2024

1 in 10 homebuyers tap retirement accounts for down payments

One in 10 homebuyers use retirement accounts for down payments, which financial planners say can be a reasonable option if done as a loan. The IRS sets limits to protect savings, and while it affects long-term growth, it can make sense for those prioritizing homeownership. Younger buyers are more likely to use this option, but it's advised to explore other options first. Continue to full...

Mortgage rates rise toward 7% after declining for prior 2 weeks

Mortgage rates are rising, with the average rate for a 30-year fixed mortgage reaching 6.87%. Economists predict rates will stay high for a while, impacting the housing market. Fannie Mae expects rates to remain above 6% for the next two years. Home prices are high due to a shortage of inventory. Continue to full article...

Best Places to Live in Nevada for Families

Winnemucca: A smaller, suburban city in northwestern Nevada with above-avg schools and a relatively affordable cost of living. Elko: A suburban city in eastern Nevada with outdoor recreational opportunities, a warm rental market, and a favorable home price-to-income ratio....

Happy April Fool’s Day

Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market! Dream on… Happy April Fool’s Day!...

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