12 Jun 2023
By RESCO Realty

What’s Ahead For Mortgage Rates This Week – June 12, 2023

Financial Reports, ,
Last week’s scheduled economic news included results from Fannie Mae’s National Housing Survey and weekly readings on mortgage rates and jobless claims. Fannie Mae Survey Shows Lower Home Buyer Confidence in May Fannie Mae reported lower home buyer confidence in housing market conditions in May. High home prices and rising mortgage rates challenged prospective home buyers while providing favorable conditions for sellers. 65 percent of consumers surveyed for Fannie Mae’s Home Purchase Sentiment Index believed that it was a good time to sell their homes as compared to 62 percent of consumers surveyed in April. This was the highest consumer…
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09 Jun 2023
By RESCO Realty

The Most Common Dangerous Home Issues

Around The Home, ,
The most important reason to check for dangerous home issues is to ensure the safety of you and your family. Leaving home issues unchecked can cause significant damage to your property and if you're planning to sell your home in the future, it's important to ensure that it's free of dangerous issues that could affect its value. Here’s What to Look For: Electrical problems: Faulty electrical systems, exposed wires, and outdated circuits can pose a serious risk of electrical fires, electrical shock, and electrocution. Mold: Mold is a type of fungus that grows in damp, warm environments and can cause…
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08 Jun 2023
By RESCO Realty

How Do You Make A Household Budget

Real Estate, ,
Creating a household budget can be a helpful way to track your spending and ensure you are meeting your financial goals. You will need to examine your fixed expenses that are the same each month, such as rent or car payments and your variable expenses that change each month, such as groceries or entertainment.  Dealing with debt can be challenging but incorporating it into your budgeting strategy can help you regain control of your finances. Here are some steps you can take to effectively manage your debt while budgeting: Assess your debt: Begin by gathering all your debt information, including…
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