Author: Ben
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Today’s Mortgage Rates
After spiking a bit toward the end of last week, mortgage rates are back down. Currently, 30-year mortgage rates are around 9 basis points lower compared to last week’s average. They could trend down further later this week. This will depend on the commentary that comes out of the latest Federal Reserve meeting. Lower mortgage…
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Gardening Tasks
Three gardening tasks to tackle this month to get ready for fall Here are the major tasks to tackle in July. Mow your strawberries Strawberries season was short this year, but now that it’s over, you can put your bed to bed. With strawberries, you can run your lawnmower over them to give them the…
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Owning Your Home Helps You Build Wealth
You may have heard some peope say it’s better to rent than buy a home right now. But, even today, there are lots of good reasons to become a homeowner. One of them is that owning a home is typically viewed as a good long term investment that helps your net worth grow over time..…
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Home Prices Are Rebounding
If you are following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. If we take a year-over-year view, home prices did drop some, but that’s because we…
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How Remote Work Expands Your Homebuying Horizons
Even as some companies transition back into the office, remote work remains a popular choice for many professionals. So, if you currently enjoy working from home or hope to be able to soon, you are not alone. According to a recent survey, most working professionals want to work either fully remote or hybrid. This trend…
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Renting or Selling Your House
What’s the Best Move? If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental is typically offered as an alternative to a hotel. They are an investment that’s gained popularity in recent years. A short-term…
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Momentum is Building for New Home Construction
If you are in the process of looking for a home today, you know the supply of homes for sale is low because you are feeling the impact of having a limited pool of options. And, if your biggest hurdle right now is that you are having trouble finding something you like, don’t forget that…
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Today’s Housing Inventory Is a Sweet Spot for Sellers
Housing Market One of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of people who want to buy them. To help emphasize just how limited housing inventory still is, let’s look at the latest information on active listings, or homes for sale…
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Lending Standards Are Not Like They Were Leading Up to the Crash
You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data to help prove it. Every month, the Mortgage Bankers Association releases the…