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Tips for Getting a Mortgage When Self Employed
Hal Bundrick at NerdWallet has some valuable advice on self-employed borrowers getting approved for a mortgage and buying a home. More, here.
Read MoreIRS “Marriage Penalty” Increased
Last week, the Internal Revenue Service increased the amount of deduction unmarried cohabitants of a home can claim. Tony Nitti, writing for Forbes, has a synopsis, here.
Read MoreListen to Your Agent!
Ilyce Glink and Samuel J. Tamkin writing for The Washington Post, highly recommend taking your real estate agent’s advice to upgrade your home prior to selling. Read more, here.
Read MoreMortgage Rates Move Up
The Washington Post reports on the increase in mortgage rates. Though there’s no immediate cause for concern, rates are expected to continue climbing. More, here.
Read MoreTop Real Estate Markets of 2016
With real estate prices at the highest they’ve ever been, getting into a house in certain markets can be a daunting task. Out of 130 metro areas analyzed in June, about one-third are at all-time highs for real estate prices. Money magazine has additional information, here.
Read MoreMortgage Applications Down 11%
Low housing supply is hindering home sales as we progress through summer. Mortgage application volume is down 11%, but still up 40% from a year ago. CNBC has a breakdown of the current state of things, here.
Read MoreMortgage Applications Down 11%
Low housing supply is hindering home sales as we progress through summer. Mortgage application volume is down 11%, but still up 40% from a year ago. CNBC has a breakdown of the current state of things, here.
Read MoreMortgage Math Made Easy
For many, computing mortgage numbers is confusing and unpleasant. Realtor.com has a short article simplifying the process, with helpful links, here.
Read MoreBest Cities for Budget Real Estate
Realtor.com has an article today on the best U.S. cities to invest in budget real estate. Included in the top-ten cities are: Jacksonville, FL, (At #1), Chicago, IL, Detroit, MI, and Phoenix, AZ. You can read the report, and see the remainder of the list, here.
Read MoreCash Offers Trump Financing in Competitive Markets
The New York Times has a piece on buyers beating out competition on sought-after properties by buying in cash, then securing financing at a later date. Depleting your savings to secure a real estate deal is not a sound investment strategy in most cases, but the article is worth a look. More, here.
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