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How To Save Big Money On Your Next Home Renovation Project
Every year, homeowners spend billions of dollars renovating their homes. It almost seems expected that homeowners are going to end up going over budget on any project. On the other hand, this doesn't have to be the case. In reality, there are a few tips and tricks that homeowners can follow to help them save big money on that next home renovation project.
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What's Ahead For Mortgage Rates This Week - May 4th, 2020
Last week's economic reports included readings from Case-Shiller Housing Market Indices, pending home sales, and inflation. Weekly readings on mortgage rates and first-time jobless claims were also released.
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What Is House Hacking?
Some clever millennials are teaching the older boomers a new way to invest in real estate, which goes by the name of "house hacking."
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Case-Shiller: February Home Prices Gained Before Coronavirus Outbreak
Home prices continued to grow in February according to the Case-Shiller Home Price Indices. National home prices grew at a seasonally-adjusted annual pace of 4.20 percent as compared to national home price growth of 3.90 percent in January. Case-Shiller's 20-City Home Price Index showed higher home price growth rates in February with average annual home price growth of 3.50 percent. January home prices grew by 3.10 percent for cities included in the 20-City Index.
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Why Most People Use A Real Estate Agent Or Broker To Buy A Property
One might wonder if the continued improvement in the access to online information about properties for sale has removed the need for working with a qualified real estate agent or broker. It has not.
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The 'Golden Girls' Strategy? Elderly Adults Share Home Ownership
The "Golden Girls" trend got its name from the popular television sitcom about four elderly women who live together to share expenses. It is becoming a popular way in real life for elderly adults to share homeownership and it has many benefits.
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What's Ahead For Mortgage Rates This Week - April 27th, 2020
Last week's scheduled economic news included readings on sales of new and previously-owned homes and consumer confidence. Weekly readings on mortgage rates and new jobless claims were also released.
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Don’t be Fooled. Forbearance is not Forgiveness.
The Federal Housing Finance Agency (FHFA) recently told lenders to allow borrowers to forego their mortgage payments for a period...
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First-Time Buyers' Guide: How To Get A Mortgage And Buy A House
When you are in the process of buying a home, there are a lot of moving parts that need to...
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What's Ahead For Mortgage Rates This Week - April 20th, 2020
Last week's scheduled economic reporting included readings on home builder sentiment, housing starts and building permits issued. Weekly reports on mortgage rates and initial jobless claims were also released
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Insurance Check-up
For Renters – Did you know: Rental property owners carry insurance for property damage, but this does not cover damage...
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Quick Update on Home Prices and Mortgage Rates
Home price increases have cooled down over the past few months, but are still up over 2% from last year...
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What is a Home Appraisal Exactly?
I often get questions about appraisals, so I thought I’d clarify some aspects. A home appraisal is not the same...
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SoCal Home Price Changes
Home prices in Los Angeles county rose at a modest annual pace of 2.1% (according to the latest data from...
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Low Down Payment Loans, Still Available
For properties priced between $500,000 and $726,000, only a 5% down payment is needed, and some loans are only 3.5%...
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david@thefriendlylender.com
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