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Showing posts from April, 2022

Buying Season is Back. Here's What to Expect.

  Buying Season is Back. Here's What to Expect. With peak buying season upon us, here's what analysts are expecting to see this year: Increasing Mortgage Rates It appears, depending on how the economic recovery progresses, that mortgage rates could continue to increase. Earlier in the year, rates were holding under 3%, but those rates have steadily increased over the past several weeks. As more and more Americans are vaccinated, it's expected that economic recovery will continue, and this will likely contribute to an upward movement in mortgage rates. If you're thinking of buying this summer, it may be in your best interest to lock in a rate as soon as possible. Inventories Could Increase Many home shoppers found the lack of inventory to be a major source of frustration during the past year. It was difficult - if not impossible - to find available properties, and when something went on the market, it was often scooped up in days or sometimes just hours. Some analysts ar

Demo Day the Responsible Way

  Demo Day the Responsible Way Thanks to HGTV, "Demo Day" is often thought of as the fun part of renovation and construction. Owners and celebrity reno stars wield sledgehammers and power tools while kicking down drywall, tearing out cabinets, and throwing building material from second-story windows. The carefree assault on a dated home makes demolition look easy and fun, but there is more skill and expertise involved than you might think. If you're considering a DIY demo to save money before a renovation, make sure you know what you're getting into, and you are prepared for any problems that may arise. Safety First:  Ensure you have enough safety equipment — steel-toed work boots, safety glasses, hard hats, masks, and work gloves for everyone in your crew. Full coverage, snug-fitting shirts and pants provide protection from splinters, itchy fiberglass, and rusty-nail scratches. Keep a first aid kit handy, and make sure your phone is fully charged in the event of an e

Top 10 Reasons Why Loans Don't Close