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Why Are There Not Enough Homes for Sale?
What is up with 32-year-olds messing up our housing inventory? It’s true that our current housing inventory issues can be affected by first-time homebuyers. Today, I want to break this down so you can understand what is going on in the real…
Interest Rates are Going Up: What it Means for Home Buyers
After many years of low interest rates, we are starting to see increases in the mortgage rates. As inventory stays low and demand continues to hold strong, is it likely that interest rates will continue increasing? If you’re thinking about buying or…
Why Sellers Call the Shots in the Current Market
It is a seller’s market where they can call the shots with appraisals, inspections, and no concessions, while buyers have to agree in order to win a bid on a house. So why do sellers have the advantage? And how can you…
Should You Worry about Interest Rates Going Up?
In recent years, we’ve seen a lot of ups and downs with interest rates for home loans. Right now, rates are going up, which means that you can expect higher interest costs now compared to a year ago. Will these rates continue…
Paying Off Your Home – Leveraging Amortization
You’re making mortgage payments, but ultimately the goal is to pay the loan in full so you have a place to live without a monthly payment. Every time you pay the mortgage, part of the payment goes towards interest costs and the…