The federal funds rate, which is set by the central bank, is the interest rate at which banks borrow and lend to one another overnight. Although that’s not the rate that consumers pay, the Fed’s moves still affect the borrowing and saving ...View More
Many members of Generation Z (Gen Z) are aging into adulthood and deciding whether to rent or buy a home. If you find yourself in this group, it’s important to understand you’re never too young to start thinking about homeownership. The sooner you start planning, the sooner you can move ...View More
In this fast paced seller's market, buyers need to be ready with a
preapproval letter in hand. Many sellers won't even consider your
offer if you don't have one.
A mortgage preapproval is a lender's offer to loan you a certain
amount under specific terms. Having ...
Many buyers choose to purchase a home inspection soon after making an offer on a property to gather more information on the health, safety, and major mechanical conditions of a home they are planning to buy. The primary intent of the home inspection is to help the buyer(s) identify ...View More