Category: Economy

5 Reasons to Hold Real Estate in a Land Trust

April 10th, 2024
Are you a target for tenant lawsuits? Are your assets easy to locate? Do you own rental properties in your own name? You wouldn’t walk around with a financial statement taped to your forehead would you? So why would you …Read more  »

What Happens When Interest Rates Rise: Causes & Effects?

April 8th, 2024
When it comes to the economy, inflation and interest rates are two crucial concepts that are intertwined with each other. Interest rates refer to the cost of borrowing money, while inflation is the increase in prices of goods and services …Read more  »

How Long Does It Take to Get a 700-800 Credit Score?

April 8th, 2024
A credit score of 700-800 is considered very good. It is above the national average credit score, and it will qualify you for the best interest rates and terms on loans and credit cards. An 800 credit score is considered …Read more  »

First-Time Home Buyer Government Programs: Guide for Buyers

April 5th, 2024
Buying a home is a major life milestone, and it can be especially daunting for first-time homebuyers. The down payment, closing costs, and monthly mortgage payments can all add up to a lot of money. But don't worry, there are …Read more  »

Why Are Mortgage Rates So High and Going Up?

April 2nd, 2024
If you are thinking of buying a home or refinancing your existing mortgage, you might be wondering why mortgage rates are so high. High inflation, one of the most potent culprits, sits at the forefront of the problem. When the …Read more  »

Impact of Rising Mortgage Rates on Real Estate

April 1st, 2024
In real estate, the trajectory of mortgage rates holds profound significance. As interest rates rise, they cast a formidable influence on the dynamics of the real estate market. This article delves into the pivotal role that escalating mortgage rates play …Read more  »

How To Improve Your FICO Credit Score: A Guide

March 31st, 2024
Improving your FICO® credit score is a gradual process that demands patience and diligent financial management. These scores are a crucial measure of your creditworthiness, playing a significant role in determining the terms of loans, mortgages, and credit cards you …Read more  »

How to Calculate Market Value of Property?

March 31st, 2024
When a real estate housing market crashes, there are so many foreclosure and bank REO sales, that figuring out the real value of a property can be difficult. When there is a large supply of properties available for sale in …Read more  »

Banking Crisis 2024: Causes of Bank Collapse & Prevention

March 31st, 2024
In this article, we will discuss banking crises. In today's world, the economy is heavily dependent on the banking system. Banks are essential institutions that provide credit, manage savings, and promote investments. However, just like any other sector, the banking …Read more  »