Real Estate Agent Tools

Paying Cash for Your Home Is a Bad Idea for These 4 Reasons

Paying Cash for Your Home Is a Bad Idea for These 4 Reasons

Source: The Motley Fool --- After rock-bottom interest rates during the first phase of the COVID-19 pandemic, the mortgage chickens have finally come home to roost. In October 2021, the average U.S. mortgage interest rate for a 30-year fixed-rate mortgage was just...

Options available to offset higher mortgage rates

Options available to offset higher mortgage rates

Source: Salem News --- American homeowners are feeling the pinch as the Federal Reserve continues to ratchet up interest rates to combat inflation. The average rate for a 30-year fixed rate mortgage rose above 6% this month for the first time since 2008, putting both...