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Homes for Sale in New York and New Jersey
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You Love Your Native Garden. But Will Buyers Love It Too?
Image Caption: In Silver Spring, Md., Evan Morier replaced much of his lawn with densely planted native perennials and grasses with high wildlife value. Then he put the home on the market.
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Mortgage Rates Hold Steady Despite Worst Inflation Since 2023
It feels like we’re repeating history, and not the pleasant kind. Inflation readings came in at their worst since 2023, which incidentally was when the 30-year fixed seemed to peak this cycle around 8%. But this time around, mortgage rates are holding steady, seemingly undeterred by the rapid price increases. As for why, it might… Read More »Mortgage Rates Hold Steady Despite Worst Inflation Since 2023
The post Mortgage Rates Hold Steady Despite Worst Inflation Since 2023 appeared first on The Truth About Mortgage.
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$525,000 Homes in California, Indiana and Florida
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Total Interest Exceeds Your Home Price Once Mortgage Rates Are Above 6.4%
With mortgage rates above 6.50% these days, the average home buyer today actually pays more in interest than the purchase price. For example, a $400,000 home with 20% down and a 6.5% interest rate equates to $408,000 in total interest over 30 years. And that’s if you put down 20%. Many home buyers do not… Read More »Total Interest Exceeds Your Home Price Once Mortgage Rates Are Above 6.4%
The post Total Interest Exceeds Your Home Price Once Mortgage Rates Are Above 6.4% appeared first on The Truth About Mortgage.
3801 Electric Road SW
Roanoke, VA 24018
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