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How I Paid for Home Repairs and More as a New Homeowner

How I Paid for Home Repairs and More as a New Homeowner

In September 2020, I closed on my home, a pre-Revolution, Cape Cod-style cottage. The house had certainly stood the test of time, but it needed considerable work. Floorboards moved when I walked. Water backed up into the basement. Whether the furnace worked was up for...

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What Are the Closing Costs for a Home Seller?

What Are the Closing Costs for a Home Seller?

As a first-time home seller, you know how much you owe on the mortgage, and you’ve got a good idea of your home’s market value. But then come all of the closing costs you’re responsible for. Unlike buyers, sellers are usually on the hook for real estate agent...

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Mortgage Outlook: Falling Leaves, Rising Rates in October

Mortgage Outlook: Falling Leaves, Rising Rates in October

October mortgage rates forecast I predict that mortgage rates will rise in October. There will be ups and downs day to day, but mortgage rates will be higher at the end of the month than at the beginning of the month. (That’s assuming the debt limit will be addressed...

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Watch for Signs of a Better Market for Buyers

Watch for Signs of a Better Market for Buyers

Today’s housing market is hostile to home buyers because not enough homes are for sale. Would-be buyers find themselves in bidding wars and competing against cash offers. Someday the path to homeownership will be less arduous. Here are signs that will help you detect...

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Mortgage Outlook: September Rates to Ascend, Then Level Off

Mortgage Outlook: September Rates to Ascend, Then Level Off

September mortgage rates forecast Mortgage rates went up about an eighth of a percentage point in August, and I think they’ll continue to rise modestly in the first half of September, then level out. The roots of this prediction stretch all the way back to March....

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10 Steps to Buying a Home

10 Steps to Buying a Home

WATCH VIDEO Never bought a home? No problem! Here are 10 easy steps to the home buying experience! Step 1, find your loan officer. You can find one local to you by visiting (https://branches.snmc.com) (www.everlend.com) Step 2, find out how much home you can afford by...

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How to Buy Your New House While Selling Your Old One

How to Buy Your New House While Selling Your Old One

Selling your house and buying another home at the same time is the ultimate feat in multitasking, and it comes with a tricky timing challenge. If you have a mortgage on your current home and you buy a house before selling, you could get stuck with loan payments and...

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The Property Line: 5 Mortgage Trends for the Rest of 2021

The Property Line: 5 Mortgage Trends for the Rest of 2021

It’s brutal out here for home buyers in the second half of 2021. Mortgage rates will rise, home prices will keep going up and buyers will continue to face competition. Here are housing trends to watch for in the final months of the year.   Mortgage rates will...

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The Property Line: Avoid These Costly Home Selling Mistakes

The Property Line: Avoid These Costly Home Selling Mistakes

It’s a seller’s market in real estate, which means that buyers have much to feel anxious about. But sellers have reasons to lose sleep, too. What if they make an expensive mistake? It’s easy to find lists of common homebuying mistakes, but home selling errors are...

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