Rates for home loans ticked up slightly, a reminder that the easy-money era for mortgages will likely have to end at some point. The 30-year fixed-rate mortgage averaged 4.20% during the April 25 week, Freddie Mac said Thursday. That was up three basis points during the week and marked the fourth straight weekly rise for the […]
Can I Refinance While Buying a Second Home? – Here Are the Mortgage Rules
As a buyer and a seller, you may be asking, “Can I refinance while buying a second home?” Maybe you’ve found a property that will be a killer investment at a bargain price. Or perhaps the beach cottage you’ve had your eye on for years just came on the market. Whatever the reason, if you’re considering applying for […]
America’s 10 Fastest-Gentrifying Neighborhoods: Buy While You Can!
When it comes to real estate, gentrification might just be the touchiest subject of all. In search of reasonable housing prices, short commutes, and the tantalizing prospect of a kick-ass return on investment, professionals are moving en masse into lower-income neighborhoods. But while these newcomers often rehab old and vacant homes and bring a […]