Mortgage Rate Articles

‘We remortgaged to renovate and our home’s worth an extra £200k’ – but with rising rates, is it still so easy?

We paid $48,000 for our house and saw the price fall by almost $8000. which seemed like a lot at the time. today that house is worth well over $1m. Despite that initial fall, I’m pretty happy we bought when we did! So. In the past, we know that after each fall, prices have bounced back quickly and continued to grow.

When do sellers typically lower asking prices?. why can’t it just be we don’t want to be giving our homes away at a disgustingly low price, People pay more for their cars sometimes than some house’s. We’ve lowered our price to just above the appraisal so we can offer a cash incentive.

I have received at least 10 calls in the last month from mortgage companies asking if I would like to refi. When I say no and tell them my current rate, they immediately ask if I need extra cash. 1) Since rates are still low but up from the bottom by over .5%, their focus seems to be primarily to get people to take more money out.

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Hi Will – Based on our previous experience, and that of people we know and trust, we’ll never be in one either. The coup de grace for me was the day I was at a real estate closing – I was handling the mortgage for someone who was buying in my HOA neighborhood – and the real estate agent (who also lived in the nbhd) was bragging to the buyer to "get in close with so-and-so, she knows.

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We are lucky enough to have no mortgage on our home (worth maybe 220K). We’d like to move and buy a house we’ve seen for 250K. Is it a crazy idea to remortgage our existing home and use savings to make up the shortfall to buy the second home.

House offer – how low is insulting? – Real Estate – Home –  · Instead we will decide on a max price based on what we think it is worth and what we can afford, and then try our best to stick to it once things start rolling. Our price would of course be influenced by how much we personally like the house as you said, so if we like the house enough to go 10k over what we think it is technically "worth", then.

Ecology building society uses the money lodged with it to finance mortgages primarily to people who want to build their own environmentally friendly homes or who want to renovate. we have increased.