A mortgage rate is the interest rate you pay on the loan you take out to buy a house. This rate is expressed as a percentage and is calculated based on various factors, including your credit score, the type of loan you choose, and the economy's overall health.
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Much of California had never fully recovered from the financial crisis and recession in 2008 before the COVID-19 pandemic and financial crash slammed the region. Home prices in San Diego are still steadily dropping. They recently saw their most significant drop since the Great Recession.
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If you want to get your first house through traditional methods of financing, it may be a bit difficult. These days, cash buyers are more attractive to sellers than traditional financing. So, what do you do if you are unwilling to sink such a large amount in a single property? Delayed financing.
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Selling your first home can be overwhelming and emotional. It holds a lot of memories, time, and effort. It is okay to feel this way, but it is also vital to keep your emotions in check. Otherwise, they may cloud some crucial aspects you should not overlook.
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Whether you have a big budget to spend or are working on a smaller one, there are a few ways that you can certainly add value to your property. Here are 5 ideas to help increase the value of your home – with something to suit every budget!
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