Author: Mark Spano (Mark Spano)

2019 Housing Market Expectations
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2019 Housing Market Expectations

Here’s what to expect from the housing market in 2019: Rate Hikes Continue Quick Look: Housing Trends November Brought an Increase in Existing-Home Sales Housing Starts increased 3.2% in November 2018. Mortgage Delinquency Rate Fell to lowest level in 18 years in August 2018. Sources: Realtor.com® 2019 National Housing Forecast. National Association of Home Builders®. National...

Navigating Closing Costs
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Navigating Closing Costs

Taking on the home buying process is a monumental task. Between the paperwork, phone calls, and constant stress, it can be easy to forget about the cost of closing on a home. And more often than not, buyers are surprised by how expensive closing costs can be. But before you can prepare for closing costs,...

Home Maintenance Tips for The Winter
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Home Maintenance Tips for The Winter

Let’s cut to the chase; home maintenance isn’t all that fun. And as we come closer to the holidays we find ourselves with more and more to do. But as much as we’d like to stay in bed all day and watch re-runs of “Friends,” we all know that home maintenance is an important part...

Improve Your Credit Score in 3 Easy Steps
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Improve Your Credit Score in 3 Easy Steps

Staying on top of your finances is easier said than done. Budgeting, reducing spending on luxury items and overall monitoring of expenses is needed to maintain financial stability. A credit score is direct proof of your capability to pay off your debt through credit. 6 months is the usual amount of time it takes to...

What Are Closing Costs?
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What Are Closing Costs?

When you sit down to sign the papers to buy a home, you will most likely be required to pay closing costs. Mortgage closing costs are the fees associated with the home buying and lending process. What is included in my closing costs? The types of closing cost fees can vary based on region, property...

Mortgage Rates Step Back
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Mortgage Rates Step Back

MCLEAN, Va., Aug. 16, 2018 (GLOBE NEWSWIRE) — Freddie Mac(OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that mortgage rates decreased slightly for the second consecutive week. Sam Khater, Freddie Mac’s chief economist, says mortgage rates remained mostly flat over the past week, which has been the dominant theme...

Should I Pay Mortgage Points?
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Should I Pay Mortgage Points?

If you are buying a home or refinancing, you have probably heard about “mortgage points.” This form of pre-paid interest can save you thousands of dollars over the course of your loan but in many circumstances is not worth the upfront cost. How do you know whether to pay points or not? Here’s a quick...

Happy Independence Day 2018!
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Happy Independence Day 2018!

We wish you a Happy Independence Day and hope that your day is filled with great food, fun, friends, family and fireworks. Let us all remember the founding of our great nation and the freedoms we enjoy and all those that have sacrificed so much for us and our country. May we all come together to...