Most everyone knows that buyers who put down less than 20% usually have to purchase Private Mortgage Insurance or PMI. But most people also have no idea how much PMI payments are. PMI payments can be made monthly, in a [...]
Rates are holding relatively steady, with the national average holding at around 4.86%. Check out Freddie Mac’s graph below, revealing average mortgage rate trends over the last 12 months.
When increasing your home’s value is the goal, you need to think about what will appeal to potential buyers and boost the property’s listing price. This means you need to put aside personal preferences and think about what will have [...]
As you can see from the graph below, prices are up year over year. That is probably not a surprise to most people who enjoy following real estate. However, consumers may not realize that interest rates have risen approximately 1 [...]