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...
Las Vegas has the 7th smallest gap between owning and renting, with a difference of $241/mo. The median monthly cost of a mortgage in Las Vegas sits at $1,726....
Some Nevada homebuyers may save up to $440 per month with proposed programs in Las Vegas. President Biden's budget includes a Mortgage Relief Credit in 2025, offering tax credits of $10,000 split over two years for first-time buyers. The plan aims to help middle-class families purchase homes and stimulate the housing market. Continue to full article...
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....
6. South Carolina: - Property tax rate: 0.58% 5. Utah: - Property tax rate: 0.57%...
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!...
The new-home market in Las Vegas has seen a strong start in 2024 due to lower mortgage rates, leading to increased sales. Builders are adapting well to rising rates, with expectations of further improvements in the housing market. Affordability remains a concern, but new product lines and communities are being introduced to meet demand. Continue to full article...
Easter is a Christian holiday that celebrates the belief in the resurrection of Jesus Christ.However, according to many theologians, Easter originally began before the arrival of Christianity.It is believed that Easter is named after the Anglo-Saxon goddess of the dawn and spring, known as Eostre.Examples of Easter traditions include Easter eggs and related...
