07
Sep
By Jim Hasek
Around The Home, ,

Ways That You Can Go Greener On Your Home Improvement

Making your home improvement projects more environmentally friendly is a great way to reduce your carbon footprint and help protect the planet. Here are some ways you can go greener on your home improvement projects: Use eco-friendly materials: Consider using materials that are made from sustainable and renewable resources such as bamboo, cork, or recycled materials. These materials not only have a lower impact on the environment but can also add a unique touch to your home. Choose energy-efficient appliances and fixtures: When choosing appliances and fixtures for your home improvement project, look for those that are Energy Star rated.…
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05
Sep
By Jim Hasek
Financial Reports, ,

What’s Ahead For Mortgage Rates This Week – September 5, 2023

Last week’s economic reporting included readings on inflation, consumer sentiment, and weekly readings on mortgage rates and jobless claims.    Inflation Rates Are Similar in August Month-to-month, the inflation rate holds relatively steady at 3.18 percent. This is slightly up when compared to 2.97 percent last month; however, it is significantly lower than the rate of 8.52 percent last year. When compared to the long-term average, inflation is trending in the right direction, as the long-term average is 3.2 percent. Inflation rose at a pace of 0.20 percent in July and met analysts’ expectations. There was no change in the…
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01
Sep
By Jim Hasek
Mortgage, ,

Understanding the Mechanics of a HELOC Loan

For many homeowners, a Home Equity Line of Credit (HELOC) can be an attractive financial tool, offering a flexible way to access funds while leveraging their property's equity. A HELOC works differently from a traditional home loan or mortgage, providing borrowers with a revolving credit line that they can draw from as needed. What is a HELOC? A Home Equity Line of Credit is a type of loan that allows homeowners to borrow against the equity they have built in their property. Equity is the difference between the home's current market value and the outstanding mortgage balance. HELOCs are typically…
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31
Aug
By Jim Hasek
Mortgage, ,

Buying Vs. Building a House

Deciding whether to buy or build a house can be a complex decision that depends on several factors. Here are some pros and cons to consider: Pros of Buying a House: Convenience: Buying a house is generally quicker and more convenient than building one. You can move in as soon as you close the deal, without having to wait for construction to be completed. Location: When you buy a house, you have the opportunity to choose a home in an established neighborhood with existing amenities such as schools, parks, shopping centers, and other essential services. You can choose a location…
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30
Aug
By Jim Hasek
Mortgage, ,

How to Save The Most Money When Buying a House

Buying a house is one of the most significant financial decisions in one's life, and it's essential to make smart choices to save money during the process. While purchasing a home can be expensive, there are several strategies you can implement to maximize your savings and make the most of your investment. Here are some valuable tips on how to save as much money as possible when buying a house: Research and Compare Mortgage Options: When considering a mortgage, do thorough research to find the best interest rates and terms available. Compare offers from multiple lenders and don't be afraid…
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28
Aug
By Jim Hasek
Real Estate Tips,

Buying for Retirement: 3 Reasons Why You’ll Want to Buy Your Retirement Home Before You Retire

Many people dream of buying their ideal retirement home after their career has come to a conclusion - with all that extra free time it seems like it'd be the most logical time to shop around. However, many real estate professionals strongly recommend that their clients find a retirement property before they're off the payroll. While it may seem like a big time commitment to find a new home while you're still busy with your work there are several significant financial benefits to purchasing your retirement home before you actually do retire. Here are our top reasons why. It Makes…
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