The housing market continues to be very competitive, so you may have to be a bit more flexible with what you are looking for.


Michael Bock and Theresa NeSmith
The housing market continues to be very competitive, so you may have to be a bit more flexible with what you are looking for.
Last week’s scheduled economic reports included preliminary monthly readings on inflation and consumer sentiment along with weekly reporting on mortgage rates and jobless claims.
Outside of the significant financial responsibility of delving into home ownership, there can also be a lot of other risks involved that you may not have thought about as a new homeowner. While the requirement of homeowner’s insurance is well known and guarding your house against theft can be commonplace, if you happen to be living in an area that’s at high risk of fire, here are some things to consider beforehand.
Refinancing a mortgage can provide a homeowner with many benefits, and many are interested in refinancing their traditional mortgage into an FHA mortgage to take advantage of low interest rates. Depending on the specific circumstances, this step may lower the monthly payment, reduce interest charges, adjust the loan term so that it is more beneficial for achieving financial goals and more.
For many people, investing in a house is one of the most important purchases they will make in their lifetime. However, alongside having the comfort of your own home, there are many financial benefits associated with buying in. If you’re currently perusing the market for opportunities, here are some reasons to consider investing a little sooner.
Last week’s economic news included readings on home prices, inflation, and data on public and private-sector jobs. Weekly readings on mortgage rates and jobless claims were also released.
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