There are many ins and outs involved in securing a mortgage lender, and as a result there are many offers and options out there which are only around to take advantage of prospective homebuyers. If you’re on the lookout for a home and are trying to wade through all the details successfully, here are some things you may want to be aware of.
Fed Monetary Policy: No Rate Increase in June
According to its post-meeting statement issued Wednesday, the Federal Open Market Committee of the Federal Reserve voted not to increase its target federal funds rate. The target federal funds rate will remain at 0.250 to 0.50 percent.
The Pros and Cons of Buying a Second Home to Rent
With the ever-fluctuating cost of housing, buying into real estate can be one of the best investments a person can make. However, a lot of important factors can be left out of the final decision when it comes to purchasing a home as rental property. If you are taking the initial steps to invest in a second home, here are some important things to consider before you make the financial commitment.
Boomerang Home Buyers: 4 Things to Consider Before Stepping Back into Homeownership
Whether you’ve gone back to renting for the sake of money saving or recently downsized to a more compact space, the idea of owning a home can be a big responsibility that may require more than you’re willing to give. If you’re considering jumping back into the fold of home ownership, here are a few things to contemplate before re-entering the market.
What’s Ahead For Mortgage Rates This Week – June 13, 2016
Last week’s economic news was highlighted by Fed Chair Janet Yellen’s speech in Philadelphia. Although Chair Yellen alluded to future Fed rate hikes, she did not specify when Fed policymakers would next raise the target federal funds rate.
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