The Guardian

Under a ‘concessionary purchase’, property owners can agree a cut-price sale to incumbent renters to save costs

The no-deposit mortgage that lets tenants buy the home they live in … with a gift from the landlord

GOBankingRates

For people in a position to invest in rental properties, now could be the ideal time. Despite higher-than-average mortgage interest rates, the equity gains and potential for rental income may be able...

Real Estate Experts: Why You Don’t Want To Wait To Invest In Rental Properties

SmartAsset

Is it smart to pay off my mortgage with money from my 401(k) and save $800 more per month? The mortgage balance is $60,000. – Robert Many people consider paying off their mortgage to be a "must do" before retiring. While there are benefits to this approach, there are also tradeoffs, so it's good that […] The post Ask an Advisor: Is It Smart to Pay Off My Mortgage With My 401(k) to Free Up $800 Each Month? appeared first on SmartReads by SmartAsset.

Ask an Advisor: Is It Smart to Pay Off My Mortgage With My 401(k) to Free Up $800 Each Month?

Applications to refinance a home loan jumped 15% last week compared with the previous week. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.87% from 7.00%. Applications for a mortgage to purchase a home fell 3% for the week and...

Mortgage refinance demand jumps to a 2-year high, as interest rates drop

MarketRealist

"If you become locked to your home, and you can't afford to do anything else, that's not a good purchase," Meaike says.

Real Estate Mogul Who Worked Hard to Make Money Warns Potential Homeowners of Common Mistakes

North Carolina State

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Town Talks

Death Disclosure Laws and Property Disclosures in North Carolina. In North Carolina, there is no legal obligation for homeowners or real estate agents to disclose if a death has occurred in a home, whether by natural causes, murder, or suicide. However, if a potential buyer directly inquires about any deaths on the property, the seller is required to provide that information.

If someone dies at your house do you have to tell a potential buyer? What North Carolina law says

Fortune

It’s a tough time to be a homebuyer. In an environment of historically high interest rates and stubborn listing prices, the dream of homeownership is as elusive as ever. But it’s even harder to buy a home when you believe (incorrectly) that you absolutely must have 20% saved up for a down payment.

What is down payment assistance and how do you get it?

rolling out

Owning a home is a significant milestone for many, often accompanied by the burden of a mortgage. While making regular monthly payments is standard, many homeowners overlook the substantial benefits of making an extra mortgage payment annually. This seemingly small step can lead to significant financial savings, faster loan payoff, and increased home equity. In this article, we’ll explore the various advantages of making that additional payment each year and how it can positively impact your financial future.

The value of making an extra mortgage payment annually

The Motley Fool

Even with moderating inflation, there's still a big problem for retirees with whatever next year's COLA will be.

Here's the Latest 2025 Social Security COLA Estimate -- and Why It's Both Good News and Bad News for Retirees

Lancaster County, PA

NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

The Social Security Administration is upgrading its "my Social Security" personal accounts online. The goal is to provide a simpler login experience and more secure online access, the agency said. But first, some users may have to log in and transition their current accounts. The Social Security Administration is updating...

Why the Social Security Administration may want you to update your personal account online

Illinois State

Joliet, IL

Industry monitor IIR told Reuters on Wednesday most of the refinery's units were expected to be down for a week with plans to restart over the upcoming weekend. The power outage took 16 units offline on Monday night, according to data from IIR. "Our refinery lost power abruptly during the...

Exxon's Joliet, Illinois, refinery still without power after tornado

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Apple Valley News Now

Lying on an insurance application can seem like an easy work-around to soften the burn of today’s rising auto insurance rates. But the practice can end up costing drivers more than it stands to save them.

Lying to Get Cheaper Car Insurance Can End Up Costing You

California State

The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Virginia State

In Virginia, Drinking in public or offering another person alcohol in a public space is prohibited. This is a class 4 Misdemeanor punishable by a fine of up to $250.00. Under a new law that goes into effect on July 1, this will change to a degree.WDBJ7 reports that the prohibition on drinking or offering an alcoholic beverage to someone else in public will no longer apply under the following conditions.

Drinking in public will no longer be prohibited on private Campgrounds in Virginia beginning July 1

High interest rates and tight housing supply are hurting both homebuyers and sellers. The extent of the residential real estate crisis varies widely from state to state, and in some top states, climate risks are also rising. Because companies consider the residential real estate market when deciding where to locate,...

These are America's 10 best states for buying and selling a home in 2024, with a big caveat at No. 1

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. KEY POINTS. Middle-class Americans have a median...

Here's the Average Middle-Class American's Retirement Savings. How Do You Compare?

President Joe Biden faces mounting pressure by leading Democrats to drop out of the 2024 election contest against former President Donald Trump. The pressure on Biden stems from concerns that he could not only lose the White House, but also cost the Democratic Party party its Senate majority and doom any chance it has of regaining a House majority.

Biden under intense pressure from Democrats to drop out of election against Trump

You might decide to sell your home after you retire for one of many reasons. Maybe you need the cash or have outgrown the large family house. You might also want a less expensive mortgage, or the...

5 Reasons Retirees Regret Selling Their Homes in Retirement

NewsBreak

Some renters may be ‘mortgage-ready’ and not know it. Here's how to tell

In 2022, 39% of the 134 million families residing in the U.S. did not own the home they lived in, according to estimates from the American...

Some renters may be ‘mortgage-ready’ and not know it. Here's how to tell

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