27 Wednesday Feb 2019
As a homeowner, there are many things to be thankful for. For example, as home values increase, so does your family’s wealth. Let’s get together to discuss how homeownership can benefit you and your family.
27 Wednesday Feb 2019
Posted in Home buying
27 Wednesday Feb 2019
Posted in Columbia tell me what you think?, Home buying
Tags
#interestrates, #Kellerwilliamsrealty, #Mortgagerates, #RMFRealty, #Rozalynfranklinrealtor, #SCRealtor
According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018!
Last week’s survey results reported an interest rate of 4.35%. This is a welcome change from the near 5% rates seen in mid-November. At 4.32%, the second week of February 2018 was the last time rates were this low. This can be seen in the chart below.
Freddie Mac’s Chief Economist, Sam Khater, had this to say:
“Mortgage rates fell for the third consecutive week, continuing the general downward trend that began late last year.
Wages are growing on par with home prices for the first time in years, and with more inventory available, spring home sales should help the market begin to recover from the malaise of the last few months.”
If you plan on buying a home this spring, meet with a local real estate professional who can help prepare you for today’s market before rates increase!
18 Monday Feb 2019
Posted in Uncategorized
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In a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.”
Bach went on to explain:
“Homeowners are worth 40 times more than renters. Now, that first home doesn’t need to be a dream home, it can be a very small home. You might literally have to buy a small studio apartment, but that’s how you get started.”
Then he explains the secret to buying that home!
“Don’t do a 30-year mortgage. You want to take that 30-year mortgage and instead pay it off early, do a 15-year mortgage. What happens if you do a 15-year mortgage? Well, one, you pay the mortgage off 15-years sooner, that means you’ll be able to retire in your fifties. Number two, you’ll save a fortune (on potentially hundreds of thousands of dollars in interest payments).”
What will it cost to pay your mortgage in fifteen years? He explains further:
“For fifteen years, you got to brownbag your lunch. Think about that! Brownbag your lunch literally for fifteen years. You can retire ten years sooner than your friends. You’ll have real wealth, because you bought a home – you’re not a renter. And you’ll be financially secure for life.”
Whenever a well-respected millionaire gives investment advice, people usually clamor to hear it. This millionaire gave simple advice – if you don’t yet live in your own home, go buy one.
Bach is a self-made millionaire who has written nine consecutive New York Times bestsellers. His book, “The Automatic Millionaire,” spent 31 weeks on the New York Times bestseller list. He is one of the only business authors in history to have four books simultaneously on the New York Times, Wall Street Journal, BusinessWeek and USA Today bestseller lists.
He has been a contributor to NBC’s Today Show, appearing more than 100 times, as well as a regular on ABC, CBS, Fox, CNBC, CNN, Yahoo, The View, and PBS. He has also been profiled in many major publications, including the New York Times, BusinessWeek, USA Today, People, Reader’s Digest, Time, Financial Times, Washington Post, the Wall Street Journal, Working Woman, Glamour, Family Circle, Redbook, Huffington Post, Business Insider, Investors’ Business Daily, and Forbes.
18 Monday Feb 2019
Posted in Uncategorized
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15 Friday Feb 2019
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Some Highlights:
Every year United Van Lines conducts their National Movers Study by tracking their customer’s movement state-to-state over the course of the year.
Vermont claimed the top spot of states with the highest percentage of inbound residents following a campaign that covered relocation costs for skilled workers who moved to the state.
The most common response for why someone relocated to another state was for a new job or company transfer.
Posted by rozalynf | Filed under Uncategorized
14 Thursday Feb 2019
Posted in Area Homes For Sale, Avoiding Foreclosure, Home buying
Tags
95 Smokewood Dr, Elgin, SC
$ Click for current price
3 BEDROOMS | 3 Baths (2 full, 1 half ) BATHROOMS |Beautiful 3 bed, 2.5 bath in family friendly neighborhood of Wedgewood, easy access to Columbia, and Camden A real must see
Presented By:
Rozalyn Franklin
Agent
Keller Williams Realty
803-318-6412
Licensed In: South Carolina
License #: 39084
