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The Summer Home-Buying Season May Be Much Hotter Than Expected—Here’s Why

Source: Clare Trepasso - Realtor.com Until recently, the prognosis for the housing market wasn't great. With the economy in a free fall, home sellers swiftly took down their "For Sale" signs and many buyers chose to wait out the coronavirus pandemic. It was like the pause button was pushed on the normally bustling spring home-buying season. But as states reopen their economies, the summer real estate market just might turn out to be hotter than anyone was anticipating. For the first time in more than two … [Read more...]

Home-Buying FAQ: Your Top Questions About Purchasing Property During the Coronavirus Pandemic

Source: Margaret Heidenry | Realtor.com | May 6, 2020 The coronavirus pandemic has thrown millions of people's financial plans off the rails, and that certainly includes home buying. If you were hoping to purchase a property soon, you no doubt have a lot of questions—about whether it's possible to buy or tour a house now, COVID-19's impact on home prices, and more. We're already written a guide to home buying in the age of coronavirus to help you navigate this new reality in real estate, but we know there's a … [Read more...]

Little Ways to Spruce Up Your Home When the Spring Cleaning is Done

Source: Heath Owens, Redbook via MSN | Lifestyle - April 2020 We’re all spending a little more time at home than we bargained for this spring. For the first time, you might even be ahead of the game on spring cleaning. If so, now is the perfect time to go the extra mile. These touches will make it a little bit easier to spend all that extra time at home. Move the furniture around Rearranging furniture is the oldest spring-cleaning trick in the book, and for good reason. Moving just a few key … [Read more...]

Mortgage Forbearance Is Not All It’s Cracked Up To Be—Here’s the Ugly Truth

Source: Clare Trapasso | www.realtor.com | April 15, 2020 When Nicholas Dahl, 36, called Chase Bank to find out about his options for mortgage forbearance at the end of March, an automated voice informed him the wait time would be 43 hours and 45 minutes. Dahl, who runs his family's art transportation business, hasn't been able to draw a paycheck since all nonessential businesses in Illinois were shuttered on March 21 due to the coronavirus pandemic. And he doesn't know how much longer he and his wife will … [Read more...]

Arizonans show random acts of kindness during coronavirus pandemic

PHOENIX (3TV/CBS 5) -- A woman in Ahwatukee, Crista A, went on her NextDoor page to share with her community that she was struggling to find hand sanitizer in her area, like most people, due to coronavirus. On Monday, her homeowners association called her to tell her that someone left her a surprise. A person who saw her original post, bought her bags of groceries, including hand sanitizer, in honor of their late brother who lost his life to pancreatic cancer. They used to send him care packages of food … [Read more...]

Free, fun things to do online while you’re social distancing in Phoenix

It feels like a year ago that words like “self-isolation,” “social distancing” and “quarantine” entered our day-to-day vocabulary, rather than barely a week. Those fortunate enough to be able to stay home and practice social distancing to slow the spread of the new coronavirus might eventually find themselves at a loss for fun things to do. But if you have an internet connection, there is a world of free things you can do in your home. Options include workouts, concerts, books and museum tours. If you … [Read more...]

Wow! Mortgage Rates Reach Lowest Level in Almost 50 Years

Mortgage rates have just dropped to the lowest level in almost 50 years, compelling both homeowners and home buyers to get off the couch to take advantage of record-level savings on their mortgage. “The average 30-year fixed-rate mortgage hit a record 3.29% this week, the lowest level in its nearly 50-year history,” said Sam Khater, chief economist of mortgage giant Freddie Mac. “Meanwhile, mortgage applications increased 10% last week from one year ago and show no signs of slowing down." To put this … [Read more...]

As mortgage rates remain near three-year lows, here are 5 questions to ask yourself before you refinance your mortgage

Mortgage rates are sitting near record lows — and that’s spurring a wave of refinancing activity as Americans look to take advantage of the savings a cheaper interest rate could bring. Refinance loan volume jumped to the highest level since June 2013 last week, especially among jumbo mortgage borrowers, on the heels of lower mortgage rates, according to data from the Mortgage Bankers Association. The average interest rate for a 30-year fixed-rate mortgage fell to 3.45% two weeks ago, Freddie Mac reported, the … [Read more...]

How to Design Your Garden for More Meaning and Connection

Gardens can connect us to the natural world in meaningful ways, whether we’re plucking the first ripe berries of the season or pausing to watch wild birds flit through foliage. While we most often talk about the nuts and bolts of landscape design — the shrubs, pathways and irrigation systems that make them work — let’s take a moment to explore the less tangible ways we can design our gardens to foster connection with nature. 1. Plant Something From Your Childhood Gardens can be powerful places for connecting … [Read more...]

Expert Roundup: Mortgage Rate Predictions for 2020

Mortgage interest rates dropped lower in 2019 than many experts predicted a year ago. That was welcome news for many borrowers who ended up buying a home and homeowners who decided to refinance. Now that a new year is nearly upon us, it's natural to be curious about 2020 mortgage rate predictions. See today's mortgage rates 2020 mortgage rate predictions Where will mortgage rates in 2020 be? For a forecast, we looked to leading housing organizations and industry authorities. The good news is that all of … [Read more...]

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