Great Homes in Reno
All of the best homes and properties in the Reno/ Sparks area. Lee Langley, LPT agent. S0197946
06/18/2023
These are the latest mortgage rates — and they increased from this time last week
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These are the latest mortgage rates — and they increased from this time last week Mortgage rates in the U.S. increased from the previous day and were up from the same time last week. The average rate for 30-year, fixed-rate mortgages reached a 52-week high of 7.27%. 15-year fixed-rate loans, jumbo mortgages, 5/1 adjustable-rate mortgages, Federal Housing Administration-insured mo...
Happy Father’s Day
06/17/2023
Housing market predictions for summer 2023
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Housing market predictions for summer 2023 The summer real estate market of 2023 is an uncertain one, with stubborn inflation, volatile mortgage rates, high home prices, and an impending recession. Dave Meyer, host of the BiggerPockets "On the Market" podcast and author of "Real Estate by the Numbers" shared his predictions for mortgage rate...
Federal Reserve Pauses Interest Rate Hikes
Happy Flag Day
06/14/2023
Discover Home Equity Loans
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Discover Home Equity Loans Discover is a great option for those looking to take out a home equity loan, offering low fees and easy online application process. They don't charge loan origination fees, appraisal fees or other costs at closing, however, they may charge a $500 prepayment penalty in some states. They offer conveni...
06/13/2023
What Is an Encumbrance in Real Estate? 9 Things (2023) You Must Know
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What Is an Encumbrance in Real Estate? 9 Things (2023) You Must Know Encumbrances are restrictions placed on property by third parties, such as financial institutions or city governments, that limit or restrict how an owner can use their property. These encumbrances can range from liens, zoning laws, easements, and more, and can have varying effects on the market val...
06/13/2023
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Homes Remain Hard to Find for Buyers
06/11/2023
Mortgage rates bounce back up after falling for two weeks
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Mortgage rates bounce back up after falling for two weeks Mortgage rates have been in the 6-7% range for the last 8 months and have increased this week after falling for two weeks in a row. Economic crosscurrents are causing uncertainty, and the debt limit standoff in Washington is creating further uncertainty about the future of the housing market. If a d...
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