Refinance If you haven’t yet refinanced your mortgage or home equity loan to take advantage of today’s low interest rates, there’s still time to lock in a great deal. Jay Brinkmann, chief economist for the Mortgage Bankers Association, expects mortgage rates to rise to 4.8 percent in 2015, and to 5.4 percent by the end… Read More
Mortgage and Finance
An IRA for Real Estate?
Real Estate As An Individual Retirement Account Investment If you think the stock market is overvalued, you’ve been disheartened by the relatively low rates of return offered by your traditional fixed income investments or you need to diversify your retirement portfolio, you can open a self-directed Individual Retirement Account (IRA) that invests in real estate…. Read More
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Buying a Home – How Much Should You Offer?
Here’s what you will need to consider. First and foremost you will need recent, accurate comparables. Make sure this information is clear to you and that you understand how much weight to give each element. RE: the home you are considering purchasing: Is the asking price in line with prices of similar homes in the… Read More
