(Based on information obtained from Freddie Mac on October 3, 2023)

30 Year Interest Rate Average = 5.77% (Yearly Average)

1. Hardwood Flooring

Advantages

• Comes in a range of shades and finishes to suit different interior décor styles.
• Easy to maintain. Regular sweeping and occasional mopping should be enough.
• Doesn’t trap dust, pollen, dander or other allergens.
• Strong and durable.
• Modern hardwood floors can be re-sanded and stained to match current trends.

Disadvantages

Expensive. Low resistance to atmospheric changes. (It expands in summer and contracts in winter) Susceptible to moisture damage. Doesn’t retain...

Furnace and thermostat:

--Today would be a great day to change your furnace filter if you haven’t done it in awhile!  A dirty filter is especially problematic in extremely low temperatures when your furnace is already working its hardest.

--Do NOT set your thermostat back at night or when you leave. It will not be able to recover in the extreme cold. Leave it on the same temperature 24 hours a day.

--Leave your blower set in the “on” position. (Not “auto”). This will allow more even air dis...

This is the time of year when people really start getting their gears moving about possibly selling their home in the coming months!  Besides understanding what the market is doing in your area, and working with a Realtor® to determine what the best things are that you can do to get top dollar on the sale of your home, their are some home improvements you may want to consider to increase that end sale amount!

 Check out this information on Home improvements When You are Thinking About Selling,...

On Wednesday, December 13th, the Fed increased its federal funds rate — which is what banks charge each other for overnight loans — by a quarter percentage point to a range of 1.25% to 1.5%.  Ok, so what does that mean?

Well, if you have a revolving loan with a variable interest rate such as monthly payments on credit cards or an adjustable-rate mortgage, you most likely saw an immediate increase in your monthly payments.

Fixed rate mortgages because of the long-term length have not seen muc...

So as a buyer, I'm sure you know that the day you close is the day you get the keys. Here's what else happens so you know what to expect. For both buyers and sellers. Whether you are closing at the title company or at a local lender's office, the procedure is the same. 

Buyers, sellers, and both realtors arrive at the scheduled time, check in with the desk person, and wait in the lobby. The buyers go into a separate room first with just the lender and/or title agent. The sellers and both real...