Rocket Mortgage, today announced BUY+, a collaboration with sister company Rocket Homes that it alleges keeps cash in consumer’s pockets. Clients who obtain purchase financing from Rocket Mortgage and find a home with the help of a Rocket Homes Partner Real Estate Agent, will receive a credit equal to 1.5% of their loan amount to put […]
The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps show the general relationship […]
Looking to purchase a new home? We have good news for you… builder incentives are starting to return. What are builder incentives? Discounts, free upgrades, rate buy downs and seller paid closing costs – are some of the incentives offered to buyers by new home builders. These incentives can certainly save you money and are […]
A new trend in home buying shows women are ditching the traditional custom that marriage should precede homeownership. In 2021, single women made up 19% of homebuyers, while single men accounted for only 9% of homebuyers. Since 2010, there has been a 30% increase in the number of single women purchasing homes. While this trend is encouraging in terms […]
Many renters feel buying a home is an impossible dream. But consider this: A landlord expects to make a profit after paying the mortgage, taxes, insurance, repairs and other expenses. The landlord’s only income for the rental property is the rent paid by the tenants. As time goes on, and the value of the property […]
You should be especially interested in this tactic if you don’t plan to live in the home for more than 5-10 years, or if you’re looking to purchase using an FHA loan with less than 20 percent down.. Mortgage rates have risen by over two percentage points since the start of the year. The average 30-year […]
The spring housing market is in full swing, and demand remains strong. While it has never been easier or more profitable to sell a home, buyers are less optimistic. For months now, homebuyers have been challenged by the scarcity of available homes, the bidding wars that ensue, and the possibility of being priced out of […]
Thinking about moving to Ohio? Consider the great city of Columbus! If you are looking at relocation to Columbus, Ohio, keep reading to learn what all the buzz is about. Columbus is forecasted to be the 5th hottest housing market in 2022. Central Ohio asking prices and transaction volumes are predicted to be double the national average, […]
For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price. Buyers would then try to determine how much less than the full […]
A real estate startup wants to help renters become homeowners. Bilt Technologies has teamed with Evolve Bank & Trust and Mastercard to launch a credit card that enables cardholders to accumulate reward points through rent and other spending, with no fees charged to the tenant or the landlord when paying rent on the card. Rewards […]
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