• Why More Homeowners Are Giving Up Their Low Mortgage Rate,Vijay Muthuraman

    Why More Homeowners Are Giving Up Their Low Mortgage Rate

    If you’re like a lot of homeowners, you’ve probably thought: “I’d like to move… but I don’t want to give up my 3% rate.” That’s fair. That rate has been one of your best financial wins – and it can be hard to let go. But here’s what you need to remember...A great rate won’t make up for a home that n

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  • What Buyers Need To Know About Homeowners Association Fees,Vijay Muthuraman

    What Buyers Need To Know About Homeowners Association Fees

    What Buyers Need To Know About Homeowners Association Fees When buying a home, you’re probably thinking about mortgage rates, home prices, your down payment, and maybe even your closing costs. But you may not be thinking about homeowners association (HOA) fees. While you won’t necessarily have these

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  • Why Buyers Are More Likely To Get Concessions Right Now,Vijay Muthuraman

    Why Buyers Are More Likely To Get Concessions Right Now

    Especially in areas where inventory is rising, both homebuilders and sellers are sweetening the deal for buyers with things like paid closing costs, mortgage rate buy-downs, and more. In the industry, it’s called a concession or an incentive.What Are Concessions and Incentives?When a seller or build

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