HomeKeepr Blog

The housing market is undergoing a significant shift. Elevated mortgage rates are leading to more cautious buyer activity, while the number of homes available for sale is increasing.

Hey there, homeowners! Are you feeling the heat of the real estate market? Well, you're not alone! With rising prices and fierce competition, it's vital to take proactive steps to prepare and protect your home investment. In this blog post, I'll explore some practical tips that can help you navigate this challenging real estate landscape. So, let's dive right in!

Before you move into the home of your dreams, you'll need to decide what type of mortgage will work best for your financial needs. One type is an adjustable-rate mortgage, also called an ARM. What is an ARM? We’ll explore this kind of loan so that you can decide if it’s right for you. An adjustable-rate mortgage or ARM is a home loan with an interest rate that adjusts over time. These rates are governed by benchmarks such as the U.S. Treasury and are influenced by economic conditions and your credit score. These are unlike a fixed-rate mortgage which keeps the same interest rate and payment for the life of the loan.

Owning real estate can provide much financial security, freedom, and a sense of pride. However, its multiple responsibilities, such as tenant issues, contracts, and maintenance, can be challenging and take significant time and effort. A landlord can suffer legal and financial ramifications without proper preparation and knowledge. Whether a newcomer to owning rental properties an experienced manager, the following tips will help you build and protect your financial investment.

As a homeowner, or soon to be homeowner, you can get some pretty sweet tax deductions from things related to your home. Some tend to change from year to year, like those for energy-efficient upgrades, others are pretty stable, like being able to deduct mortgage interest.