How Color Can Affect Your Home and Psyche

Are you dreaming in color of your future new home? You probably can't wait to get your hands on a paintbrush and a bucket of beautiful new paint. But how will you choose the colors to decorate your new home? If you've been to a paint store recently, you know there are thousands upon thousands of shades to choose from. Choose wisely, because color can affect your home and psyche. Shades of Purple Whether you call it purple or eggplant or violet or plum, purple evokes feelings of warmth and vitality in a home. The dustier shades of plum are…
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What’s Ahead For Mortgage Rates This Week – June 10th, 2019

Last week's economic releases included readings on construction spending, public and private sector jobs and national unemployment. Weekly reports on mortgage rates and first-time unemployment claims were also released. Construction Spending Little Changed in April Census Bureau readings for April showed a minor dip in construction spending as compared to revised figures for March. $1,295.5 billion was spent on a seasonally-adjusted annual basis and missed the expected reading of $1,314.7 billion. March construction spending was revised to $1,299.2 billion. Falling mortgage rates were good news for home buyers, but concerns over global economic disputes and higher materials prices concerned home…
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Renovations That Improve Resale Value And Those That Don’t

Those who want to renovate a home usually do this to make it more spacious, improve its condition, and to add amenities. However, it is also important to consider if the renovation has the potential to add value to a home. Unless the plan is to live in the same place for life, there is a strong likelihood that, at some point, the home will go on the market for sale. It is nice if it sells for a high price and there is some profit for the seller in the transaction. It is not the amount spent on renovations…
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