Mortgage rates, which remain near three-year lows, stand to help not only homebuyers but current homeowners who want to unlock potential savings through mortgage refinancing. In fact, homeowners who purchased property as recently as a year ago could reap significant financial benefits by refinancing today.Eighty percent of mortgages originated in 2018 have an interest rate at least 0.75 percentage points higher than today’s 3.4% average. But t
About Sheri There are many qualities and skills that go into being an excellent real estate professional - integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills and a high-quality professional network, all of which are hallmarks of how I work.That said, in my experience as a Collin County real estate professional, I've also found that providing the very best service is essentially about putting my cl
The 30-year fixed-rate mortgage averaged 3.49% this week, the lowest average since October 2016, Freddie Mac reports. “Mortgage rates continued the summer swoon due to weaker economic data,” says Sam Khater, Freddie Mac’s chief economist. “While economic growth is clearly slowing due to rising manufacturing and trade headwinds, economic fundamentals are still solid for U.S. consumers. The unemployment rate is low, housing affordability is
How homeowners treat a yard this autumn can determine the quality of their yard next spring and summer. Kris Kiser, president and CEO of the Outdoor Power Equipment Institute, offers up the following checklist for homeowners who want to lay a strong groundwork for a great yard next spring:Keep mowing. Grass still needs regular care to stay healthy. Grass that is too high may attract lawn-damaging field mice. Shorter grass is more resistant t
Millennials are jumping into homeownership in larger numbers, and they’re firing up home prices as they hunt within limited supplies, real estate data firm CoreLogic reports.Overall, home price gains had been shrinking over the last year, but increases reversed course and annual gains started trending higher this summer. Home prices increased 3.6% in July compared to a year ago. That is higher than the 3.4% increase in June. CoreLogic economist
Some homeowners take on more than they should with do-it-yourself home projects. They could wind up hurting their home value.Homeowners hope to save money through DIY takes on projects, but some lose that savings when they sell. Chicago-area home inspectors recently shared with The Chicago Tribune some of the common DIY mishaps they most often see, including:Using online videos as tutorials.Homeowners may follow an online tutorial to in
A newer color palette with jewel tones is taking hold in landscaping, and it’s among the hotter trends for this fall, according to the National Association of Landscape Professionals. Seventy-seven percent of Americans report relaxing in their yards at least once a month, according to a survey from Engine’s Caravan, conducted on behalf of the NALP. Carving out an inviting outdoor space is becoming increasingly important for homeowners.The NAL
Drilling a hole in the wall to hang pictures or a TV might sound like a simple DIY project. But handyman services are warning that homeowners could do a lot of damage to a home if they aren’t careful.Many homes have pipes and wires that run through a wall. Homeowners who are unaware of these could risk personal injury or serious damage to their home.Realtor.com® recently featured safety tips to avoid hole-drilling nightmares, in
Only about 1.4% of the population has a perfect 850 on their FICO credit score. “Achieving a perfect credit score is largely out of your hands,” Riley Adams, a licensed certified public accountant and senior financial analyst for Google, told Apartment Therapy. It can take years to build up a perfect credit score of paying bills on time and paying off debts.Apartment Therapy recently asked financial experts how consumers can improve their sco
Hurricane Dorian, which has been pummeling parts of the Bahamas for the past 24 hours with wind gusts up to 150 miles per hour and a storm surge of 18 feet, is nearing the Eastern Seaboard. Hundreds of thousands of people in Florida, Georgia, and South Carolina have been ordered to evacuate before the storm heads up the coastline. Housing help and other aid is already on standby as the storm’s full impact nears.The National Association of
This website includes images sourced from third party websites including Adobe, Getty Images, and as otherwise noted.
