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What’s Ahead For Mortgage Rates This Week – January 11, 2021

January 11, 2021 by Michael Addison

Last week’s economic reports included readings on construction spending and reports on the national unemployment rate and job growth. Weekly reporting on mortgage rates and jobless claims were also published. Construction Spending Increases as Demand for Homes Rises Homebuilders responded to increased demand for single-family homes and increased their spending in November. Construction spending rose by 0.90 percent as compared to projected spending of 1.10 percent and  1.60 percent growth in November. Demand for homes increased in recent months due to the coronavirus pandemic. Homeowners left urban areas and bought larger homes in suburban and rural areas. Low mortgage rates, … [Read more...]

Filed Under: Financial Reports Tagged With: Financial Report, Jobs Numbers, Unemployment

Three Subtle Painting Tricks That Will Make Your Home Look Amazing

January 8, 2021 by Michael Addison

When it comes to painting the walls of a house, sometimes subtle is best. You want to add design, color, and texture to the walls, but you don't want it jarring to the eyes. Here are three subtle painting techniques you can try on your home walls. Tissue Paper Texture One easy way to add texture to walls is to use tissue paper. You apply the tissue paper to the walls and it stays there until you want something new. Crumple up a piece of tissue paper into a tight ball and then open it up and smooth it out. Small textured lines will appear on the paper. Those lines will remain when you use the paper on the walls. Use the colored wall paint as glue to adhere the tissue paper to the wall. Paint … [Read more...]

Filed Under: Around The Home Tagged With: Around The Home, Home Maintenance, Upgrades and Renovations

When Is The Best Time Of Year To Buy Things For A Home

January 7, 2021 by Michael Addison

For those who are trying to buy things for their home, it is important to think carefully. Nobody wants to overpay; however, reaching for something cheap may simply end up getting replaced quickly. There are a few highlights that everyone should consider purchasing for their home in January! Purchase Some Furniture In January First, everyone has to make sure they think about buying furniture either in January or July. A lot of furniture manufacturers provide retail stores with new pieces in February and August. Therefore, a lot of furniture will go on sale starting either in January or July. Storage Items Go On Sale In January Again, a lot of stores will roll out sales in January for storage … [Read more...]

Filed Under: Mortgage Tagged With: Home Improvement, January Purchases, Mortgage

The Top House Appraisal Tips For Home Buyers And Sellers

January 6, 2021 by Michael Addison

There are a lot of steps that come with buying or selling a home. One of the routine steps that have to be accomplished is called a home appraisal. When it comes to a home appraisal, this is something that can cause both buyers and sellers to pause for a second. For those who might not know, a house appraisal is where a trained professional will take a look at the fair market value of the home. It is important to understand what happens when a home appraisal is conducted.  Compare The Home To Similar Properties When a home appraisal is conducted, its value is usually compared to homes in the area that are similar. The value of a home is always determined by what similar homes in the … [Read more...]

Filed Under: Mortgage Tagged With: Appraisal, Home Improvement, Real Estate Tips

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