14 Jan 2019
By RESCO Realty

What’s Ahead For Mortgage Rates This Week – January 14th, 2019

Financial Reports, ,
Last week's economic reports included remarks by Federal Reserve Chair Jerome Powell, readings on inflation and core inflation. Weekly readings on mortgage rates and first-tome jobless claims were also released. If the government shutdown continues, it is expected to impact release dates for readings from federal government agencies. Federal Reserve Watches and Waits on Interest Rates as Inflation Slows Fed Chair Jerome Powell said that the Federal Open Market Committee of the Federal Reserve will "wait and see" about raising the target federal funds rate this year. Chairman Powell spoke at a discussion hosed by the Economic Club of Washington,…
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11 Jan 2019
By RESCO Realty

Differences Between A Short Sale And A Foreclosure

Real Estate, ,
If you're looking to get an untraditional deal on a new home purchase, you may encounter either a short sale or a foreclosure. These two terms refer to sales that are not usual. As a homebuyer, it's important to understand the differences between them and how each one might affect your buying experience. What's A Short Sale? A short sale is a situation where the owner has a strong motivation to hurry up and sell their home. In so doing, they're willing to sell for less than what they owe on the house. Homeowners have a variety of reasons why…
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10 Jan 2019
By RESCO Realty

4 Signs You’re Going To Need A Bigger House

Real Estate, ,
There comes a time in every young homeowner's life when they need a bigger house. When you buy a starter home, it's unlikely that will be your forever home. But how do you know when it's time to spend the time and effort to upgrade to a larger home? Here are four signs you're gonna need a bigger house! 1. You Have To Move Stuff To Get To Other Stuff In a house where there is enough room for everything, you can move freely and access all your things without having to rearrange furniture. If you find yourself constantly pushing…
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