Ways To Use Your Tax Refund If You Want To Buy a Home

Written by Hutchinson Island Mortgage Syndicated User on April 12, 2024. Posted in Buying Tips, First-Time Buyers, For Buyers, Hutchinson Island Condo Financing, Hutchinson Island Mortgage, Hutchinson Island Mortgage Rates, Mortgage Rates.

Have you been saving up to buy a home this year? If so, you know there are a number of expenses involved – from your down payment to closing costs. But did you also know your tax refund can help you pay for some of these expenses? As Credit Karma explains:“If one of your goals is to stop renting and buy a home, you’ll need to save up for closing costs and a down payment on the mortgage. A tax refund can give you a start on the road to homeownership. If you’ve already started to save, your tax refund could move you down the road faster.”While how much money you may get in a tax refund is...

Should I Move with Today’s Mortgage Rates?

Written by Hutchinson Island Mortgage Syndicated User on April 11, 2024. Posted in For Sellers, Hutchinson Island Condo Financing, Hutchinson Island Mortgage, Hutchinson Island Mortgage Rates, Mortgage Rates.

When mortgage rates spiked up over the last few years, some homeowners put their plans to move on pause. Maybe you did too because you didn’t want to sell and take on a higher mortgage rate for your next home. But is that still the right strategy for you?In today’s market, data shows more homeowners are getting used to where rates are and thinking it may be time to move. As Mark Zandi, Chief Economist at Moody’s Analytics, explains:“Listings are up a bit as life events and job changes are putting increasing pressure on locked-in homeowners to sell their homes. Homeowners may also be slowly...