The monthly mortgage payment can be burdensome for many, but it's possible you've thought of trying to pay it down more quickly. Without getting a new job or working overtime, here are some tips you can use on a daily basis to save additional funds and pay off your mortgage at a swifter rate. Make Your Lunch The five or ten dollars spent on lunch might not seem like a lot, but over time this amount adds up to a lot of savings. Instead of hitting the cafe, pick one or two nights each week to prepare a lunch for yourself so you can skip the daily expense. Take A Coffee To Go Like lunch, coffee … [Read More...]
There are a lot of different factors that go into selling a home for the first time that can make it a stressful process, but there are a few things home sellers should avoid for a successful sale. If you're going to be putting your home on the market in the near future and are hoping for quick success, here are some common mistakes you'll want to be sure to bypass. Pricing Your Home Too High It's entirely likely that there's an amount you have in mind when it comes to selling your home, but it's important that your asking price is in line with the market conditions and what's being offered. … [Read More...]
Economic news was impacted by the Martin Luther King holiday on Monday and the Presidential Inauguration on Friday. Readings released included reports on inflation, the National Association of Home Builders Housing Market Index and Commerce Department releases on housing starts and building permits issued. Weekly reports on mortgage rates and new jobless claims were released as scheduled.
Home Builder Confidence Dips as Inflation Ticks Upward
The National Association of Home Builders Housing Market Index dipped from December's reading of 69 to 67. Ongoing challenges including a short supply … [Read More...]
Many people look at a smaller living space and think that there are a lot of limitations imposed. However, a more miniature home can offer up the opportunity to be inventive with design and get creative about your abode. Whether you live in small apartment now or are thinking of downsizing in the future, here are some ideal ways to make the most of your pint-sized pad. Invest In Multi-Functional Pieces It may be nice to have a stylish bar cart or a hefty china cabinet for your space, but there are certain kinds of home items that only serve one function and this is not necessarily useful with … [Read More...]
January's National Association of Home Builders Housing Market Index dipped two points from December's revised reading of 69 to 67; the index reading forecast for January was also 69.Analysts said that January's reading was the second highest (after December 2016) since the peak of the housing bubble in 2005. January's dip in builder sentiment was attributed to easing of builder enthusiasm, which spiked right after the U.S. presidential election. To put January's home builder confidence reading in context, NAHB says that any index reading over 50 indicates that more builders than fewer … [Read More...]
Many people are aware of the financial commitment that is involved when investing in a home, but what that amounts to is different for every person. From what you can afford to what a lender will allow, there are plenty of details involved in determining the right home for you. If you're not quite sure what the right price is, here's how to approach home ownership and determine your debt-to-income. Calculating Your Debt-To-Income Ratio You may not know what your DTI ratio is, but it has a lot to with how much home you can afford. In order to calculate this amount, add together all the debts … [Read More...]
