Homes priced at the top 25% of the price range for a particular area of the country are considered “premium homes.” In today’s real estate market, there are deals to be had at the higher end! This is great news for homeowners wanting to upgrade from their current Continue Reading
Are 3% Mortgage Rates in our Future? For Some, They are Already Here
3 percent mortgage rates: Will they become a wide reality? Mortgage rates are already much lower than many thought they would be in 2019. For real estate borrowers, the new reality of lower rates means it will be much easier – and cheaper – to finance and refinance real Continue Reading
Drop in Rates Leads to Jump in Mortgage Applications
MCLEAN, Va., Jan. 10, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing rates dropped significantly across the board. Sam Khater, Freddie Mac’s chief economist, says, Continue Reading
Where Are Interest Rates Headed In 2019?
The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created Continue Reading
5 Tips For Starting Your Home Search
In today’s real estate market, with low inventory dominating the conversation in many areas of the country, it can often be frustrating to be a first-time homebuyer if you aren’t prepared. In a recent realtor.com article entitled, “How to Find Your Continue Reading
1236 Apache Ave, South Lake Tahoe, CA 96150
Well loved, single story home with a Master Bedroom/Bath, in the heart of the desirable community of Meyers, in So Lake Tahoe. This sweet home offers Vaulted Ceilings, a Large Lot with Mountain Views, a walk to Paradise Park, the Magnet School, a full service market/deli, Continue Reading
6 Reasons Why Selling a House in the Winter May Be the Best Decision Ever
Spring is generally the most popular time of year to sell a house, with hordes of buyers looking to move into a new place before the school year begins. But if you decide to sell your home during the winter, experts say you could reap a reward in cold, hard Continue Reading
Top 4 Home Renovations For Max ROI
Some Highlights: Whether you are selling your home, just purchased your first home or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most Return On Investment (ROI). Minor Continue Reading
Cohan Financial
Interest Rate Impact
As interest rates increase for home buyers, not only does the monthly payment go up, but so does the amount of income needed to qualify to purchase a home. Check out this example to see how interest rates affect a buyer's bottom line. Continue Reading
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