Learn how to check for liens on a property, why it matters, and what to do if you find one. Protect your investment with these simple, effective steps.
The post Is There a Lien on My House?…
FHA loans can be assumed by qualified buyers, allowing them to take over the seller’s existing mortgage. This article dives into how FHA loan assumptions work, requirements for both buyers and sellers, and the advantages of…
An assumable mortgage allows buyers to take over a seller’s existing loan, often with favorable terms. But before you take the leap, it’s important to carefully assess the loan details, costs beyond the price, and long-term…
Buying a house with no money down is possible with a VA or USDA loan. Learn more about zero-down payment mortgages and if you qualify.
The post How to Buy a House with No Money Down:…
What is a mortgage survey? Many lenders require a mortgage survey before they’ll give you a loan, so find out what the purpose is.
The post The Purpose of a Mortgage Survey When Buying a Home…
A second Trump presidency promises significant changes to the housing market. How will his policies affect buyers, sellers, and renters?
The post A Housing Market Under Donald Trump: What It Could Mean for Buyers, Sellers, and…
2024 was another slow year for the housing market, but with key improvements. Trends included a mortgage rate rollercoaster, easing inflation, and low housing supply. Learn everything you need to know in Redfin’s year-in-review report.
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The short answer to the question “Are mortgage rates dropping?” is yes. On August 5th, daily average 30-year fixed mortgage rates dropped to 6.43% which is the lowest since April 2023. For home buyers, this poses…
One of the most important questions to ask is, What percentage of my income should go to mortgage payments? This article highlights the best rules and advice..
The post What percentage of your income should go…
Ready to buy your first home? Discover how your interest rate can affect your monthly payment.
The post How Much Does Interest Rate Affect Monthly Payment? You Asked, We Answered. appeared first on Redfin | Real…