Categories for Home Equity

How Do Rising Interest Rates Affect My Purchasing Power?

With interest rates on the rise, buyers have been asking, “How do higher interest rates really affect my monthly payment?” The answer might surprise you. In this example, we’re starting with a $300,000 loan amount on a 30-year fixed mortgage. At a 3.75% interest rate, the monthly payment would be ...

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7 Factors to Consider When Choosing A Home to Retire In

As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability ...

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Tax Reform & Housing: A Reference Guide

Disclaimer: This guide is not meant to be a resource for tax advice but instead a resource for basic information concerning only certain aspects of the new tax code and how they may impact the real estate market. You should get tax advice from your accountant or tax preparer who ...

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The Compound Effect: Building Your Household’s Wealth

Wealth is within reach for many people; however, according to a recent study 63 percent of Americans said it’s not likely they’ll become rich.1 Don’t just dream of being wealthy; start taking the steps to make it a reality. There is no secret to becoming rich — it takes time, sacrifice ...

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