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Are Smart Homes Worth the Risk for Homeowners?

Posted on Monday July 09, 2018
 
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Technology has made our lives more convenient in a number of ways. We can now ask AI systems like Siri to send a text message, tell us the weather, or play a certain song. At the same time, this technology has complicated our lives, making us paranoid about the potential…
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Housing Markets with the Highest Percentage of Upside-Down Homeowners

Posted on Monday June 25, 2018
 
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In 2008, when the housing market crashed, over 30% of homeowners were upside-down on mortgages. Fast-forward 10 years, and the housing market has made significant progress in its recovery. The national percentage of homeowners who are upside-down has fallen below 10%, according to a recent report from Zillow. This is…
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Fixed Rate 30-Year Mortgages Accounted for More than Half of U.S. Home Loans Last Year

Posted on Tuesday June 12, 2018
 
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Fixed Rate 30-Year Mortgages Accounted for More than Half of U.S. Home Loans Last Year Fixed rate 30-year mortgages accounted for 52.8% of all mortgages last year, a 5% higher percentage than in 2016. This is based on results from the annual Residential Real Estate Survey Report released recently by…
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Some Sellers Spy on Home Buyers at Showings

Posted on Wednesday May 30, 2018
 
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There have been several articles in the media recently that indicate an increasing number of sellers are spying on home buyers at showings to gain an advantage when negotiating the terms of the home sale.   This practice has become so prevalent that some real estate agents are advising their…
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Applying for a Mortgage? Here Are the Top Reasons Mortgage Apps Are Denied

Posted on Thursday May 10, 2018
 
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According to a new study by Lending Tree, about one in every 10 persons applying for a mortgage gets turned down. The study’s findings were based on data taken from more than 10 million recent mortgage applications.   While one in 10 may seem like a lot, it’s actually the…
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