07 Sep 2018
By Aadil Nathoo

Creative Storage Tips When Downsizing Your Home

Real Estate, ,
Downsizing at any stage of life can offer multiple benefits. Less square footage may come with a smaller price tag and usually means less space to clean. However, when downsizing a home, there's usually the question of what to do with everything. That's when creative storage ideas become essential.  Before Downsizing, Take Stock Before selecting the best storage options, it's important to first take stock of all personal items, from furniture to clothing, kitchen gadgets, and keepsakes. Sort into items to keep, donate, discard, and place in long-term storage. Long-term storage may mean investing in a self-storage unit to hold…
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06 Sep 2018
By Aadil Nathoo

4 Things You Should Know About Conventional Mortgage Rates

Mortgage, ,
Securing the best conventional mortgage rate possible can pose a challenge for even veteran property buyers. Your mortgage rate will be determined by a variety of factors that pertain to your unique financial portfolio as well as economic forces. While no one has full control over all of the things that influence the process, understanding the manageable aspects can improve your negotiation position when securing a conventional mortgage. Consider these four things that impact how conventional mortgage rates are determined. 1: Credit Is King A borrower's credit score has a tremendous impact on the final mortgage rate. The general rule…
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05 Sep 2018
By Aadil Nathoo

Does Private Mortgage Insurance Make Sense For You?

Mortgage, ,
If you are reading this article, it's entirely possible that you are considering buying a home. It's also likely that you are weighing certain financial options between a sizable down payment or taking on the expense of mortgage insurance. It's important to understand that private mortgage insurance (PMI) helps mitigate the lender's risk. It has little benefit to the homeowner, other than help facilitate the mortgage approval process. Home buyers would be well advised to understand the complexities of PMI because not everyone needs or can afford the additional cost. Do You Need PMI? PMI reduces the lending institution's loss…
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04 Sep 2018
By Aadil Nathoo

What’s Ahead For Mortgage Rates This Week – September 4th, 2018

Financial Reports, ,
Last week's economic releases included readings from Case-Shiller on home prices, pending home sales and consumer sentiment. Weekly readings on mortgage rates and first-time jobless claims were also released. Case-Shiller: Home Price Growth, Pending Home Sales Dip Home price growth slowed in June according to Case-Shiller's national home price index. Home prices rose 0.30 percent from May and were 6.30 percent year-over-year as compared as compared to 6.40 percent. In May. Analysts have predicted stabilizing home prices for months and June's reading indicated that home prices may slow after surpassing inflation and wage growth in recent times. The 20-City Home Price…
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