The federal government rewards veterans of the U.S. military in several ways. Many programs, from education reimbursement to disability compensation, employment services, and life insurance are available to active and former members of the armed forces. Another benefit of military service is home loan assistance in the form of the VA loan. However, many veterans have not used or are unaware of the VA loan benefit provided to them.
Paying for a house with cash has definite perks. Did you know that paying cash rather than getting a mortgage could help you win a bidding war when buying a new home? You may even be able to negotiate a lower price on the home if you’re paying cash.
The Federal Reserve kept short-term rates where they are when its decision was released at the end of yesterday’s April Federal Open Market Committee meeting. Committee members will also continue the current level of spending on mortgage-backed securities (MBS). Both moves mean good things for mortgage rates.
Spring is here, and with it comes home buying season. If you’re in real estate, it’s about to get really interesting. There are also some unique challenges you and your buyers might be confronting in the market now. Let’s get to what you need to know.
The Federal Reserve kept things fairly status quo in their most recent statement at the conclusion of a 2-day meeting of the Federal Open Market Committee. Moreover, at least in terms of short-term rates, there are no plans to stray in the near future.
Whether you work in real estate or are interested in buying or selling a home in the upcoming year, it’s important to understand both the current and the projected states of the housing market. Here are some real estate trends to keep an eye on for 2021.