Getting Ready For Winter: Necessary Home Checks

When the leaves start falling, winter can't be far behind. In order to make sure your home will offer you cozy shelter from the coming cold, there are a few simple checks that you should not delay. It's wise to perform simple pre-checks of major home operating systems; schedule required maintenance or call for service if you suspect a problem. Be diligent about routine upkeep; replace filters regularly. Check for faucet drips, and make note of unusual appliance or plumbing fixture noises. Here are five areas you should not ignore: The Roof  A tight roof is vital all year long,…
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What’s Ahead For Mortgage Rates This Week – August 20th, 2018

Last week's economic reports included readings from the National Association of Home Builders and Commerce Department releases on Housing Starts and Building Permits issued. Weekly readings on mortgage rates and first-time jobless claims were released, along with a monthly report on consumer sentiment. NAHB: Home Builder Housing Market Index Drops 1 Point August's reading for the National Association of Home Builders Housing Market Index dropped one point to 67. This was the lowest reading for home builder confidence in housing market conditions in 11 months. Analysts said that trade wars are causing concern among builders due to higher costs for…
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Pros and Cons of Downsizing After Retirement

With Baby Boomers already rolling into retirement and Gen X looking forward to shrugging off the stress of the 40-hour work week, downsizing could be a strategic move. For many Americans, homeownership remains their single largest investment and the monthly mortgage payment their highest bill. Lowering or nixing that cost altogether can free up a considerable amount of cash that could be used for retirement security or leisure activities. Keep in mind, your "golden years" should be just that, so enjoy them. That being said, there are pros and cons to consider when deciding whether to downsize to a less…
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