š” What Is the Gift Tax and Why It Matters Many homebuyers get help from family or friends when buying a home. But did you know that large gifts of money can trigger something called theĀ āgift taxā?Ā Donāt worry ā itās not as scary as it sounds. The federal government...
š¤ Should You Wait to Buy a Home? Itās one of the biggest questions buyers ask today: āShould I wait for house prices to come down before I buy?ā While itās understandable to want a ābetter deal,ā the data shows that prices are not likely to drop significantly anytime...
š Rents Are Still Climbing Rents have gone upĀ 30%Ā since before the pandemic, according to recent data fromĀ Cotality, a housing analytics firm. Thatās a huge jumpāand the increases havenāt stopped. Today, average rents are still rising aboutĀ 3% per year, and in some...
š Why Payment History Is So Important Your credit score tells lenders how trustworthy you are with money. Out of all the things that impact your score, payment history is the biggest piece ā a full 35%! That means even just one late payment can lower your score,...
š The Surprising Hidden Benefit of Higher Interest Rates Your Cost of Borrowing May Be Lower Than You Think While most people think high interest rates are all bad news, there’s a silver lining that savvy homeowners and buyers should understandāa potentially...
