Experts believe the “magic mortgage rate” below 5.5% is necessary to boost home selling activity. Only 13% of homeowners would accept a rate between 6.5% and 6.99%, while 47% prefer 5.0%-5.5%.

Fox Money, a personal finance hub, provides insights on credit scores and their impact on mortgage loans. Credit scores, primarily based on payment history, credit utilization, and credit history length, influence loan approval and interest rates. Minimum scores vary by loan type: FHA loans require a score of 500 with a 10% down payment, while…

Economists foresee no housing crash in 2025 unless major economic downturn unfolds. Strong demand continues, led by millennials and first-time buyers.

The interest rate market continues the healing process after taking heavy damage in October.  During the course of that month, the average top tier conventional 30yr fixed rate increased more than 0.75% and broke above 7.0% for the first time since early July.  The first few days of November saw some additional volatility with our…

2025 housing market: moderate rise in home sales, stabilized mortgage rates, and slower price increases. All-cash buyers make up 26% of sales, driven by increased homeowner equity.

Sometimes the most common questions with the most common answers are not fully understood. Today I want to clarify the rules and guidelines behind timeshares and how they impact mortgages. TOP QUESTIONS ASKED ABOUT TIMESHARES: Q: WHAT TYPE OF DEBT IS A TIMESHARE CONSIDERED? A: All products except USDA state it is classified as an installment…

Buying a new home involves key tips for saving money: turn off utilities during walkthroughs, fill freezers for efficiency, replace old appliances with energy-efficient ones, and prepare packed lunches for moving day. Adjust before buying new items, consider second-hand furniture, get to know neighbors for help, save for unexpected repairs, and consider a home warranty.…

The peak time to sign a lease is between May and September. The national average monthly rent for a one-bedroom apartment is $1,536, 0.8% higher than last year. Renters may face varying price increases depending on the landlord. Rent control laws differ by state and city. To reduce rent hikes, consider renting from smaller landlords…

Home Improvement Tools – Ceiling fan cleaner easily traps dust – Weeder tool removes weeds without bending – Dual showerhead ensures adjustable water flow – Long-reach bulb changer for high ceilings Organization Solutions – Labels for organizing sheets and linens – Multi-plug adapter for additional outlets – Rack system for hanging hats or accessories