Mortgage Rates Remain Low
For 10 out of the last 11 weeks, mortgage rates have remained in the low four-percent territory.
The national average 30-year fixed rate rose just 1 basis point (0.01%) to last Thursday, says Freddie Mac.
You wouldn’t think rates would be this low.
The stock market just crested 26,000 for the first time in history. Companies are reporting healthy…
It’s a nightmare situation: You’ve spent months searching for your dream house, finally get an offer accepted, and then … the house doesn’t appraise for the agreed-upon price.
Now what?
Take a deep breath
It can be very stressful for both buyers and sellers if a deal falls apart because of the appraisal. But you’re not alone. Low appraisals happen more often than you might think,…
Financing for flippers
Sometimes a good investment won’t wait. You have the chance to buy an ugly but sound house, make some easy improvements and flip it fast for a 25 percent gain. Those opportunities don’t come around every day. But you’re competing with cash buyers! How do experienced investors buy fast without paying all-cash? With “hard money.” Note: Carlson Mortgage does not…