Most Recent Articles About Real Estate Tools
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Equifax Adds More Monthly Payments to Consumer Credit Files
Equifax is now offering additional insight into consumer credit by including certain telecommunications (telco), pay TV and utilities attributes available to the mortgage industry. The company says this will help create greater home ownership opportunities for more...
The rise of mortgage anxiety, and how to combat it
Source: The Spinoff --- With the cost of living front-of-mind for so many, ‘mortgage anxiety’ is on the rise. How do we make sure this doesn’t leave people feeling hopeless about their financial situation? Money isn’t everything. But for most of us, it’s easier to...
Additional Reading: Realtor Tools & Insights
What Real Estate Investors Need to Know About the 2% Rule
Source: Yahoo! --- There are several metrics you can use to evaluate whether a rental property investment has potential, including the 2% rule. The 2% rule in real estate dictates that a property’s rental income should be at least 2% of the purchase price....
The Difference Between a 3% and 7% Mortgage Rate: $1,000 Per Month
Source: NAHB --- As the Federal Reserve continues to fight inflation, mortgage rates increased rapidly in 2022, starting the year at 3% and rising above 7% before dropping back to roughly 6.5% at the end of the year. How do rapidly rising mortgage rates affect housing...
Questions to ask a Realtor before selling
Source: Bankrate --- The red-hot housing market is starting to cool, with sales volume — and list prices — following suit. Still, with the help of an experienced Realtor, there may be time to cash in on your home. But with so many real estate agents to choose from,...
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