13 May 2024
By RESCO Realty

What’s Ahead For Mortgage Rates This Week – May 13th, 2024

Financial Reports, ,
An extremely light week following the FOMC, with the only note-worthy reporting being the Consumer Sentiment reports from the University of Michigan, which gives a long term outlook of the consumer on the economy. The report has come in well under expectations, much more so than any previous release in the last 6 months. This is largely due to the increase in the cost of living for every sector. Consumer Sentiment The University of Michigan’s gauge of consumer sentiment fell to 67.4 in a preliminary May reading, down from 77.2 in the prior month. Primary Mortgage Market Survey Index 15-Yr…
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10 May 2024
By RESCO Realty

Understanding, Paying, and Benefiting from HOA Fees

Homeowner Tips, ,
Are you considering purchasing a property governed by a Homeowners Association (HOA)? If so, you've probably come across the term "HOA fees." What exactly are these fees, who pays them, and why are they necessary?  What Are HOA Fees? HOA fees, short for Homeowners Association fees, are regular payments made by homeowners to the HOA that governs their community. These fees are typically used to cover various expenses associated with maintaining and managing the common areas and amenities within the community. What Do HOA Fees Cover? Maintenance and Repairs: One of the primary purposes of HOA fees is to cover…
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09 May 2024
By RESCO Realty

A Guide to Home Security Systems

Real Estate, ,
In today’s world, where the safety of our homes and loved ones is paramount, investing in a robust home security system is essential. Whether you're a homeowner or renting, ensuring your peace of mind through effective security measures is achievable. Let's discuss the essentials of home security systems and how you can fortify your home against potential threats. Understanding Home Security Systems Home security systems encompass a range of devices and technologies designed to protect your home from intruders, emergencies, and other threats. These systems typically include: Alarm Systems: Alarm systems are the backbone of home security. They include sensors…
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