Review mortgage terms: Understand any prepayment penalties or limitations on selling in your mortgage agreement. Assess tax implications: Selling within two years may result in capital gains tax; consult a tax advisor for guidance. Understand financial costs: Selling early incurs expenses like REALTOR® commissions and closing costs; assess the...

A normal part of the mortgage application process, conditional approval means the lender will give you a home loan, provided you address certain additional criteria. Common conditions to change ... Continue to full article...

Rents in Georgia are lower than the median rent across the US. Overall, the median rent in the state was $1,753 in Early-Q4. Median rent by size: - Studio: $1,362 - 1-bed: $1,414...

Obtaining a mortgage with unpaid collections can be difficult and costly, with factors like the type, age, and amount of the collection affecting eligibility. Unpaid collections can lower credit scores, increase interest rates, and limit loan options. To enhance eligibility, individuals can correct credit report errors, pay bills promptly, consider credit builder loans, and save for a larger down...

Bankrate is a financial advisory platform that provides accurate and unbiased information to help consumers make smart financial decisions. The platform focuses on mortgage rates, lenders, and the homebuying process. Bankrate's content is created by qualified professionals and is not influenced by advertisers. The platform also provides a historical overview of mortgage rate trends from the 1970s...

The Mortgage Bankers Association's latest Loan Monitoring Survey shows that the number of loans in forbearance has decreased slightly. GSE loans, Ginnie Mae loans, and portfolio loans have all seen a decline in forbearance rates. The majority of borrowers in forbearance are facing temporary hardships or are affected by COVID-19. The performance of loan workouts has been solid but declined last...

In many southern and western states, it's extremely rare to find a single-family home without Homeowners associations (HOA).Homeowners may face unexpected financial burdens from property-related fees and penalties. Unresponsive HOAs can lead to legal actions, such as putting a lien on a home and garnishing wages....

The "singles tax" refers to additional costs faced by single individuals when living alone. A report shows that singles living alone in 1-bedroom homes can spend up to $7K more than couples splitting the cost. To manage solo living, singles must set a budget, typically allocating 30% to 33% of their income for housing and related expenses....

Instead, they typically move up and down with 10-year Treasury yields, because mortgage rates are largely impacted by investor demand. "Fixed mortgage rates are typically set based on the yield of ... Continue to full article...

Decatur, Il: 77 Ponca City, OK: 80.4 Augusta-Aiken, GA.-SC: 82.8 Anniston-Calhoun County, AL: 83...