What’s Ahead For Mortgage Rates This Week – September 28, 2020

  Last week’s economic news included readings on new and existing home sales and Fed Chair Jerome Powell’s testimony on changing the Fed’s business loan policy. Weekly readings on mortgage rates and jobless claims were also released. Sales of New and Pre-Owned Homes Rise In August New homes sold at a seasonally-adjusted annual pace of 1.01 million sales; analysts expected the sales pace to fall to 900,000 sales from July’s reading of 965,000 new home sales. Homebuyers turned to new homes as the supply of pre-owned homes dwindled. Homeowners stayed put as fears over COVID-19 contagion limited sales. Pre-owned homes…
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Four Surefire Ways to Irritate Potential Buyers and How to Avoid These Costly Mistakes

Irritating any potential buyers is the last thing you want to do when selling a house because it is can be a challenging and sometimes lengthy process. The buyer is going to have a wide array of options when deciding on a new home, so they have no problem going somewhere else if they see something they do not like. While there are a plethora of ways for a seller to irritate a potential home buyer, these are the four most common – and most costly. Pricing The House Too High There is nothing worse you can do when trying…
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Selling to Millennials: High-Tech Upgrades That Will Increase Your Home’s Appeal to Young Buyers

Millennials are finally starting to enter the real estate market after delaying home purchases for several years. With a completely new client base looking for homes, it is time to start making your home more appealing to these young buyers. Millennials are used to using high-tech gadgets every day, so they are going to desire these things in their new home. While there are several high-tech upgrades you can make on your home, these three will appeal the most to young homebuyers. Keyless Entry: Security for the New Millennium Keyless entry doors are becoming a popular way of keeping a…
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