Mortgage Affordability: Home-buyers in Suburban Metros Spread Thin
By Liz Dominguez
Amid market challenges like rising interest rates and inventory shortages lies another top concern for today's homebuyer: affordability. Location can have a significant impact on budgeting and how much buyers are able to afford. A recent analysis by Zillow considers financial constraints related to mortgage payments across urban, suburban and rural areas of the U.S.
If you’ve got a painting project on deck and want to be on point in the color trend department, consider Behr Paint’s 2019 Color of the Year: Blueprint S470-5. Created to reflect its namesake, the calming but rich, mid-tone blue is warmer than denim but softer than navy.
"Much like the sketches builders rely on to bring an architectural design to life, Blueprint S470-5 lays a foundation for consumers to make their unique vision a reality," said Erika Woelfel, vice president of Color and Creative Services at Behr. "This universally appealing hue provides a steady stream of positivity and is poised to be an instant classic for years to come."
Unfortunately, the age-old edict of “education and hard work is all it takes to succeed” is no longer the case for many millennials, who are burdened by soaring tuition costs, student loan debt and stagnant wages. The trend has led to an increasing amount of financial stress among millennials, with 74 percent feeling daily stress related to their student loan debt, according to a recent survey from the American Financial Benefits Center (AFBC).
price reduced! located in one of the nicest and very well managed condo on the galt ocean mile. open floor plan with views of ocean and city. extremely well maintained. amenities galore and extra storage if needed. walk to grocery store, restaurants and much more. you never need to get back into your car. the owners have taken care of this unit and although much is original--it is in excellent condition and ready for the next owner.
(Family Features)--Few things compare to the feelings of love and companionship that come with owning a dog. Many owners even call their dogs "fur babies" or say they're a "pet parent." While having a pet comes with responsibilities and commitment, the physical and emotional benefits can make bringing a pet into the family a worthwhile experience.
Consider these benefits of having a pet and why it's one of the most satisfying feelings in the world.
Crossing the threshold to your first home is one of the most exciting moments in a young person’s life... until that first mortgage payment is due. Then the heating bill. And the electric. And the taxes. Let’s face it. Home ownership can be pricey, especially when you’re a newbie.
For those still adjusting to the new financial responsibilities that come with home ownership, there are lots of easy ways to save money by cutting back on some of the expenditures you didn’t think twice about as a renter. Try some of the following ideas, and start building a cushion for home maintenance, new furniture, or adding on a deck.
(Family Features)--If the ultimate goal of your home improvement project is aesthetic, the greatest benefit may come from your personal enjoyment of the new space. However, if you're looking to add true value to your home, it's important to consider which projects are likely to bring the greatest return on your investment.
While smart home technology makes our lives simpler and more efficient, when it comes time to sell your home, things can get tricky if you don’t take the proper steps to protect yourself.
According to The Mortgage Reports (www.themortgagereports.com), begin by making a thorough list of all the devices in your home. Be sure to think this through carefully as you’ve probably come to take much of this technology for granted as it’s become woven into your daily life.
After an April run-up, mortgage rates have slowed, with the average 30-year, fixed rate at 4.55 percent this week, down from 4.58 percent the prior week, according to Freddie Mac's recently released Primary Mortgage Market Survey® (PMMS®). The average 15-year, fixed rate, however, was at 4.03 percent, up from 4.02 percent the prior week—but the average five-year, Treasury-indexed hybrid adjustable rate was 3.69 percent, a tumble from 3.74 percent the prior week.