Are you planning on using a mortgage to help cover the cost of a new home? If so, you will want to prepare your finances and figure out how you will manage all those wallet-draining monthly expenses. Let’s take a look at how to run a quick financial health check to ensure you are ready to apply for a mortgage.
What’s Ahead For Mortgage Rates This Week – February 25th, 2019
Last week’s economic news included readings on homebuilder confidence in housing market conditions, minutes of January’s Federal Open Market Committee meeting, and existing home sales reported by the National Association of Realtors(R). Weekly readings on mortgage rates and new jobless claims were also released.
FOMC Meeting Minutes: Why Fed’s Rate Policy Reversed Course
After raising the target range for the federal funds rate in 2018, the Fed’s Federal Open Market Committee did not raise the Central Bank’s key interest rate at its meeting of January 29 and 30. While Committee members did not raise the Fed’s key rate, members were divided on the interest rate decision.
Inexpensive Updates That Will Appeal To Buyers
While you could spend tens of thousands of dollars or more completing a home makeover, there are more than a few budget-minded ideas that you may consider.
5 Simple Tips To Make Your Home Showings Easier
Your real estate agent will likely give you 24 hours’ notice before bringing over interested buyers to see your home. Sometimes eager buyers may request less of an advance, or even ask for a last minute showing.
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