A Guide to USDA Loans: A 0% Down Payment, Low-Interest Mortgage More Homebuyers Should Consider Now Getty Images With mortgage interest rates near 7% and home prices hovering at a national median of $425,000, many homebuyers might be wondering how they’ll be able to pay for a property, and searching for ways to reduce costs. […]
What Is a Luxury Home, and What Makes It So Special? Getty Images If you’ve ever looked over real estate listings and came across an ad for a “luxury home,” you might have thought, “Wow, this one must be special!” But what exactly defines a luxury home, anyway? Is it determined by price, location, square footage, or some magic combination of all […]
How to Boost Your Credit Score: Advice for First-Time Home Buyers Getty Images If you need a mortgage, a good credit score, also called a FICO score, is essential—and it’s within your control. In a nutshell, a credit score is a simplified calculation of your history of paying back debts and making regular payments on […]
Turn the Page! These 4 Book-Decor Trends Are Just Plain Silly Getty Images Once upon a time, long before podcasts or Feedly came along, people spent much of their free time devouring the wisdom found in books! Today, many tomes serve purely as home decor. Instagram feeds are loaded with ways to make them shine—stacked […]
What’s the First Step in Buying a Home? Your Answer Here monkeybusinessimages/iStock No, it’s not leaping into buyer mode by picking out a real estate agent who has pretty homes, setting up a home inspection, and then moving in your sectional couch. Real estate agents agree that long before you peruse listings or check out […]
‘No One Wants To Catch a Falling Knife’: What To Expect in the Housing Market for the Rest of 2022 Design by Realtor.com / Getty Images (2) What a difference just a few months can make. As the year comes to a close, the red-hot housing market has been brought to its knees by soaring […]
Hall of Fame Pitcher Pedro Martinez Tosses His Boston-Area Home Onto the Market for $2M Getty Images / MLS via Realtor.com Retired baseball superstar Pedro Martinez is ready to part ways with his Winchester, MA, home. He’s listed the five-bedroom, 3.5-bathroom property for $1,995,000. The lanky hurler cemented his legendary status via a seven-year stint with […]
Must-Know Facts for the Self-Employed Homebuyer Getty Images You might have heard it’s more challenging to get a mortgage if you’re self-employed. And it is true that self-employed homebuyers do have to jump through a few more hoops than a W-2 employee. Namely, you’ll have to gather a bunch of paperwork to validate your income […]
Buyers May Have More Power Than They Realize Right Now—Here’s Why Getty Images Doom and gloom might be dominating real estate headlines these days, and many would-be homebuyers are feeling hopeless about their chances of getting a good deal in the wake of mortgage rate hikes, low housing inventory, and elevated home prices. There’s no […]
Homebuyers Are About To Suffer Another Devastating Blow: Interest Rates Climb Again Getty Images Rising mortgage interest rates have hit the housing market like a sucker punch—and they’re poised to deliver another bruising blow. Mortgage rates could climb even higher after the U.S. Federal Reserve announced on Wednesday that it was increasing its short-term interest […]
