Spring

Essential Spring Home Maintenance Tips for Northeast Homeowners

As spring arrives it’s the perfect time to prepare your home for the warmer months ahead. Follow these tips to get your home in tip-top shape.

Mortgage rates fall for fourth week in a row – CNN

Mortgage rates fall for fourth week in a row  CNN

High Mortgage Rates Putting a Damper on Million-Dollar Homes – The MReport

High Mortgage Rates Putting a Damper on Million-Dollar Homes  The MReport

Should You Lower Your Mortgage Rate With Discount Points?

It might be wise to lean toward paying mortgage discount points to reduce the interest rate. Here’s how to make a decision that fits your circumstances.

The Upside To Bank Failures, Lower Mortgage Rates

An unexpected consequence of the recent bank failures is mortgage interest rates have dropped—and could keep falling.

5 cities where sellers are more likely to cut prices

Close to one-fifth of homes for sale had list prices slashed in February, doubling the rate in the span of 12 months, according to new data from Realtor.com. More than 18% of listings had price cuts in February compared to approximately 9% one year ago. The limits that rising interest rates and inflation have placed … [Read more…]

Bank failures may be the catalyst for an economic recession 

Fannie Mae projects the recent bank failures may act as the catalyst that tips an already precarious economy into recession.

Homebuyers move swiftly to ‘lock in a good deal now’: Mortgage rates continue to melt as economists dream of a real estate ‘rebound’ in spring – Yahoo Finance

Homebuyers move swiftly to ‘lock in a good deal now’: Mortgage rates continue to melt as economists dream of a real estate ‘rebound’ in spring  Yahoo Finance

How new loan pricing at housing agencies affects spring home buying

First-time homebuyers might want to look more closely at what they pay for government-sponsored enterprise versus Federal Housing Administration loans. That’s one outcome of a new pricing grid going into effect at the government-sponsored enterprises and an annual premium cut at the Federal Housing Administration, both of which are aimed at giving borrowers with lower … [Read more…]