Resource One, News You Can Use! December 2022 Edition
By: Billy Clotere
What Is an APR? Annual Percentage Rate, Explained
By Audrey Ference Nov 28, 2022 (pawel.gaul/iStock) The annual percentage rate, or APR, is how much you’ll pay in interest and other fees when borrowing money (e.g., when you get a mortgage loan [...]
2023: The Year of the Homebuyer? Our Bold Predictions on Home Prices, Mortgage Rates, and More
By Clare Trapasso Nov 30, 2022 (Photo-Illustration by Realtor.com / Getty Images (4)) It’s safe to say we’ve never encountered a housing market nearly as unpredictable as the one we’re [...]
A Guide to USDA Loans: A 0% Down Payment, Low-Interest Mortgage More Homebuyers Should Consider Now
By Kimberly Dawn Neumann Nov 28, 2022 (Getty Images) With mortgage interest rates near 7% and home prices hovering at a national median of $425,000, many homebuyers might be wondering how they’ll be able [...]
Are Lower Mortgage Rates a Holiday Gift for Homebuyers—or a Temporary Reprieve?
By Clare Trapasso Nov 21, 2022 (Design by Realtor.com / Getty Images (2)) The drumroll of bad tidings in the housing market was interrupted last week by a glimmer of good news. [...]
Home Prices Will Fall in 2023, but Affordability Will Be at Its Worst Since 1985, Research Firm Says
By Aarthi Swaminathan Nov 16, 2022 (Getty Images) Home prices will fall by 8% next year, but high mortgage rates and a possible recession will continue to hurt affordability, a [...]
How to Seal Granite Countertops: Steps to Protect This Kitchen Surface
By Adriana Velez Nov 10, 2022 (SasinParaksa/iStock) The best way to seal granite countertops is a bit of knowledge that you’d better have if you’re a homeowner—that is, if this [...]
What Is a Bridge Loan? A Way to Buy a New Home Before You Sell the Old One
By Lisa Kaplan Gordon Nov 7, 2022 (Getty Images) As the name suggests, bridge loans offer a short-term loan or “bridge” that allows borrowers to purchase new real estate property [...]
Home Prices Would Need to Fall This Much For Buyers to Get a Break
By Clare Trapasso Nov 7, 2022 (Getty Images) Since home prices shot into the stratosphere, many first-time buyers have prayed for them to fall so that they could afford to become homeowners. [...]
The New Rules on Tapping Home Equity Today—and Some Common Mistakes To Avoid
By Meera Pal Nov 1, 2022 (Getty Images) Homeowners across the country are sitting on a record amount of home equity. Home equity refers to the difference between the current value [...]
