As you may have heard, the Federal Reserve (Fed) slashed interest rates this week to 0% in response to the economic crisis spurred by the COVID-19 virus pandemic. So, many of you are wondering how this will affect your current mortgage rate or your ability to purchase a home under the new interest rates set […]
Articles about Financing for Real Estate
On this page, you will find articles about real estate financing, mortgages, credit, and credit reports. Learn more about real estate financing for home buyers and homeowners.
Home Equity – How to Leverage Home Equity to Build Wealth
Home equity is the market value of a homeowner’s unencumbered interest in their real property, that is, the difference between the home’s fair market value and the outstanding balance of all liens on the property. In economics, home equity is sometimes called real property value. (Wikipedia) Homeownership offers many advantages over renting, including a stable living environment, […]
Mortgage Rates Lowest Since 2016
In the past nine weeks, mortgage rates, 30-year fixed rates, in particular, have dropped seven times. This is the lowest average since November of 2016, as reported by Freddie Mac. Sam Khater, Freddie Mac’s chief economist, says; While the industrial and trade-related economic data continues to dominate the news, the drop in mortgage rates over […]
Everything You Need to Know about VA Home Loans
Guest post by Patti Shaner HomeBridge Financial What is a VA Home Loan? A VA Home Loan is a mortgage loan provided by private lenders, such as mortgage companies and banks. The loan is partially guaranteed by the Veterans Administration. The Veterans Administration does not lend money, itself. The VA gives a mortgage lender a guarantee that if […]
How Credit Cards Affect Your Mortgage Application
So you think you’re finally ready to buy a house, but you have some credit card debt you’re thinking of paying off first. You’re wondering if your credit cards will affect your ability to get a mortgage. That’s a smart thing to wonder! Getting your credit in order before you apply for a home mortgage […]
Your Credit Score – More Important Than Just For Mortgages
Who’s Checking Your Money ‘Cred’? Maybe your ‘Street Cred’ isn’t too important to you, but your credit score should be. So, who IS checking your credit? That depends on what you – or your children – are shopping for, applying for or doing online. Just because you aren’t currently trying to get a mortgage or […]
First-Time Home Buyers Tend To Finance
That headline is not a big surprise at all. Of course, first-time home buyers tend to finance their home purchase! In fact, most buyers use bank financing to purchase a home, whether they’re first-time buyers or seasoned veterans. However, buyers purchasing their second or third home typically put a larger down-payment down. 14% is the […]
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These are a few of my favorite things 🎶 (Cue the music and bring in Julie Andrews...) 🎄
Smart home gadgets can help you simplify your celebrations and create lasting memories—plus, studies show they can increase your property value by up to 5%. Cha Ching! 🤑
Here are a few of our favorite uses for smart tech this season:
👨🍳 Effortless Entertaining
Make your gatherings unforgettable with smart lighting and voice-controlled music.
⭐ Upgraded Traditions
Enjoy movie nights with a smart projector, or create a dazzling outdoor display with ease.
🤖 Simplified home management
Keep your home spotless with a robot vacuum and manage deliveries with a smart doorbell.
🔒 Enhanced Home Security
Protect your home while you're away with smart security systems.
Check out our latest blog post to learn more about how smart home tech can increase your home value and to see our picks for the best gadgets for a stress-free holiday season.
🔗 [Lincoln Bio] 😏
#realestate #realestateagent #smarthometech #homeimprovements #propertyvalue](https://guthriegrouphomes.com/wp-content/plugins/instagram-feed/img/placeholder.png)
