interest rates: Fixing your Personal Finances for Homeownership
- 05/17/11 06:05 AM
Personal finance is an important factor in homeownership. Your credit rating and history impacts your interest rate, monthly mortgage payments, and insurance rates. The most common reasons for a financial downfall are medical fees and change and/or loss of employment. Everyone experiences difficult times, but it doesn't mean that you can't bounce back from a financial downfall. Make a list of all of your outstanding balances.Outstanding and late balances can negatively affect your credit rating. This is a big part of finding out your financial shortfall. You can begin to repair your finances once you know where you stand. Contact your … (2 comments)
interest rates: Are bidding wars coming back to the DC real estate market?
- 04/05/11 07:36 AM
Over the past few weeks, DC realtors have seen an increase in buyer activity and a lack of supply of high quality homes in DC and Northern Virginia. This trend is evident in properties ranging from condominiums in Logan Circle to single family homes in American University Park. We are witnessing a lesson in Economics 101: Supply & Demand.
Are bidding wars coming back to Washington DC? The short answer is Yes, but only in certain sought-after DC neighborhoods such as Dupont Circle, Logan Circle, and American University Park. DC realtors are seeing 3-4 offers w/ escalation clauses on … (2 comments)
Personal finance is an important factor in homeownership. Your credit rating and history impacts your interest rate, monthly mortgage payments, and insurance rates. The most common reasons for a financial downfall are medical fees and change and/or loss of employment. Everyone experiences difficult times, but it doesn't mean that you can't bounce back from a financial downfall.
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