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Read Before You Refi: 5 Tips For A Higher Home Appraisal

If you’re hoping to refinance the mortgage on your home, there’s one big roadblock between you and that lower rate: the home appraisal. If your appraisal is low, you might not be able to refinance at all, or you might be facing less-than-optimal loan terms, including potentially paying for private mortgage insurance. If your appraisal […]

7 Things Buyers Should Never Overlook At Open Houses

When you’re on the hunt for a new house, weekends spent touring open houses can quickly veer from fun to daunting by house number three. Keeping track of which home had that great kitchen (but terrible master bath) versus the home with a terrible backyard but a great floor plan can be tough. And while […]

Mortgage Rates: Trending Down Going Into Homebuying Season

Mortgage rates fell to 3.61 percent on an average 30-year fixed loan, down from 3.66 percent last week. Rates have held below 4 percent all year and have been trending lower since March, giving house hunters a leg up going into peak home-buying season. A year ago, a 30-year, fixed-rate mortgage averaged 3.80 percent, according to […]

Pending Home Sales Rise 1.4% In March

The number of contracts signed to buy previously owned homes rose 1.4% in March to hit its highest level in nearly one year, but the National Association of Realtors warned Wednesday that prices in the West have risen so high that demand is actually cooling. NAR’s Pending Home Sales Index, which tracks contract signings (as […]