| Buying a home is a great way to improve your family’s financial security. The main way this happens is through home equity. What is equity? |
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Mortgage rates continue to fall, with fixed-rate mortgage rates reaching new record lows last week for the second consecutive week, Freddie Mac reports in its weekly mortgage market survey.
“Fixed mortgage rates continued to ease somewhat this week to record lows and should help the ongoing housing recovery,” said Frank Nothaft, Freddie Mac’s chief economist. |
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As the housing market slowly improves, more consumers are finding themselves in the market for a new home, or at least one worth dreaming about.
One place they start their search is an open house tour, though they can forget these are helpful for more than just checking out the kitchen’s color scheme. Open houses are a smart way to gauge whether a listing’s catching heat and if it’s worth seeing again in a private showing. |
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