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Making the Decision to Stop Renting

Eppraisal

Making the decision to stop renting is a personal choice. Qualify to Purchase a Home If you are thinking of purchasing a home, you must first be able to qualify for a mortgage. According to the same article from ipropertymanagement.com, an alarming 41% of renters spend over 35% of their income on rent alone.

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Will 2022 be a good year for real estate investors?

Housing Wire

This article is part of our HousingWire 2022 forecast series. And what if those market conditions drive home prices up to new price peaks at the same time that mortgage rates are rising and inflation is at levels not seen in 40 years? After the series wraps, join us on February 8 for the HW+ Virtual 2022 Forecast Event.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Since the COVID-19 lockdown, homes have a higher “intrinsic value” to people as they spend more time in their abode (implying that many families will allocate a higher percentage of their total net worth to making their home their haven). This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make.

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6 Biggest Mistakes Home Buyers Make in Fort Hood, TX

Hood Homes Blog

Using a mortgage calculator ? Don’t forget to include the monthly mortgage insurance ! And remember to budget for utilities , maintenance, lawn care , and other things that your landlord might have taken care of when you were still a renter. More important, however, is a reason related to the bad budgeting mistake.

Buyers 36
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Buying a Vacation Home: 4 Critical Factors & Expert Advice

PennyMac

The rise of home renovation television shows has made many homeowners eager to transform rough diamonds into neighborhood jewels. Couple this with the improved job market and an upswing in home values, and you have a tidal wave of homeowners willing to invest in fixer-upper dwellings.

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ROOTING HARD FOR LOWER MORTGAGE RATES

Will Springer Realtor

The past year witnessed a financial rollercoaster, with interest rates fluctuating between 5.99% and 8.03% for conventional 30-year mortgages, according to Mortgage News Daily. Treasurys and mortgage-backed securities. At the same time, many homeowners are sitting comfortably with low mortgage rates.

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FED’S ACTIONS TAKE STEAM OUT OF HOUSING MARKET

Will Springer Realtor

At what point will mortgage interest rates peak? That’s the million-dollar question and the answer is closely tied to the government’s ability to stem inflation, which makes the cost of our question closer to $1,085,000. When you raise [mortgage] rates to the point they’re at today, it breaks the back of housing.”.