by Laura Baliestiero | Dec 14, 2021 | Home Buying, Mortgage Rates
In December, mortgage rates remain stable. The 30-year fixed mortgage rate moved lower from 3.10% to 3.11% during the week ending 12/9/2021. It seems that Investors are optimistic that the omicron variant of Covid-19 will not have a significant impact on markets. ...
by Laura Baliestiero | Nov 12, 2021 | Advice for Homeowners, Home Buying, Housing Market Updates
The Challenge For some time now, real estate reporters have been talking about the challenges facing home buyers. Chief among these challenges is the lack of available homes for sale. This supply shortage has led to rapid price appreciation and bidding wars in many...
by Laura Baliestiero | Jun 9, 2021 | Home Buying, Homebuilding, Millennial home
The housing supply is currently at its lowest level since the 1970s. Goldman Sachs said the shortage could last for years due to millennial home buying and fewer starts. There also won’t be enough foreclosures to make a meaningful impact on the market, the bank says....
by Laura Baliestiero | Apr 7, 2021 | Closing Cost, Home Buying, Interest Rates, Mortgage Rates, Taxes
The answer to whether closing costs are tax-deductible — is often the most frustrating one- “It depends.” Basically, you’ll want to itemize if you have deductions totaling more than the standard deduction, which for 2021 is $12,550 for a single person and $25,100 for...
