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If you are currently renting a home and the lease is up, it is not uncommon for the idea of purchasing a home instead of signing another lease to pop into your mind. Renting and/or owning both have their advantages and disadvantages. It depends on which option is right for you.RentingWhen the lease [Read More]

Mortgage Giant, Freddie Mac released this weeks Prime Mortgage Market Survey (PMMS) showing the average mortgage rates on a fixed rate mortgage continue to rise for the seventh week in a row.The surveys reveals the following:30-year fixed-rate mortgage (FRM) averaged 4.16 percent with an average 0.5 [Read More]

Surrounding yourself with the love of good friends and family plays a huge role during the holiday season. Sometimes, in the case of larger families, this goal can be accomplished by renting a home base for the celebrations.Finding the perfect holiday rental can take a bit of time and effort, so you [Read More]

Selling a home in the winter months may appear to be a daunting task, but in reality it could give you an advantage over selling a home in the spring.Below are three tips that can make selling a home in the winter a quick and easy transaction.Many winter sellers bypass listing their home on the MLS [Read More]

Buying or selling a home in the winter may appear to be an incredulous task on the outside, but if done right, it could work in your favor.Granted, most potential home buyers do not actively seek to purchase their new home in the winter. But if you find yourself with a new job or a new family member [Read More]

Mortgage Giant, Freddie Mac released this weeks Prime Mortgage Market Survey (PMMS) showing the average mortgage rates on a fixed rate mortgage jumped almost 4% since election day, this marks the largest spike of the year!The surveys reveals the following:30-year fixed-rate mortgage (FRM) averaged 3 [Read More]

Remember those days when you were looking for a house to rent and you would run to the nearest 7-11, grab a newspaper and start circling rentals in the classifieds? Wait..newspaper? Do those still exist? With technology running rampant where would one look to find a real estate rental that is availa [Read More]

Every week Freddie Mac surveys lenders on the rates and points for the most popular mortgages. The ARM's are indexed to the U.S. Treasury yields. Nearly 125 lenders are surveyed weekly from a strong mix of lenders types including; credit unions, thrifts, mortgage lending companies and commercial ban [Read More]

Although "Saving the Planet" is a noble concept, and rightfully so, many people choose the "green" real estate option because of the other "green": Money.According to a report released by Morgan Stanley's Institute for Sustainable Investing, sustainable technology can shave off 3% to 30% of a typica [Read More]

Britains historic exit of the European Union has effected many different financial markets, including the U.S. housing market.Almost immediately after Britain left the EU, the yield on the 10-year Treasury fell from 1.75% to 1.43%. Mortgage rates tend to follow long term Treasury yields, therefore, [Read More]