Neutralizing home odors is an important part of preparing a home for sale but it’s not always so easy. Every home has a unique odor that’s ground into carpets, walls, fabrics. Cooking at home plays a big role, too.
But just because a home is listed for sale doesn’t mean that the [...]
A Home Equity Line of Credit is bank product that grants homeowners access to the equity in their home at anytime, usually using checks.
Often called a HELOC, these equity-based credit lines function very much like credit cards:
The rate is adjustable, tied to Prime Rate There is a minimum monthly payment There is a [...]
The Federal Open Market Committee left the Fed Funds Rate unchanged at 2.000 percent this afternoon, as expected.
In its press release, the Federal Reserve noted the co-existence of inflation and recession.
On inflation, the Fed said that energy and food prices are contributing to an “elevated state” of inflation, [...]
The Federal Open Market Committee adjourns from its 2-day meeting at 2:15 P.M. ET today. It’s widely expected that the group will leave the Fed Funds Rate unchanged at 2.000 percent.
However, it’s not what the Fed does today that has markets so interested. It’s what the Fed will say.
Most homeowners make four housing-related payments each month:
Principal on a mortgage Interest on a mortgage Taxes on the real estate owned Insurance for the real estate owned
Collectively, these payments are known by the acronym PITI but don’t let it fool you — a homeowner’s monthly expenses are still called PITI even if one [...]
In this 4-minute video, real estate maven Barbara Corcoran reminds us that homes are bought and sold within 8 seconds.
And, although the clip features a suburban home in New York, the Lessons of Good Presentation apply to every home looking for a buyer.
Some of the video’s key [...]
Flooding in the Midwest has displaced thousands of families and caused billions of dollars in damages.
It may also cause mortgage rates to rise.
As the extent of the damage becomes more clear, prices for grain and livestock are soaring. For example, a host of dietary staples are suddenly more expensive at the supermarket, including:
[...]
Home buyers are often surprised when a “rate quote” from the morning won’t be honored in the afternoon. Sometimes, the assumption is that the loan officer is just being sneaky.
This couldn’t be less true.
Rate quotes change in the middle of the day because mortgage markets are in constant flux. All day, every day [...]
A “Housing Start” is a new home on which construction has commenced and in May, Housing Starts fell to a 17-year low nationally.
At first glance, this may seem like a negative for the already-battered U.S. housing market.
It’s not.
Falling Housing Starts reflects the broader real estate market and shows [...]
A jammed garbage disposal is one of the most common household plumbing issues and, despite its mechanical simplicity, fixing one can cost up to $300 in labor and parts.
Try saving some money next time by doing it yourself.
Courtesy of Expert Village, this short, 2-minute video walks [...]
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