From when the Federal Reserve increased rates for the first time in nearly a decade, in Dec. 2015 to mid-Feb. 2016 mortgage rates decreased to the lowest level in 3 years. We carefully examined why the mortgage rates would decrease after a Federal increase, and since the downward mortgage-rate trend is continuing, here’s a refinance-reference guide. 2016 rate outlook…

Spring is almost here, and soon it will be home selling season. You will only get one chance to make a good first impression in real estate and if you want to stand out from the competition, maximize your sale price and sell quickly, your house needs to go on the market in tip top condition. As soon as the…

Buying a home is an emotional experience – it can be exhilarating, thrilling and even stressful. When the time comes to sign the paperwork, don’t be surprisedif you feel butterflies in your stomach, or even nauseous. You are likely making the biggest financial decision of your lifetime; hence it is perfectly normal to feel anxious about buying a home. Nevertheless,…

Managing money can be challenging enough on your own. You should take into consideration the following points before merging finances with your significant other. Whether you have recently moved in with your significant other or you are a newlywed, you there’sa lot to decide about the best way you should handle your household finances. Figuring out how you will divide…

Technology ismaking the process of getting a home loan more efficient than ever before, but can it remove the paper trail completely? Advances in technology have essentially re-invented TV, music, mobile phones and most other industries in the past 10 years. Currently advancesin technology are finally starting to modernize the mortgage process. As the tech savvy millennial generation prepares to…

You want a cottage by the sea, a chalet by a ski run or a lodge in the woods. But vacation homes are quite expensive, and most of us don’t have the time to care for a second home in addition to our primary residence? So, here is an idea: Split the financial obligations with a family member or friend!…

In tough real estate markets, buyers might take a gamble on a home that’s not listed. Here is how you should handle an out of the blue offer. It is the unexpected envelope in the mail or knock on the door. A complete stranger says he/she wants to buy your home, and for a wonderful price. It’seven quite common for…