The Federal Reserve cut interest rates Wednesday, its first reduction since December 2008. For most Americans, the cut could mean a reprieve in escalating borrowing costs. At the same time, savings account rates may fall. The Federal Reserve’s decision to cut interest rates 25 basis points for the first time in over a decade marked a … Read More “Here’s what that Fed rate cut means for you” »
After a slight uptick last week, mortgage rates fell back to what’s become a more regular pattern this summer of hovering near three-year lows. Home buyers are responding to the lower rates, and mortgage applications for home purchases have continued to rise steadily the last two months to the highest year-over-year change since the fall of … Read More “Mortgage Rates Are Back to Near 3-Year Lows” »
Immaculately presented home in desirable neighborhood of East Turlock. Pictures are no match for a walk through this sophisticated property. The floor plan features: over 3,000 sf of living space, 4 beds, 3 baths, a grand entry, a formal dining room, a bonus room (could be used as an executive office, media, game room, etc. … Read More “SOLD – 585 Corello St Turlock” »
3300 Vanderbilt Ave, Turlock, CA is a single family home that contains 2,027 sq ft and was built in 1974. It contains 3 bedrooms and 2 bathrooms. Well-designed home with contemporary amenities, front door becomes a passageway for guests and family. It welcomes you into your very own refuge. It protects you from the elements, … Read More “SOLD – 3300 Vanderbilt Ave Turlock 3bd/2bth 2,027sf” »
Millennials this year are less likely to be taking creative measures like co-ownership or renting out rooms to afford a mortgage, according to a Redfin survey. Millennial homebuyers in 2019 are less likely to take extraordinary measures to afford their mortgage payments, such as getting help from their parents or co-ownership with someone other than … Read More “Millennial Homebuyers say they’ll Rely on Parents Less” »
This single story cul-de-sac home full of charm and character. It features 3 Bedrooms/ 2 Bathrooms with 1, 146 sq ft of living space. An open floor plan that offers a living room with brick fireplace, a kitchen with stainless appliances and quartz countertops with direct access to a backyard that has a covered patio … Read More “SOLD – 7805 Irwin Ct. Hilmar” »
Buying a home is a major financial step and long-term commitment. Owning a home is the quintessential American Dream, but aside from the feeling of pride it brings, there are plenty of practical reasons to purchase a home. Consistent Housing Payment The biggest cost to budget for in your personal life is likely your housing … Read More “Why Renters Should Get Serious About Owning Their Homes” »
Welcome to Berkeley Woods planned unit development that is conveniently located near schools, medical services, and Emanuel Medical Center. This two-story 1, 786 sf home has 3 bedrooms/2.5 baths with a loft and upstairs laundry. Kitchen has been updated with butcher block counters, recessed lighting, gas cooktop, stainless appliances, garden window, and stainless steel counter … Read More “SOLD – 1361 Alex Cir Turlock” »
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” »