Tag: tips

Home Design That Promotes a Healthy Lifestyle

Home Design That Promotes a Healthy Lifestyle Hospital design and the food industry could teach the residential real estate community a lot when it comes to creating healthier space, says Bea Spolidoro, principal at FisherARCHitecture in Pittsburgh. A person’s home can have a physical and psychological health impact, Spolidoro told Forbes.com. Spolidoro says homes can …

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Buying a fixer Upper? Purchase and Renovate in one loan!

Buying a fixer Upper?  Purchase and Renovate in one loan!  Read the graphic below for more info then give me a call! Buying a fixer upper? Call me orJohn Coneys of Freedom Mortgage,  to find out how you can purchase AND renovate all in one loan!  #RealEstate #Realtor #HomePurchase #RenovationLoan #FreedomFast #PreApp #LetFreedomHelp

Contract Signings Likely Won’t Go Any Lower

Contract Signings Likely Won’t Go Any Lower The COVID-19 pandemic hampered home sales contracts in April, but that will likely mark the low point in pending home sales for the year, according to the National Association of REALTORS®’ latest housing report released on Thursday. April was the second consecutive month of declining pending home sales, as …

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30-Year Mortgage Rate Hits New Record Low

30-Year Mortgage Rate Hits New Record Low Borrowing costs fell this week, with the 30-year fixed-rate mortgage setting a new record low for the third time in the last few months. The 30-year fixed-rate mortgage averaged 3.15% this week, the lowest average in Freddie Mac’s records dating back nearly 50 years. “These unprecedented rates have …

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Fannie, Freddie Launch Resources on COVID-19 Relief Options

Fannie, Freddie Launch Resources on COVID-19 Relief Options For those financially impacted by the COVID-19 pandemic, knowing where to look for updates on information about aid programs has proven challenging. But several government agencies have stepped in with resource tools to help homeowners and renters. The latest comes from mortgage financing giants Fannie Mae and …

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Worry About Pandemic Financial Options

Worry About Pandemic Financial Options The Consumer Financial Protection Bureau says it has received a record number of consumer complaints in March and April as consumers grew concerned over their finances at the onset of the global pandemic. In March, CFPB says it received about 36,700 complaints from consumers about financial services providers. In April, …

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Sellers May Need Some Patience

Sellers May Need Some Patience Homeowners trying to sell during the pandemic will likely need some patience and a degree of expectation that the process could take longer. Homes are taking about an average of 15 days more to sell—or about 27% longer—than a year ago, according to realtor.com®’s data reflecting the week ending May …

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Where Home Buyers Find Greater Affordability

Where Home Buyers Find Greater Affordability The number of homes for sale has shrunk since the COVID-19 pandemic began. Some sellers pulled their listings, making it tougher for buyers to find a home and compounding the issue in many markets that were already inventory-starved before the pandemic. Indeed, protections against COVID-19 have exacerbated the housing …

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Sheltering-in-Place Inspires Homeowners to Take on Remodels

Sheltering-in-Place Inspires Homeowners to Take on Remodels Homeowners are prioritizing remodeling projects centered around home offices and master bedrooms during the pandemic, according to a new survey of 1,000 consumers by Houzz, a home renovation and resource site. While consumers put off some remodeling projects when the coronavirus outbreak first began in the U.S., they …

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Check List for Pre-Approval

Check List for Pre-Approval See the check list below for pre approval items you will need to get a mortgage approval offer. Having a checklist of the documents you’ll need when seeking a preapproval can really come in handy. John Coneys of Freedom Mortgage, (NMLS# 183853) can help if you have any questions about the …

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Google Searches of Homes for Sale Show Strong Rebound

Google Searches of Homes for Sale Show Strong Rebound Americans are resuming their house hunting online after taking a pause during the initial stages of the COVID-19 outbreak. One way to track potential buyer interest: internet searches. 10 Metros With the Largest Spikes in Google Searches The following cities have seen the largest increases in …

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PPP Loan Forgiveness Application Released

PPP Loan Forgiveness Application Released The Small Business Administration and U.S. Treasury Department have released an application for business owners to have their Paycheck Protection Program loan forgiven. Real estate professional who received a PPP loan should complete and submit the application, which was released Friday, to their PPP lender. The program was created through the …

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