Source: Fortune — There’s no doubt about it: Soaring mortgage rates are an economic shock to the U.S. housing market. Over the past month alone, the average 30-year fixed mortgage rate has spiked from 3.11% to 5.11%. It’s both pricing out some...
Most people have a place they go to or an activity they engage in that helps them move into peacefulness, serenity, and resolve. They can spend time happily away from exterior societal pressures. I refer to that state of being as their “Mental Hobby Shop,”...
Source: Reuters — OTTAWA, April 21 (Reuters) – Canada’s ruling Liberals are eyeing more measures to curb housing speculation after introducing a foreign buyer ban and heftier taxes on property flippers in their budget earlier this month, the housing...
Source: The Motley Fool — The short answer: It depends. When you buy your first investment property, one important decision you need to make is whether to hire a property manager to find tenants and run the day-to-day operations, or to self-manage your...
Source: US News — If you want a custom-built home this year, don’t expect to move in anytime soon. “Right now, (building) a new house can take 12 to 18 months,” says Jeff Taylor, founder and managing director of Mphasis Digital Risk, a firm providing technology...
Source: Keeping Current Matters — Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to...