When it comes to resale value, not all home improvements are created equal. In fact, some can even decrease your home value. (Image credit: Getty Images) BY TERRI WILLIAMS Your home’s resale value is (or at least should be) an important factor to consider when renovating and making home improvements. Surprisingly, the two least expensive home improvement projects have a huge […]
Foreclosure Spike Unlikely as Owners Exit Forbearance
© fotog – Getty Images July 7, 2021 The national forbearance moratorium for federally backed mortgages is nearing an end on July 31. But most homeowners will exit with a payment plan in place, and a foreclosure spike that has any significant impact on the health of the housing market is unlikely, housing analysts say. About […]
30-Year Mortgage Rate Drops Below 3% Again
©thianchai sitthikongsak – Getty Images 30-Year Mortgage Rate Drops Below 3% Again July 2, 2021 Home buyers had another chance to snag lower rates this week. The 30-year fixed-rate mortgage averaged 2.98%, Freddie Mac reports. “Economic growth remains steady and is bolstering more segments of the economy,” says Sam Khater, Freddie Mac’s chief economist. “Although […]
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