortgage.
Thanks to another year of stellar home price appreciation, the 2021 conforming loan limit will increase to $548,250, per the Federal Housing Finance Agency (FHFA). This is the maximum loan amount for mortgages that can be acquired by Fannie Mae or Freddie Mac, known as conforming mortgages. The figure is up from $510,400 for mortgages [&hellip
The post 2021 Conforming Loan Limit Rises to 8,250 first appeared on The Truth About Mortgage.
Want to list your house soon? According to a new study, homes listed in April and May sell the fastest and bring in the most profits.