RALPH’S PRESS

How to Shop for a Low Mortgage Rate

Good news, house hunters: Home prices have started to cool. Prices are still rising, but annual home price appreciation slowed from April to June, with June marking the strongest single-month deceleration in home price growth ever, according to Black Knight, a...

What are net proceeds?

When listing a home on the market, the amount of money you’ll ultimately pocket from the sale is often top of mind. The money a home seller keeps after all fees, commissions, closing costs and other expenses have been paid is referred to as net proceeds. READ MORE

Latest mortgage news: 30-year rate at four-week low

The average rate on 30-year mortgages slipped to 5.55 percent this week, down from 5.59 percent the previous week and hitting a four-week low, according to Bankrate’s national survey of large lenders. READ MORE

How to get a home equity loan with bad credit

To get a home equity loan with bad credit, you’ll likely have to have a low debt-to-income ratio (DTI), a high income and at least 15 percent equity in your home. Having poor credit means you might face a tougher time borrowing money, but it’s not impossible to...

Homebuying Tips for Every Stage of Life

For many people, buying a home is the biggest purchase they'll ever make because it is both a financial and an emotional decision, said Kevin Bazazzadeh, real estate investor and founder of Brilliant Day Homes. Different ages and stages of life may bring different...

Is it time to relocate to a more affordable area? What to consider

The number of Americans who moved in 2021 increased 20 percent, North American Van Lines reports, and many chose to relocate to a different out-of-state market for a cheaper cost of living. Relocating due to affordability concerns can make a lot of financial sense,...