What Is a Mortgage Rate Lock? The Key to Scoring a Cheap Home Loan
By Cathie Ericson May 7, 2023 (imaginima/iStock) When you lock your doors at night, you think, “Phew, I’m safe!” Locks mean safety. Locks mean security. And it turns out the same is true in the world of home loans, where you may encounter the term “mortgage rate [...]
High Tides, Low Prices: America’s 10 Most Affordable Beach Towns for Homebuyers in 2023
By Evan Wyloge May 8, 2023 (Getty Images) Is this familiar? It’s the last day of your vacation, ocean water laps your feet, and the sound of the rhythmic waves holds you in a trance. Then, as sunset gives way to twilight, a thought swims into [...]
Learning the Lingo: Architectural Styles of Homes Defined
By Maureen Dempsey Apr 24, 2023 (Photo courtesy of popchart.co) OK, let’s get this straight: Craftsman isn’t just the brand name of the tools out in the garage, and Cape Cod isn’t just a fabulous vacation spot. We understand your confusion and feel your pain. There’s [...]
My Offer Was Accepted — Now What?
By Craig Donofrio Apr 25, 2023 (Getty Images) Having your offer accepted feels great—but for most home buyers, it’s just the beginning. There is still a lot more to be done before you’re over the threshold of your new home. Here’s a rundown of what comes [...]
How To Buy a House With No Money Down
By Kathleen Willcox Apr 25, 2023 While a 20% down payment is a benchmark everyone would like to strive for, it certainly isn’t the norm. According to a recent report from the National Association of REALTORS®, almost half of consumers think they need to pay a minimum of 16% of [...]
What Is a Seller’s Market? A Tough Road for Homebuyers
By Daniel Bortz Apr 20, 2023 (Travis Dove for The Washington Post via Getty Images) Simply put, a seller’s market is a market where there are more homebuyers than sellers. Based on basic laws of supply and demand, this means sellers have the upper hand: They [...]
