Waiting around for a good mortgage rate can make you feel a little like a ballplayer who’s been warming the bench—except there’s no coach to tell you when to get in there and play.
It’s up to you to decide if the timing and terms of any new loan are right for you.
If you’ve been sitting on the sidelines for a while, wondering when and if to jump in and refinance, you’ve probably noticed that mortgage rates are fluctuating with economic news but are still lower right now than they have been since late 2016. Simply put, right now the market’s hot, and it might be time to start the mortgage refinancing process.Read more
Lean how the current real estate trends are influencing the housing market with the expert advice of Compass Sales Manager Michael Schwartz.Read more
Americans are a migratory bunch. We move for job opportunities, to be closer to the city (or farther), to be closer to family (or farther), or just because we love to adventure. Especially for young professionals, the lure to move to where the action is can be strong.
But the dream of owning a trendy loft in the heart of a big city doesn’t always come cheap. If relocation is in your future, here’s a look at the latest figures by the National Association of REALTORS© (NAR) on approximately how much income is needed to purchase a home in 10 big cities—the most expensive, and the least.
The honest answer to “How much salary may I need to buy a home?” is really an open question that depends partially on the cost difference of items on your “must-have” list, and that can include the type and size of home, the amount of land, the location, and a host of other factors.Read more