Last week’s economic news included readings from Case-Shiller on home prices, the National Association of Home Builders Housing Market Indices, and sales of previously-owned homes. Readings on housing starts and building permits issued were released. Weekly reports on mortgage rates, new and continuing jobless claims were also published.
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The internet has changed how many people shop for a home and one of the most important issues that people will face is whether to fill out a home loan application online or offline.
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Recently, the local region’s subcommittee held a meeting using videoconferencing and discussed a new version Home Buyer Assistance Program. The Home Buyer Assistance Program has been designed to help first-time homebuyers by providing a down payment of up to $25,000. The funding for the Home Buyer Assistance Program is going to come from the city’s reparations fund.
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As exciting as selling a home should be, there’s no denying that it can be a stressful endeavor for those interested in making their home an attractive option for buyers.
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Many homeowners are unaware that dry rot is even setting in, so the first step toward prevention is being able to diagnose possible areas of exposure before dry rot becomes a major renovation expense.
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Last week’s scheduled economic news included readings on inflation and retail sales. Weekly reports on mortgage rates and new and continuing jobless claims were also released. In other news, the FHFA announced an increase in fees charged by Fannie Mae and Freddie Mac for home loan refinance transactions.
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Homes are more than just a building. They are filled with memories of children taking their first steps, holidays that were celebrated with family members and friends, and Super Bowl parties filled with smiles and cheers.
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When making plans for a fun-filled vacation, you shouldn’t forget implementing certain home security measures to ward off thieves.
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The COVID-19 pandemic has taken the world by storm. Millions of people all over the world have been infected and businesses have ground to a halt. During this time, it is important for everyone to take a breath, pause, and look at their insurance policies.
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While businesses have fallen on hard times during the past few months, there are signs that the economy is going to start to recover quickly. This could mean that homebuyers are entering the market again as well.
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