There is so much talk in the financial world and among people in general about the interest rate hikes in 2022. The central bank is laying its groundwork to raise interest rates this year and perhaps several times. Borrowers, as a result, will see the costs to get funding go up. The Federal Reserve said […]
Can You Use Gifted Money as a Down Payment?
If you’re going to buy a house, or at least you hope you’re going to, the down payment can be one of your biggest concerns. Your down payment is a percentage of the purchase price of a property that comes out of pocket. Your down payment can range from as little as 3% up to […]
HOW ARE SOARING MATERIALS COSTS AFFECTING REAL ESTATE?
There are some factors converging in the real estate market right now that are putting home prices at an all-time high. In fact, home prices are so high and bidding wars so common that a lot of buyers are waiting for things to settle down a bit, although we don’t know when that’s going to […]