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How the Fed’s interest rate decisions affect mortgage rates What will happen to long-term fixed mortgages Keep in mind that the federal funds rate does not directly affect long-term fixed-interest mortgage rates; those rates are pegged to the yield of U.S. Treasuries, which are set by market forces. “Mortgage rates are so low today because […]

10 real estate agent myths outsiders believe If you’re thinking about becoming an agent, have a clear view of what it’s like, so you can start out on the right foot. From the outside looking in, the reality of what real estate agents do and what we are like is often quite different than the perception consumers […]

Most home sellers know the importance of keeping their house clean and clutter free while it is on the market, but sometimes, taking a few extra steps can make all the difference. That is where staging comes in. According to a report from the National Association of REALTORS®, 62 percent of seller’s agents say that […]

It’s expensive to buy a new house right now. Quite expensive, historically speaking. The median sale price of a new home in the U.S. has climbed pretty steadily since 2011. At more than $320,000 for the last three years, the median new home costs more than twice as much as it did in 1970 (accounting […]

More people who lost homes during housing crisis are buying again There are signs that a growing number of Americans who lost homes to foreclosure or a short sale during the housing crisis are emerging from their post-crisis bunkers and buying again or planning to do so in the near future. The trend could allow […]