© 2004 - 2024 | SM SOLD, Inc. - A Real Estate Marketing Company | contact@smsold.com
Interest rates can affect many aspects of your financial life and are driven by the monetary policy decisions of the Federal Reserve. Major banks use these monetary policy decisions when borrowing or lending funds. The Federal Reserve has recently agreed to raise its key interest rate of 1.25% to 1.5%. This marks the third increase in this rate this year. The raised rate will push up rates for credit cards, adjustable-rate mortgages and home equity lines of credit. Its effect on fixed-rate mortgages will not be as pronounced.
read moreLooking for the first-time home buyer tax credit? You may be thinking of the federal program implemented under the Obama administration. We hate to be the bearer of bad news, but it doesn’t exist anymore. However, don’t despair. To learn what happened to the first-time home buyer tax credit, and find where you could get help now for a first mortgage, read on.
read moreWhen buying a new home, where is the first place you look? The internet. The only problem is that the internet has hundreds, thousands, millions of links to information that will make your online home buying search a little more difficult than expected. We want to help ease the pain of searching for your new home with seven tips to guide your online search.
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