by Emello Pagani | Jun 3, 2021 | Buyers & Sellers, Interest Rates
Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. If you’ll be able to work remotely for the long-term or your overall needs have simply changed, it’s a great time to sell your house and move up. Why? With...
by Emello Pagani | May 20, 2021 | Interest Rates, Move-Up Buyers, Pricing, Sellers
The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity skyrocket too. Every time real estate...
by Emello Pagani | Apr 21, 2021 | Buyers & Sellers, Interest Rates
This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage. In reality, there’s still time to secure a rate far below...
by Emello Pagani | Apr 7, 2021 | Closing Cost, Home Buying, Interest Rates, Mortgage Rates, Taxes
The answer to whether closing costs are tax-deductible — is often the most frustrating one- “It depends.” Basically, you’ll want to itemize if you have deductions totaling more than the standard deduction, which for 2021 is $12,550 for a single person and $25,100 for...
by Emello Pagani | Feb 15, 2021 | Buyers, First Time Home Buyers, Interest Rates
There are so many great reasons to purchase a home, and over the past year, we’ve realized more of them than we ever thought possible. If you’re a first-time homebuyer, having a home of your own can give you a greater sense of security and accomplishment in a time...
by Emello Pagani | Feb 4, 2021 | Housing Market Updates, Interest Rates
The Federal Open Market Committee (FOMC) left future economic policies virtually unchanged at this month’s meeting, indicating that short-term mortgage rates will stay low for years to come. “The pace of the recovery in economic activity and employment has moderated...
