Instant Reaction: Mortgage Rates, October 12, 2023

Mortgage interest rates inched upwards and closer to the 52-year average (7.74% since 1971) by hitting 7.57% this week. While some may remember a time when rates were higher, home prices then were also considerably lower and more on par with income. The current mortgage rate means a $2,253 monthly

Cybersecurity and Real Estate

According to a recent information session from National Association of REALTORS® Associate Counsel Jessica Edgerton, the only way business owners can be 100 percent protected from cybercrime is to shut down their computer, bury it in the backyard and set it on fire. However, as more and more real

Saving for a Down Payment

Many first-time homebuyers believe that they need to be able to be able to finance a down payment of 20 percent to buy a house. However, according to data from the National Association of REALTORS®, a majority of homebuyers purchased their home with a down payment of 6 percent or less. The current