Real Estate News Matters

Calculating mortgage payments involves several variables, including the loan amount, the interest rate, and the loan term. Here are the steps to calculate mortgage payments:Determine the loan amount: This is the amount you will borrow to purchase the property. For example, if you plan to buy a ho...

Buying a home is a significant investment, and one of the most important decisions to make when buying a home is whether to purchase a new or pre-owned property. Here are some pros and cons of each option:Pros of buying a new home:Customization: With a new home, you have the ability to customize ...

Buying a house can be an exciting but complex process that involves many legal requirements.  You will need to provide several documents to your lender and the seller. The specific documents required may vary depending on the lender and the type of loan you are applying for, but here are some of ...

Last week’s scheduled economic reports included readings on inflation, the Fed’s Federal Open Market Committee meeting, and Fed Chair Jerome Powell’s press conference. Weekly readings on mortgage rates and jobless claims were also published. Fed Leaves Key Rate Range UnchangedFederal Reserve poli...

Creating a household budget can be a helpful way to track your spending and ensure you are meeting your financial goals. You will need to examine your fixed expenses that are the same each month, such as rent or car payments and your variable expenses that change each month, such as groceries or ...

Securing a mortgage is a significant financial decision, and choosing the right option can have a lasting impact on your future. Each individual's circumstances are unique, and finding the best mortgage for your needs requires careful consideration. Whether you're a first-time homebuyer, have a l...

Many millennials find home buying overwhelming due to a variety of factors such as high housing prices, student loan debt, competition from investors, economic uncertainty, and a lack of knowledge about the home-buying process. These challenges can make it difficult for millennials to save enough...

Obtaining a pre-approval for a mortgage is an important step when you're planning to buy a home. It gives you an idea of how much you can afford, helps streamline the home-buying process, and strengthens your position as a serious buyer. However, many people worry that the pre-approval process mi...

Last week’s scheduled economic news included results from Fannie Mae’s National Housing Survey and weekly readings on mortgage rates and jobless claims. Fannie Mae Survey Shows Lower Home Buyer Confidence in MayFannie Mae reported lower home buyer confidence in housing market conditions in May. H...

One of the stresses of moving to a new area is giving up the familiarity that you have with your old neighbors and starting from scratch. Whether you've just moved to a different locale or you're planning to relocate in the near future, there are some easy ways that you can make a home of your ne...