When Should I Refinance?

It makes sense to refinance a home when it will save you money or make paying your monthly bills easier. Some experts say you should only refinance when you can lower your interest rate, shorten your loan term or both. But it depends on your situation. Some homeowners may need short-term relief from a lower […]

Read More When Should I Refinance?

Why Are Home Prices Rising So High? Blame Record-Low Mortgage Rates

From: Realtor.com When the coronavirus pandemic gutted the strongest U.S. economy, many assumed another recession would bring rock-bottom home prices along with it. Instead, home prices defied logical assumptions—and soared to new heights. Paradoxically enough, one of the biggest drivers of the double-digit price hikes is the very same record-low mortgage interest rates that put […]

Read More Why Are Home Prices Rising So High? Blame Record-Low Mortgage Rates

Three Ways to Win in a Bidding War

With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put your best foot forward – quickly and efficiently – if you’re planning to buy a home this season. […]

Read More Three Ways to Win in a Bidding War