You’ve taken all the necessary steps to get ready to buy a home. You’ve saved for a down payment, improved your credit score, got all your financial documentation in line, and figured out what price range you can afford. And then the interest rates had a slight increase, so stopped everything!

Don’t run off so soon. The facts are event with increases in interest rates from last year’s historic lows, the rates are still favorable for buying. According to®’s January survey of active homebuyers, 44 percent of buyers planning to buy in spring 2017 are first-time buyers. With inventory shortages and rising home prices, the urgency to buy now has never been greater. So before you shelve your plans for buying a home this spring, know the facts about rising rates and home prices.

So what are you waiting for, another increase?

Take a cue from repeat homebuyers who are actually being spurred into action by rising rates. Even with the current increases, interest rates remain historically low, and the movement in rates hasn’t yet tipped overall buyer demand down. Experienced buyers, in fact, are trying to close before rates increase further, as evidenced by increased® listing views and decreased inventory. In the short term, the rate movement seems to have encouraged, rather than dampened, overall demand.

While concerns about ...

If you are dreaming of life away from New Jersey’s winter chill, here are a few healthy reasons you should become a “snowbird”.

·         Moving to Florida full time or part time means an escape from cold, wintery weather and a change of scenery

·         Cold weather can be harder to endure as we age.  A slip on the ice could be more likely to result in injury serious injury, and shoveling snow can become too physically taxing as well. 

·         For outdoor enthusiasts, it offers the opportunity to stay healthier with ...

We think about the relationships with our family, our loved ones and our friends often enough, but we tend to forget about the other big relationship we have in our lives: Where we live. The house or apartment, the neighborhood, the city. It's a relationship that requires upkeep and tenderness, like all others. And when it's suffering, it can cause a whole lot of suffering in your life. Here's what to do if you find yourself falling out of love with your home.

There are lots of reasons why you could be falling out of love with your home. Maybe your house has become too small to fit your needs. Perhaps your neighborhood and city have changed around you, too. Maybe traffic's worst than it's ever been. Maybe you are just ready to make your move to something different. If you need to sell your current home in order to buy a new one there are tips to help you get started.

Here are 8 ways you can prepare your Home to get back in the market and meet new people (buyers):

  1. Repaint the walls neutral colors. As much as you love your dramatic red dining room, it could turn off a good portion of your buyers. So repaint your rooms in neutral tones like tans and whites that allow buyers to focus on the spaces themselves, not the color of the walls.
  2. Keep the décor simple. To help buyers imagine themselves in your space, get rid of any art or other décor that might turn off people with different tastes. A ...

Love is in the air, but the old saying “first comes love then comes marriage” doesn’t identify the latest trend in homebuyers. In fact, according to a recent analysis by Zillow, more young homebuyers today are unmarried couples. Even though overall 75% of all homebuyers are in a relationship, 15% of homebuyers aged 24-35 are unmarried couples. Zillow also reports that the majority of homebuyers hunted for a house the purchases with the help of a significant other.
Buying a home is a big part of the American Dream—equally shared by millennials and baby boomers alike—but it's becoming more difficult to make it work on a single income. That makes buying a home with a significant other even more appealing, even if marriage isn't quite part of the picture. Simply put, buying a home is much easier with two incomes. Assuming home value growth continues to outpace income growth.

Other studies have indicated similar shifts away from conventional milestones related to homeownership. One report reveals 25 percent of married millennial couples purchased their home together before their wedding day.

Stop flirting with home searches and interest rates. Get in touch with an experienced licensed loan originator and lock in a great rate so you can hit the market with a pre-approval that will have sellers swooning.

Becoming a homeowner for the first time is an exciting and stressful process. That’s why it’s essential to surround yourself with a team of experts – including both a mortgage and real estate professional – to walk you through the steps to home ownership, answer all of your questions and concerns, help you decide what kind of home you can afford and get you pre-approved for a mortgage.

If you’re about to become a first-time homeowner, you might assume the experience of home ownership will be just like renting, except that your monthly payments will build equity. But the reality isn’t quite so simple.

From learning how to fix a leaky toilet to making financial adjustments for long-term annualized spending, home ownership is a totally new ball game. The best way to make a smooth transition to your new home starts before you buy.

Budget Before You Buy
A monthly mortgage payment isn’t the only thing you lock yourself into when you purchase a home. You’re also committing to years of property taxes, homeowners insurance, maintenance and repairs, and increasing utility bills.

Because you don’t want to wind up “house poor,” make sure to take all expenses into account when budgeting. You should build home maintenance and upkeep into your monthly budget.

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