Soon after signing mortgage loan documents that lock in a 15- or 30-year debt, homeowners dream about paying off the debt early to get rid of the monthly burden. But, even if you could pay the … [Read more...]
How Do Interest Rates Affect the Housing Market?
Most prospective home buyers work with a mortgage lender to finance a home purchase. In fact, according to a U.S. Census statistic in 2020, 64.8% of current homeowners used a mortgage loan to buy … [Read more...]
How Long Does It Take to Buy a House?
The time it takes to buy a home can be a long process. According to a December 2021 Bankrate.com article, the average time to close on a home with a conventional mortgage is about 51 days. Having … [Read more...]
Does a Kitchen Renovation Improve Your Home’s Value?
One glance at your tired and out-of-date kitchen might suggest that a renovation is necessary. However, when considering kitchen renovations, questions about cost and whether you could recover the … [Read more...]
Four Upgrades that Add the Most Value to Your Home
Remodeling and upgrades can help increase the return on investment (ROI) of a home; however, it is unlikely the homeowner will recoup the total cost of most upgrades. Generally, an upgrade project … [Read more...]
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