On the House: What Is an Assumable Mortgage and How Much Money Can It Save Homebuyers?
Clare Trapasso/ Feb 6. 2024 (Realtor.com / Getty Images) Everyone talks about assumable mortgages and how they can offer homebuyers 3% and 4% mortgage rates. What are these loans and how can I find one? Assumable mortgages seem to be all the rage these days—if you’re [...]
6 Reasons Why It Makes Sense to Sell a Home Right Now – Before Spring Rush
By Jillian Pretzel Feb 5, 2024 (Getty Images) Thinking about selling your house in 2024? While many home sellers wait until spring to put their property on the market, there are some distinct advantages to getting ahead of the curve this year and listing sooner rather [...]
4 Smart Strategies to Pay Off Your Mortgage Fast (Without Going Broke)
By Deborah Kearns Jan 23, 2024 (Getty Images) For most of us, there’s an implicit understanding that buying a home will nearly drain your bank accounts. You’ll shell out for the down payment, the home inspection, and—just when you think you’re done—the closing costs. OK, you’re forking over a ton [...]
Should You Prepay Your Mortgage? Here Are the Pros and Cons
By Daniel Bortz Jan 22, 2024 Photo-illustration by Realtor.com. Source: Getty Images) Should you prepay your mortgage? For some homeowners it’s a financially savvy move—but for others, beefing up their loan payments just doesn’t make sense. To help you figure out whether prepayment is right for you, [...]
Should You Do Home Upgrades Now or Right Before You Sell?
By Cathie Ericson Jan 29, 2024 (Mint Images/Getty Images) Home sellers are often told to make upgrades to their house before they sell. But when is the best time to get those home improvements underway, in terms of scoring the best ROI? It’s a tough balance to [...]
Finally, America’s Home Inventory Is Rising: Here’s Where It’s Grown the Most
By Evan Wyloge Jan 23, 2024 (Photo-illustration by Realtor.com. Source: Getty Images) Anyone who shopped for a house last year grappled not only with high mortgage rates, but also another equally vexing problem: very few homes for sale. These two problems were connected, of course. High [...]