What Are The Top Ways To Win A Bidding War?

Right now, there are not a lot of houses for sale, as inventory and new home construction continue to lag behind buyer demand. In addition, low mortgage rates are accelerating demand, meaning that in many situations the sellers are receiving multiple offers. Therefore, it is important for potential buyers to do everything they can to win a bidding war. What are a few ways buyers can give themselves an advantage? Get Pre-Approved For A Home Loan The first thing interested buyers need to do is to get pre-approved for a home loan. Because many sellers have options, they might be…
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Dealing with the Summer Heat? How to Keep Your Home Cool Without Using a Ton of Energy

Many people look forward to the long, relaxed, sunny days of summer, but they also dread opening up their energy bills throughout the summer months. Cooling a home can be costly, and many are searching for convenient ways to lower cooling costs without sacrificing on comfort inside the home on the warmest days of the year. These are just a few of the cost-effective and convenient options that can help homeowners to reduce cooling costs throughout the summer. Keep The Blinds Closed A significant amount of heat can enter a home through the windows, and blinds and curtains provide an…
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What’s Ahead For Mortgage Rates This Week – June 7, 2021

Last week’s economic reporting included readings on construction spending and public and private-sector employment data. Weekly reports on mortgage rates and jobless claims were also released. Census Bureau Reports Construction Sending Up by 9.8 Percent Year-Over-Year Construction spending rose by nearly 10 percent year-over-year in April. Overall construction spending rose by $1.542 billion on a seasonally-adjusted annual basis. Construction spending rose by 0.20 percent in April, which fell short of the expected 0.50 percent reading, and was lower than the March reading of 1.0 percent growth in construction spending. Residential construction spending increased by one percent in April as compared…
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