Should You Buy a House Now or Wait Until 2025?
Homes are selling fast, indicating it’s still competitive.Buy now if you're ready.Buyers are hesitant now, so waiting might be wise if you're cautious.
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Early-Q4: Best Time for Homebuyers
The first week of October 2024 offers homebuyers potential savings of over $14K on median-priced homes. This week may see up to 37% more for-sale inventory compared to the start of 2024.
How Much Does It Cost to Sell a House?
Overview of Selling Costs – Commonly 10% to 15% of the home price – Includes both mandatory and optional expenses Taxes and Fees – Property tax: prorated share owed at sale – Real Estate transfer tax may apply based on location – Capital gains tax on profits over $250K (or $500K for couples)
How to get a mortgage interest rate below 6% now
Homebuyers can secure a mortgage interest rate below 6% by following three strategies. First, consider buying mortgage points, which can lower the rate but require an upfront fee. Second, an adjustable-rate mortgage with a 3/1 framework can offer a rate of 5.90% initially. Lastly, boosting your credit score is crucial, as the best rates are … Continued
Should You Buy a House Now, or Wait?
Buying now may be smart if you have strong credit, stable employment, and enough savings. Waiting may be better if your finances aren't ideal or home values in your area are dropping.
Should You Buy a Home Before or After Election?
Election uncertainty causes financial anxiety, influencing 60% of homebuyers' decisions to wait or buy now.Housing markets typically slow down during election years as buyers and sellers hesitate, awaiting results.
Money-Saving Hacks for Homebuyers in 2025
Cut Cable Costs: Switching from cable to streaming can save over $2,600 annually. Reduce Subscriptions: Regularly review and cancel unused streaming and subscription services to avoid overspending.
How to get the best home equity loan this fall
Borrowing through a home equity loan or HELOC can be a cost-effective option in today's high-rate environment, especially as homeowners have an average of $200,000 in tappable equity. To secure the best deal this fall, consider locking in a rate after the Federal Reserve's expected rate cut, compare offers from various lenders, improve your credit … Continued
Maximize First-Time Homebuying With Bank Resources
Check your credit score early; aim for 740+ to secure the lowest mortgage rates.Utilize your bank’s online tools, including affordability calculators and educational resources.
What Is Buy Now, Pay Later?
BNPL options are becoming popular for spreading payments on large purchases, including home-related expenses.BNPL loans don't require hard credit checks, making them easy to qualify for.