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Location, Location, Location: How to Ensure You’re Buying a Home in the Right Community

When investing in a home, one of the most important things is buying a place that you and your family can feel comfortable in. However, while a place you can envision yourself in is important, it's not worth neglecting the neighborhood you'll be moving into for the perfect home. If you're wondering what you should be looking for in the neighborhood you choose, here are a few things to consider before making an offer on a home. Is It Safe? It may be common to feel bowled over by a home and want to invest immediately, but the right home…
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What’s Ahead For Mortgage Rates This Week – July 10, 2017

Last week's economic reports suggested that demand for homes is rising despite a jump in mortgage rates and rising home prices fueled by low inventories of homes for sale. Demand for homes rose by 1.40 percent as interest rates jumped after the 10-year Treasury rate rose by 10 basis points. Construction spending was unchanged in May as compared to a -0.70 percent reading in April. Although builders express high confidence in housing market conditions, construction spending continued to lag behind spending levels based on builder confidence readings. Home buyers received good news as major credit bureaus removed two key components…
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Exploring Tesla’s New Solar Roof Tiles – Are They the Ultimate Home Upgrade?

Tesla may have become the famous brand it is for the creation of the electric car in 2008, but it has since burgeoned into a company that has diverse ambitions for how we utilize energy. Recently, Tesla has moved into the business of solar roof panels, which have become a hot commodity on the market with their green ethos and energy savings. If you're curious about solar power and want to know the details on this product, here are some things to consider before buying in. The Details On Tesla's Solar Panels With the recent release of Tesla's solar roof…
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Budgeting 101: How to Plan Your Budget Around Your Monthly Mortgage Payments

If you've decided to invest in a home, you might be wondering how to make all of the expenses work. From the groceries to your mode of transportation, all of those little things can quickly add up. Fortunately, it's easy enough to ensure you have the money each month by carefully calculating your expenses and ensuring there's a little wiggle room in case of leaner times. Here are the details on how to begin with your mortgage budgeting plan. Calculate Your Monthly Payment Whether you've just purchased a home or are trying to determine if your dream home is right…
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Family Matters: The Pros and Cons of Selling Your Home to a Family Member

It can be a stressful experience to put your home on the market and wait for offers in the hope that you've priced it right. However, for those who are considering selling to family members, the sale of a home can be fraught with just as much stress before and after sealing the deal. If you're wondering if it's a good idea to sell to a family member, here are some things to consider beforehand. Providing A Discount Whether you're selling to a sibling or a child, you may be considering offering the home at a discount to help them…
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What’s Ahead For Mortgage Rates This Week – July 3, 2017

Last week's economic news included Case-Shiller Home Price Indices, pending home sales and inflation. Weekly readings on mortgage rates and new jobless claims were released along with a reading on consumer sentiment. Case-Shiller and pending home sales readings suggested that recent rapid growth in home prices and home sales may be easing. High demand for homes coupled with low inventories of homes for sale has created an artificially high rate of home price growth and competition among buyers for a limited number of homes. Home Price Growth Rate, Pending Home Sales Slow Case-Shiller Home Price Indices for April showed lower…
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