Bond yields had been heading higher, bringing mortgage rates along with them. Then the Federal Reserve met this week, opting not to raise its benchmark rate. Not only that, in its statement, the central bank said that “economic activity appears to have slowed.” Because of the dovish tone struck by the Fed, home loan rates are...
We liked the post on Ilyce’s website regarding refinancing a home equity loan. We live in Texas and have a 15-year home equity loan with an approximate loan to value ratio of just about 50 percent. In Texas you can only have one home equity loan. We want to find a bank that will give...
Determining the optimal day to sell your home has always been a bit like playing “Magic 8 Ball,” although realty agents sometimes recommend listing your home on a Thursday or Friday to be ready for weekend visitors. Now Zillow has something a little more data-driven than a Magic 8 Ball: In its research, it found...
I live in a very common home here in Florida. Most are built from concrete block. Twenty years ago, a room was added to the home and the rear exterior concrete block wall became an interior wall. A window was removed to create a pass-through to the room addition. Now we want to transform the...