Category: finance

Everybody Calm Down! This Is NOT 2008

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Everybody Calm Down! This Is NOT 2008 Last week realtor.com released the results of a survey that produced three major revelations: 53% of home purchasers (first-time and repeat buyers) currently in the market believe a recession will occur this year or next. 57% believe the next recession will be as bad or worse than 2008. … Continued

How Property Taxes Can Impact Your Mortgage Payment

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How Property Taxes Can Impact Your Mortgage Payment When buying a home, taxes are one of the expenses that can make a significant difference in your monthly payment. Do you know how much you might pay for property taxes in your state or local area? When applying for a mortgage, you’ll see one of two … Continued

What’s the Latest on Interest Rates?

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What’s the Latest on Interest Rates? Mortgage rates have fallen by over a full percentage point since Q4 of 2018, settling at near-historic lows. This is big news for buyers looking to get more for their money in the current housing market.According to Freddie Mac’s Primary Mortgage Market Survey, “the 30-year fixed-rate mortgage (FRM) rate averaged … Continued

A Latte a Day Keeps Homeownership Away

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A Latte a Day Keeps Homeownership Away [INFOGRAPHIC] Some Highlights: The pumpkin spice latte is launching soon, so you may be tempted to spend your extra cash on a daily caffeine fix, but that small expense can add up to a big number – fast! Saving for a down payment takes a little discipline, so … Continued

The Benefits of Growing Equity in Your Home

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The Benefits of Growing Equity in Your Home Over the last couple of years, we’ve heard quite a bit about rising home prices. Today, expert projections still forecast continued growth, just at a slower pace. One of the often-overlooked benefits of rising home prices is the positive impact they have on home equity. Let’s break … Continued

3 Great Websites To Help You Finance Your House in Metro Detroit Michigan!

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As you’re probably aware, home shopping (and even selling and buying) has largely moved online today. And now financing your house purchase is doing the same thing. It’s easy, it’s a streamlined process, and rates are competitive. If you’re like increasing numbers of people who prefer the ease of the online home-buying process,  you’re in … Continued

How Much Do You Know About Down Payments?

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How Much Do You Know About Down Payments? Whether you’ve owned a home before, or you’re ready to jump into homeownership for the first time, there are always a lot of questions swirling around about what is truly required for a down payment, and how to best source down payment assistance. Let’s tackle these two … Continued

How to Judge the Impact of the Next Economic Slowdown on Housing

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How to Judge the Impact of the Next Economic Slowdown on Housing We’ve experienced economic growth for almost a decade, which is the longest recovery in the nation’s history. Experts know a recession can’t be too far off, but when will this economic slowdown actually occur? Pulsenomics just released a special report revealing that nearly … Continued

What Experts are Saying About the Current Housing Market

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What Experts are Saying About the Current Housing Market We’re halfway through the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the experts predict for the second half of 2019. Here’s what some have to say: Danielle Hale, Chief Economist at realtor.com “Lower … Continued
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