Short-term rental sites such as Airbnb have changed the game for homeowners. Renting out your entire home—or part of it—is an attractive way to make extra cash. In fact, some developers are even building homes aimed at first-time home buyers with separate bed-and-bath areas designed to be rented out—a twist on the classic in-law suite. But how does […]
What Is a Homeowners Association? HOAs—Explained
What is a homeowners association? If you’re buying a condo, townhouse, or free-standing home in a neighborhood with shared common areas and amenities—such as swimming pools, tennis courts, parking garages, or even just the security gates and sidewalks in front of each residence—odds are high these areas are maintained by a homeowners association, or HOA. What is […]
Mortgage Rates Slump to 2-Year Low—but Consumers May Not Bite
Rates for home loans slid as investors snatched up bonds in the wake of an intensifying global trade war. The 30-year fixed-rate mortgage averaged 3.82% in the May 30 week, down from 3.99%, Freddie Mac said Thursday. It was the lowest level since September 2017 for the popular product, and its sixth-straight weekly decline. The 15-year […]
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