The Connection Between Upgrades and Interest Rates
Upgrades can directly affect the interest rate on a construction loan or mortgage by increasing the property’s value. Here’s how: Enhanced Property Value One of the primary ways upgrades can lower your interest rate is by enhancing the overall value of the property. For instance, foundation waterpro
Why Pre-Approval Should Be at the Top of Your Homebuying To-Do List
Since the supply of homes for sale is growing and mortgage rates are coming down, you may be thinking it’s finally your moment to jump into the market. To make sure you’re ready, you need to get pre-approved for a mortgage. That’s when a lender looks at your finances, including things like your W-2,
How the Federal Reserve’s Next Move Could Impact the Housing Market
Now that it’s September, all eyes are on the Federal Reserve (the Fed). The overwhelming expectation is that they’ll cut the Federal Funds Rate at their upcoming meeting, driven primarily by recent signs that inflation is cooling, and the job market is slowing down. Mark Zandi, Chief Economist at Mo
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