As a real estate professional, I often have conversations ofter about this topic “Is now a good time to buy a home?” Now is a great time to become a home owner if you are planning to stay in the area for a while and are stable financially. Home sales numbers are leveling off, the […]
What Will the 2019 Real Estate Market Bring?
Where Are Mortgage Interest Rates Headed In 2019?
The interest rate you pay on your home mortgage has a direct impact on your monthly payment; the higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S. Economic […]
Building Equity in Your Home – How Principal and Interest Change Over Time
I’ve been exploring the parts of a mortgage payment and how changes in the rate and price affect your payment. This week the topic is Building Equity in Your Home. Many home owners don’t necessarily stay in their home for decades but it is still a good idea to pay down your mortgage and build […]
How Price and Interest Rate Affect Your Mortgage Payment
One thing I like about real estate is that it is ever changing. The properties that are available, the ones that are under contract and new offerings of additional homes for sale change every day or even every hour! It can be a lot to keep up with. Supply and demand have a tremendous impact […]
Rent or Buy: Either Way You’re Paying A Mortgage!
There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained in their article, “12 […]
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