Tag: mortgage payment

Some Real Estate Highlights: The interest rate you lock in directly impacts your monthly payment and the purchase price of the house you can qualify for and afford. Interest rates are still low…RIGHT NOW! If you are a first time …

Interest Rate Affects Buying Power Read More »

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Every 3 years, the Federal Reserve conducts a Survey of Consumer Finances where they collect data across all economic and social groups. The latest survey using data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than …

Homeowner’s Net Worth v. Renters Read More »

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Over the next five years, home prices are expected to appreciate 3.24%/year on average and to grow by 21.4% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. What does this mean for you and your home equity ? …

Your Equity Position Read More »

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According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, home ownership is a better way to accumulate wealth than renting. The first quarter index showed that “16 of the 23 metropolitan markets investigated moved in the direction …

Housing Market Favors Home Ownership Read More »

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As a seller, you should be concerned about ‘short term price’ – where home values are headed over the next six months. As a buyer, you must not only be concerned about your purchase price, but also (and maybe even …

Difference Between Home Costs & Home Prices Read More »

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