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Mortgage Rates Continue To Inch Upward Amid ‘Sluggish’ Housing Market

Mortgage Rates Continue To Inch Upward Amid ‘Sluggish’ Housing Market

by JHOAdmin | Jul 22, 2022 | News

The 30-year fixed-rate mortgage averaged 5.54% as of July 21, according to data released by Freddie Mac on Thursday. That’s up 3 basis points from the previous week—one basis point is equal to one hundredth of a percentage point, or 1% of 1%. The average rate on the...
Echoes of the Great Recession: Is Mortgage Lending Becoming Riskier Again?

Echoes of the Great Recession: Is Mortgage Lending Becoming Riskier Again?

by JHOAdmin | Jun 15, 2022 | News

In the wake of the devastating housing crash of the late aughts—and the Great Recession it helped trigger—protections were put in place. Bad mortgages were scuttled. Lenders became far choosier on who could qualify for loans. Laws were passed to ensure the world’s...
Buying New Construction? How Rising Mortgage Rates Can Add Thousands to Your Loan

Buying New Construction? How Rising Mortgage Rates Can Add Thousands to Your Loan

by JHOAdmin | Jun 1, 2022 | News

Woo-hoo! You’ve decided to buy a new-construction home in a pretty, woodsy development, complete with that never-been-lived-in smell. But we’re here with a reality check to make sure you keep your money in your pocket where it belongs. Because even if you locked in a...
The Fastest-Growing Cities Are in Just 2 States. Can You Guess Which Ones?

The Fastest-Growing Cities Are in Just 2 States. Can You Guess Which Ones?

by JHOAdmin | Jun 1, 2022 | News

The nation’s fastest-growing cities are more like popular suburbs located just outside of the hottest real estate markets. And they are all clustered in just two states: Texas and Arizona. During the height of the COVID-19 pandemic, smaller cities just beyond the city...
Expired! 6 Surprising (and Concerning) Household Items That Actually Go Bad

Expired! 6 Surprising (and Concerning) Household Items That Actually Go Bad

by JHOAdmin | Apr 18, 2022 | News

It turns out, milk isn’t the only thing that can turn sour in your home. Besides all the obvious food items that can go bad and wreak havoc in your kitchen, a surprising number of household items can (and do) expire, often without any clear signs that they are past...
Homeowner Groups Seek to Stop Investors From Buying Houses to Rent

Homeowner Groups Seek to Stop Investors From Buying Houses to Rent

by JHOAdmin | Apr 18, 2022 | News

Small groups of neighborhood volunteers are blocking companies from buying single-family homes, rewriting homeownership rulebooks to thwart investor purchases of suburban housing. These groups, called homeowner associations, spend much of their time enforcing rules...
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