Monthly Archives: March 2015

Mortgage Rates Drop Even Lower This Week

For the second consecutive week, mortgage rates continued to fall, with the 30-year fixed-rate mortgage still well below 4 percent and 15-year rates dipping below 3 percent, Freddie Mac reports in its weekly mortgage market survey. “Low mortgage rates are a welcome sign for those in the market to buy […]

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Why Age 61 Is Important to Real Estate

By age 61, the majority of people feel free to choose where they most want to live, according to a new study by Merrill Lynch, “Home in Retirement: More Freedom, New Choices.” “Throughout most of people’s lives, where they live is determined by their responsibilities,” according to the report. “Most […]

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Solar Panels Can be a Deal Killer

Studies have suggested that the addition of solar panels on a home┬ácan boost a home’s value. But sometimes those solar panels can sabotage a deal when it comes time to sell. More companies are offering home owners a contract to lease solar panels where they pay no upfront costs for […]

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Why Renters May Be in Trouble

The gap between rental costs and household income is widening to unsustainable levels across the country. As more renters face steeper costs, it may put them even further away from home ownership, according to a new study released by the National Association of REALTORS┬«. NAR evaluated income growth, housing costs, […]

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