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Are Reluctant Home Sellers Too Attached to Their Low Rates?

Are Reluctant Home Sellers Too Attached to Their Low Rates?

Source: Nerdwallet ---  You’ve heard of golden handcuffs. That’s when a company compensates you generously to discourage you from taking a job elsewhere. Some of us restrain ourselves with another type of golden handcuffs: low mortgage rates. Economists dub the...

How to sidestep a tax bomb when selling your home

How to sidestep a tax bomb when selling your home

Source: CNBC --- With soaring prices and record home equity, you may expect a profit from selling your property. But the windfall may trigger an unexpected tax bill next April.  While home profits dipped slightly, the typical single-family seller still scored a...

Why Rising Mortgage Rates Push Buyers off the Fence

Why Rising Mortgage Rates Push Buyers off the Fence

Source: Keeping Current Matters --- you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about...