When is the right time to purchase your first home? The answer differs across age groups.One in five parents say they expect their child to own a home by age 25, yet this doesn’t match up to reality. Younger adults tend to feel the most pressure to own a home, but they’re still waiting on their own time terms, according to a new survey from Porch.com, a home remodeling website. Porch.com surveyed nearly 1,000 individuals betwee
Consumers with financial or housing questions turn to the internet. In particular, consumers seem to have a lot of questions about income taxes and mortgages.TermLife2Go, a review site, analyzed Google data to find the top questions about money and organized the info by state.Income tax was the most Googled term in 23 states. New tax laws that took effect may be causing the influx in tax questions.New York City is home to more
Color can greatly influence people's perception of not only physical spaces but those online, too. How one feels about certain colors is largely subjective, but there are some universal themes that researchers have recognized. “With the rise of the internet and the shift to online marketing and e-commerce, this reach has expanded to include web design,” notes DesignAdvisor.net, a professional website design service.The color of your website
Bank of America has made several recent moves to reduce the borrowing costs of would-be home buyers who have faced affordability constraints. The bank's latest offer: mortgages with no origination fees for buyers with little savings for a down payment. The promotion is available through Oct. 31.The offer applies only to loans backed by the Federal Housing Administration, Department of Veteran Affairs, Freddie Mac’s Home Possible program, and Ba
Even as paperless transactions simplify the homebuying process, not everyone wants to go completely digital. So for buyers who want to opt out of an online closing or are not eligible for one, Notarize, an electronic notarization provider, has debuted a “hybrid closing” option. With this process, buyers can review and sign the majority of closing documents digitally, but the paperwork will still be physically furnished on settlement
Airbnb guests are showing concern about being under surveillance, with 11% saying they’ve discovered a hidden camera in a property they rented and 58% saying they’re worried about being spied on, according to a survey from IPX1031, a service provider of exchange transactions nationwide.About a quarter of respondents say they don’t have a problem with cameras inside common areas such as living rooms or kitchens, according to the survey.The u
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Moving to a new home can impact sleep quality, but how long can you expect sleep schedules to be disrupted? Returning to normalcy can take longer than you might think.Healthy Sleep, a firm that researches sleep quality, surveyed more than 1,000 Americans who moved in the past year to learn how the move affected their sleep and how they eventually got a better night’s sleep after their move.Sixty-four percent of respondents said their sleep qual
This marks the sixth consecutive weekly decline for mortgage rates, leaving some borrowers wondering how low will they go. The 30-year fixed-rate mortgage averaged 3.82% this week, the lowest average since September 2017.“While the drop in mortgage rates is a good opportunity for consumers to save on their mortgage payment, our research indicates that there can be a wider dispersion among mortgage rate offers,” says Sam Khater, Freddie Mac’
Home design reality TV shows may be inspiring more consumers to take on a house flip for themselves. The U.S. home flipping rate reached a nine-year high in the first quarter of this year, ATTOM Data Solutions reports.In the first quarter, 49,049 homes were flipped, representing 7.2% of all home sales during the quarter—the highest home flipping rate since the first quarter of 2010, the report shows. Researchers define a home flip as a property
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