Has your home been on the market long? Do you feel like selling your home is an insurmountable task? Selling your home can feel hopeless the longer your property sits awaiting a buyer. As sellers struggle to attract buyers, they are confronted with ideas like price slashes or full remodels to sell to their homes. …
Your mortgage application was denied. Now what?
If your mortgage application has been denied, you don’t have to give up on your home ownership dreams. There are steps you can take to improve your ability to get approved for a loan. First, it is crucial to get in contact with your lender. There are a multitude of reasons as to why an …
Is it still a good time to buy?
Better late now than never later. It’s the question that’s buzzing around real estate offices, mortgage companies, backyard barbecues, water coolers and passing conversations with neighbors. The short answer is — we think so. Yes, it is still a good time to buy. The long answer is more complicated. Consider these four trends to help …
15 Tips For An Easy Mortgage Process During The Holidays
‘Twas a crisp, cold, clear night, when we hoped for a house. With my hot cocoa stirring, I looked at my spouse. We’d mapped out our assets and budget with care, In hopes that our offer would not catch a snare. The children were nestled all snug in their beds, While dreams of new bedrooms …
Can You Pay Off a 30-Year Mortgage Early?
Whether you’re buying your first home or have owned several houses over the years, you’ve heard of the 30-year fixed rate mortgage. Many people choose the traditional, 30-year loan for the financial flexibility it provides.. Like most things in life, there are pros and cons. A Fixed Rate 30 Year Mortgage… ✓ Offers a lower …
How to Get Ahead When You Can’t Get the House You Want
It’s a seller’s market, and it’s not easy to make an offer within twenty-four hours to beat the crowd....If your search has faced competition, low inventory, or financial limitations, consider getting creative. These four unique housing options could help to cut costs so you can save faster for a possibly larger down payment.
Cost of Building Materials, Homebuilders, and the Housing Market – July 2021
The housing market has been as hot as the day is long. Are we finally beginning to see a cooldown? Although the housing market is still expected to favor sellers, we may be at a tipping point. Prices have risen so dramatically that buyers appear to be backing off, and home sales seem to have …
Happy Independence Day, from Benchmark
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Mortgage Interest Rates Begin Their Ascent. But Is It Enough?
Are rising mortgage interest rates enough to cool a heating market? Will housing inventory make a rebound? Your Spring 2021 update.
The Math of Refinancing: Does It Make Financial Sense?
Is Refinancing always a good idea? That depends on who you are, and what your reason is for refinancing. In this post, I give an example so you can make your own informed calculations.