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5 things to consider if you’re choosing between a 15-year and a 30-year mortgage

5 things to consider if you’re choosing between a 15-year and a 30-year mortgage

by Third Party | Sep 11, 2022 | Mortgage Information, Real Estate Agent Tools, U.S. Housing Market

Source: CNBC —  One of the most important parts of taking on a mortgage to buy a house is making sure the terms of the loan best suit your financial needs. Not only does this involve securing the lowest interest rate possible, it also means choosing the right...
What Is Dual Agency In Real Estate?

What Is Dual Agency In Real Estate?

by Third Party | Sep 11, 2022 | News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Quicken Loans —  Whether you’re buying or selling a home, it’s a good idea to work with a real estate agent. These trained professionals have valuable experience they can leverage to help make your purchase or sale go as smoothly as possible. Usually,...
Make an offer — something real estate agents haven’t said in a long time

Make an offer — something real estate agents haven’t said in a long time

by Third Party | Sep 11, 2022 | Industry Updates, Real Estate Agent Tools, U.S. Housing Market

Source: WTop News—  For the first time in nearly 18 months, the average home sold for less than list price in August, according to a market analysis by real estate company Redfin. Not a lot less, and not enough to raise a red flag for the “sell side” of the...
Liz Weston: Should you tap your home equity as real estate values rise?

Liz Weston: Should you tap your home equity as real estate values rise?

by Third Party | Sep 10, 2022 | Mortgage Information, Real Estate Agent Tools, U.S. Housing Market

Source: Oregon Live —  Soaring real estate values mean many homeowners are awash in equity — the difference between what they owe and what their homes are worth. The average-priced home is up 42% since the start of the pandemic, and the average homeowner with a...
Current Refinance Rates: September 6, 2022—Current Refinance Rates Inch Down

Current Refinance Rates: September 6, 2022—Current Refinance Rates Inch Down

by Third Party | Sep 10, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: Forbes —  The rate on a 30-year fixed refinance decreased today. The average rate on a 30-year fixed mortgage refinance is 6.04%, according to Bankrate.com, while the average rate on a 15-year mortgage refinance is 5.22%. On a 20-year mortgage refinance,...
Everything to know about reverse mortgages

Everything to know about reverse mortgages

by Third Party | Sep 9, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: CBS News —  If you’re struggling with the rising costs of inflation, tapping your home equity may provide some relief. With products like cash-out refinances, home equity loans or HELOCs, you can turn that equity into cash and use it for any...
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