All posts by George Duarte

What’s Ahead For Mortgage Rates This Week – April 26, 2021

April 26, 2021 Financial Reports Comments Off on What’s Ahead For Mortgage Rates This Week – April 26, 2021

Last week’s scheduled economic news included readings on sales of new and previously-owned homes and weekly reports on jobless claims and mortgage rates.

March Sales of Previously-owned Homes Dip; New Home Sales Rise

Sales of single-family homes fell in March as demand for homes exceeded availability. 6.01 million previously-owned homes were sold in March on a seasonally-adjusted annual basis; analysts expected a pace of 6.11 million sales based on February’s reading of 6.24 million sales of existing homes. The March reading for sales of pre-owned homes was 3.70 percent lower year-over-year and was the lowest sales pace reported since August 2020.

Do You Need a Real Estate Attorney to Help Close Your Home Purchase? Let’s Take a Look

April 23, 2021 Home Buyer Tips Comments Off on Do You Need a Real Estate Attorney to Help Close Your Home Purchase? Let’s Take a Look

When buying a new home, you may have a close eye focused on your budget and expenses, and your goal may be to keep related expenses to a minimum. However, you may also be well aware that a real estate purchase is a legal transaction, and you may be wondering if you need to pay for legal services from a real estate attorney.

Buying a Home While Relocating is a Smarter Choice

April 22, 2021 Mortgage Comments Off on Buying a Home While Relocating is a Smarter Choice

The idea of buying a home is challenging enough as the process requires a lengthy approval validation, paperwork, financing, and the actual move with logistics. However, when one really looks at what typically occurs with relocation, buying versus renting can start to make more sense over time.

Do Not Procrastinate On These Spring Maintenance Tasks

April 21, 2021 Home Tips Comments Off on Do Not Procrastinate On These Spring Maintenance Tasks

At the flowers begin to bloom and the weather starts to warm up, everyone is thinking about spring cleaning. It is critical to make sure the house is ready for the warmer weather. What are the top spring maintenance tasks that have to be completed? Do not procrastinate on these tasks, as the price could be high.

What’s Ahead For Mortgage Rates This Week – April 19, 2021

April 19, 2021 Financial Reports Comments Off on What’s Ahead For Mortgage Rates This Week – April 19, 2021

Last week’s economic news included readings from the National Association of Home Builders on housing markets along with Commerce Department readings on housing starts and building permits issued. Fed Chair Jerome Powell appeared on 60 Minutes. Weekly readings on mortgage rates and jobless claims were also released.

NAHB: Home Builder Confidence Ticks Up in April

April 16, 2021 Real Estate Comments Off on NAHB: Home Builder Confidence Ticks Up in April

The national reading for home builder confidence rose one point to an index reading of 83 in April; the National Association of Home Builders predicted a reading of 84. Component readings for April’s national index readings were mixed. Builder confidence in current market conditions for single-family homes rose one point to 88. Builder confidence in market conditions for single-family homes in the next six months fell two points to 81 but homebuilder confidence in buyer traffic in new home developments rose two points to an index reading of 75.

3 Easy Ways to Put Aside a Bit of Extra Cash So You Can Pay off Your Mortgage Faster

April 14, 2021 Home Mortgage Tips Comments Off on 3 Easy Ways to Put Aside a Bit of Extra Cash So You Can Pay off Your Mortgage Faster

If your personal budget is similar to many other people’s budgets, your home mortgage payment is by far the largest expense that you pay for each month. In fact, this payment may easily account for 20 or 25 percent or more of your take-home income. Understandably, you may be focused on trying to pay this expense off early.

Let's talk

If you want to get a free consultation without any obligations, fill in the form below and we'll get in touch with you.
(510) 377-9059
Skip to content