Sixty-two percent of millennial home buyers say they're planning to put less than 20 percent down on the house they eventually buy.
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Deciding whether to repair or replace roofing is largely an exercise in timing -- you don't want to reroof too soon and waste money, but you don't want to wait too long either.
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Your home's interior lights want to help you have fun, feel better, and save energy. Will you let them? It used to be we'd walk into a room and flip on the light switch, maybe slide the dimmer up or down a bit to change the brightness. But that's so old school. Instead…
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To sell your home this spring, it may need more preparation than it would have a year or two ago. Today’s housing market has a different feel. Inventory is still historically low band buyers are back. So, if a house has been sitting on the market for a while, that’s a sign it may not be hitting the mark for potential buyers. But here’s the thing. Right now, homes that are updated and priced at market value are still selling fast, sometimes with multiple offers!
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Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are and how much you should budget for.
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67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is nothing like it was before the housing crash in 2008.
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Median mortgage payments fell at the end of last year, dropping to $1,920 month-over-month, according to the Mortgage Bankers Association.
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The typical number of years Americans live in a home before selling has been getting shorter recently. At the end of last year, it fell to just under six years.
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Once you know where the mortgage loan problems are, you can easily get around them. Mortgages don't have to be scary. After all, they're just business transactions, albeit big ones. Here are six ways to avoid mortgage mistakes.
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Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year.
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If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year.
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The recent pullback in mortgage rates is great news – but if you’re ready to buy now, holding out for 3% is a mistake.
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