Brynmawr Lake (Richmond, TX)
By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
The Top Indicator if You Want To Know Where Mortgage Rates Are HeadingMortgage rates have increased significantly since the beginning of the year. Each Thursday, Freddie Mac releases its Primary Mortgage Market Survey. According to the latest survey, the average 30-year fixed-rate mortgage has risen from 3.22% at the start of the year to 3.55% as of last week. This is important to note because any increase in mortgage rates changes what a purchaser can afford. To give you an idea of how rising mortgage rates impact your purchasing power, see the table below:How Can You Know Where Mortgage Rates Are Headed?While its always difficult to know exactly where mortgage rates will go, a great indicator of where they may head is by looking at the 50-year history of the 10-year treasury yield, an...
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By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
Can I Reseed My Lawn in Winter?Though a lot of people reseed their lawns in the spring, there are periods during the fall that are actually better for most grasses than spring seeding. Exactly when this seeding window is depends on both where you live and the type of grass that you’re putting seed down for. This may lead some people to believe that any time late in the year is ideal for reseeding a lawn prior to spring; unfortunately, that isn’t actually the case.If you reseed your lawn at the wrong time of the year, there’s a good chance that you won’t get the results that you expect. If your grass is thinning or has otherwise been damaged, this can result in bald patches come spring that require a lot of work to correct. To avoid this, let’s look at when you should (and shouldn’t) res...
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Richmond, TX Real Estate Professionals