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Should You Buy A Fixer Upper?

Popular TV shows like Fixer Upper and Property Brothers have brought the charms of owning a fixer upper to light. A fixer-upper can be a great option if you are prepared for the experience of owning a house that needs work and time. A house that needs work can be a great investment if you are ready to invest the time and money into it. On the other hand, buying a fixer upper might be a problem if you are not aware of what you are getting into. Not sure if owning a fixer upper is worth it? Here are…
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What’s Ahead For Mortgage Rates This Week – October 2, 2017

Last week's economic reports included Case-Shiller's Home Price Indices, readings on new and pending home sales and Freddie Mac 's weekly mortgage rates report. Weekly jobless claims and reports on inflation and core inflation were also released. Case-Shiller Home Prices Rise in July; New and Pending Home Sales Lower in August According to Case-Shiller July Index reports, national home prices rose at a rate of 5.8 90 percent on a seasonally-adjusted annual basis as compared to June's reading of 5.80 percent. The top three cities in the 20-City Home Price Index were Seattle, Washington, Portland, Oregon and Las Vegas, Nevada.…
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5 Key Maintenance Tasks to Prepare Your Home for the Winter

The days are getting shorter, the temperature is dropping and the kids are heading back to school. The approach of autumn means that winter is just around the corner. The question is – is your home ready? Break out your checklist and let's run through five key maintenance tasks that will get your home prepared to face the winter. Pack Up And Protect Your Outdoor Furniture Unfortunately, the arrival of winter means that the patio has to be closed up for the season. It's time to get chairs, tables and other furniture covered up or stored if you have space.…
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Pay Your Mortgage Off Faster With These Money-Smart Strategies

As with any loan or line of credit, there are benefits to getting your mortgage paid down. You'll pay less in interest, potentially saving thousands over the repayment period. Moreover, you'll own your home outright that much quicker. Let's explore four money-smart strategies that will help you to pay your mortgage off faster. Start With The Obvious And Increase Your Payments It won't come as a surprise that one of the easiest ways to get your mortgage paid off is to increase the amount you put towards your monthly payments. Most lenders will allow you to place any extra funds…
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Case-Shiller: Home Prices Higher in July, Home Prices May Have Peaked

Case-Shiller reported higher sales of new homes for July; the national reading for new home sales increased by 0.10 percent to a seasonally-adjusted annual rate of 5.90 percent. The 20-City Home Price Index rose by 0.20 percent to 5.80 percent on a seasonally adjusted annual basis. Seattle Washington held the top spot in the 20-City Index with a growth of 13.50 percent year-over-year. Seattle home prices are growing faster than home prices in Portland Oregon, which reported a year-over-home price growth rate of 7,60 percent. Dallas, Texas lost its third-place standing in the 20-City Index to Las Vegas, Nevada, which…
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