The Unexpected Downsides of Selling Without an Agent

With the internet playing such a huge role in selling a house these days, going it alone—no real estate agent in sight—can look like a pretty simple decision. There are a few big reasons you’re probably considering this route, like being able to skip the 6% commission fee and having complete control over everything from […]

Continue Reading

Current Mortgage Rates for Friday, December 19, 2014

Well, we made it, it’s Friday.  Mortgage bonds have been rather volatile this week, but despite the volatility, mortgage rates have held up rather well.  Yesterday’s Primary Mortgage Market Survey from Freddie Mac showed the average rate on a 30-year fixed-rate mortgage to be 3.80%, down from 3.93% the week prior.  The nature of the […]

Continue Reading

Save Money and Energy this Winter by Plugging Your Drafts

Not all home improvement projects are created equal. While remodeling the kitchen or putting down new carpet may pay off when you sell the house, the immediate benefits to you are usually just cosmetic. If you’re looking for a less flashy project that can actually save you cash immediately, consider first fixing your drafts. Air […]

Continue Reading

Current Mortgage Rates for Thursday, December 18, 2014

Yesterday afternoon mortgage backed securities got taken behind the woodshed.  The sell-off continues today, putting additional upward pressure on mortgage rates.  Things got real volatile after the Fed Statement came out at 2, and then the volatility continued during Janet Yellen’s press conference.  It was really around that time that things turned into a rout. […]

Continue Reading

Should You Refinance with Your Current Lender?

Refinancing a mortgage is essentially getting a new home loan to replace an existing one. Some people apply for new financing to lower their interest rate, change their mortgage terms, remove a name from a mortgage or tap their equity. However, after you decide to refinance, the next step is choosing a lender.

Continue Reading

Current Mortgage Rates for Wednesday, November 17, 2014

Mortgage rates improved somewhat yesterday when mortgage backed securities rallied.  Yesterday’s domestic economic data was fairly mixed, and the price action was likely due to events overseas – specifically the drop in oil prices and the subsequent turmoil in Russia.  This morning MBs opened the day in the red, but we have risen from the […]

Continue Reading

What to Do If Your House Isn’t Selling

So you haven’t had a showing in weeks and you’ve forgotten what your realtor looks like and you may or may not have started to wonder if you’ll be moving after all. You’re not alone. With the housing market recovering so unevenly, many sellers are finding that they’re not able to move on as quickly […]

Continue Reading

Five Reasons to Buy a House Right Now

You might go back and forth on whether to buy a house. However, if you’ve been on the fence for years, now might be the right time to purchase. Buying a home is a huge investment that can pay off in the long run. You can build equity and add to your personal net worth, plus […]

Continue Reading