Like opening and closing a faucet increases and decreases the water flow, lowering interest rates increases home sales and raising…
Mortgage
Nobel Prize recipient, Richard Thaler, in his research into seemingly irrational economic behaviors, “found that consumers generally search too little,…
Doing nothing may be a lot more costly than doing something. With rates twice what they were in 2021 and the…
There are fees and expenses associated with mortgages that must be paid by the closing date for closing costs, and…
The housing market in 2021 and part of 2022 was anything but normal. Mortgage rates were at all time lows and…
If you’ve ever been in a Monopoly game after most of the properties have been purchased and developed, it can…
The biggest shock to homebuyers is the soaring mortgage rates of 2022 that doubled in one year resulting in approximately…
Locking your interest rate protects you from increases due to market conditions. Locking early safeguards your budgeted payment. By locking the rate,…
Sellers, who last year, were not willing to make any concessions, are much more likely to do so this year…
The TCJA of 2019 dramatically increased the standard deduction so that many homeowners benefit from taking that rather than itemizing…