Turlock Homes & Beyond | BRE# 01112786 | Century21 Select Group
We should all make sure we look after our finances, especially when a home purchase is on the horizon. Your financial well-being can have a huge impact on the interest rate you’ll end up paying on your mortgage. Most lenders, whether U.S.-based or not, are going to check your financial status before they even start … Read More “How Credit Scores Impact Your Interest Rate” »
For the seventh time in the last nine weeks, the 30-year fixed-rate mortgage dropped, reaching the lowest average since November 2016, Freddie Mac reports in its weekly mortgage market survey. “While the industrial- and trade-related economic data continues to dominate the news, the drop in mortgage rates over the last two months is already being … Read More “Mortgage Rates Haven’t Been This Low Since 2016” »
As homes age, more homeowners are looking to remodeling to spruce up their properties. Of the nation’s stock of 137 million units, nearly 80% are at least 20 years old, and 40% are at least 50 years old. Freddie Mac says its new mortgage product is to help home buyers finance or refinance fixer-uppers. Eligible … Read More “Freddie Debuts Remodeling Loan for Fixer-Upper Buyers” »
About 19% of U.S. households say they expect to move over the next year—the highest reading for May in two years, according to the Survey of Consumer Expectations report, released from the Federal Reserve Bank of New York. The trend of more homeowners showing an openness to move has been on the rise ever since … Read More “What’s Convincing More Owners to Move?” »
The benchmark 30-year fixed-rate mortgage fell this week to 4.04 percent from 4.06 percent, according to Bankrate’s weekly survey of large lenders. As rates move ever closer to 4 percent, homeowners wanting to snag a lower interest rate on their existing mortgage are jumping into high gear, driving refinance application activity to a three-year high. … Read More “Mortgage rates slip, as mortgage applications surge” »
A home purchase brings together so many things under one roof: dreams, shelter, status, maybe a passport to better schools and neighborhoods. And one more thing: It gives you a forced savings account. It does that by letting you build home equity, which is the difference between your home’s market value and what you owe on … Read More “6 Ways to Build Your Home Equity (and Savings) Faster” »
Beautiful Victorian style home in N. E. Turlock. Features include the wrap around front porch, turrets, and bay windows. The roof, siding, all windows, the flooring, the baths, the porch have been replaced with the top of the line product.
Sixty-five percent of households nationwide view buying a home in their ZIP code as a good financial investment, according to the Federal Reserve Bank of New York’s 2019 Survey of Consumer Housing Expectations. Nearly 72 percent of renters say they would prefer to own instead of rent—if they had the financial resources to do so, … Read More “Consumers Say Housing Is a Strong Financial Investment” »
When it comes to selling a house, appearances are everything. That’s why more and more homeowners hoping to impress buyers are investing in home staging. But between decluttering, styling, and making your house look its absolute best, this process can make you want to pull your hair out. To make this undertaking a little easier, we asked … Read More “The Best Home-Staging Advice I’ve Heard, Ever” »
Let’s say one morning you wake up and realize that you’re ready to buy a home. You’re tired of paying rent with nothing to show for it, and you figure that it’s time to get into a home of your own. But you have reservations. After all, if it’s your first time, you’ve got questions. … Read More “Ultimate Guide to Buying a Home” »
