Freddie Mac reports that the average rate for a 30-yr fixed mortgage is at 3.51%. To obtain that rate a borrower would have to pay 0.7 in points and fees.
Real Estate with Tyson- Thinking of Selling Your Home? Why You Need A Pro in Your CornerWith home prices on the rise and buyer demand strong, some sellers may be tempted to try and sell their homes on their own (FSBO) without using the services of a real estate professional. Real estate agents are trained and experienced in negotiation and, in most cases, the seller is not. Sellers must realize that […]
- Buying a Home Is Cheaper Than Renting in the Majority of the USThe results of the 2018 Rental Affordability Report from ATTOM show that buying a median-priced home is more affordable than renting a three-bedroom property in 54% of U.S. counties analyzed for the report. The updated numbers show that renting a three-bedroom property in the United States requires an average of 38.8% of income. The least affordable market f […]
- Home Buying Myths Slayed [INFOGRAPHIC]Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months! The credit score requirements for mortgage approval continue to fall.
- Thinking of Selling Your Home? Why You Need A Pro in Your Corner
