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Getty ImagesThe once-hot housing market has been humbled in recent months. Higher mortgage rates, raging inflation, and widespread recession fears have brought the market to a standstill. Now a wave of mass layoffs at the country’s largest and highest-profile tech companies could hobble it even further. Meta, formerly known as Facebook, laid off ab...
- Tuesday, 29 November 2022
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pawel.gaul/iStockThe annual percentage rate, or APR, is how much you’ll pay in interest and other fees when borrowing money (e.g., when you get a mortgage loan or a credit card). APR can also be considered the total cost for borrowing money over a one-year period. The “and other fees” clause is key here. When home buyers get a loan, they often obse...
- Monday, 28 November 2022
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designer491/ShutterstockWhat is a pre-qualification letter? A mortgage lender will give you this official document once you decide you might want to borrow money from the lender. But how much will that letter actually boost your chances of successfully making an offer on a house? Experts say it offers very little help. “I tell most people they can ...
- Monday, 28 November 2022
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Realtor.comA mansion known as the “Glass House,” in Boulder, CO, delivers crystal-clear Rocky Mountain views. Built in 2008, the four-level masterpiece has hit the market for a whopping $12,995,000. “The No. 1 feature of this home is the setting—sitting on a hill overlooking Boulder, offering incredible views to the west and to the east,” says Hunt...
- Monday, 28 November 2022
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Fotoamator/iStockCan you show your home with an offer on the table? Sure, you’ve found a (nearly) perfect buyer. You’ve accepted the offer, which means you’re in wedded bliss and off the market, so to speak, right? Not so fast! Just as a romantic relationship can go sour, so can your real estate transaction. No matter how perfectly matched your buy...
- Monday, 28 November 2022
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