Two things can happen when the mortgage rates go up before you’ve found a home or locked-in your mortgage.  You’ll either pay the current mortgage rate which means a higher payment, or you’ll have to increase your down payment to keep the monthly payment at the same level. If the rate were to go up […]

Square footage is commonly used to determine if a home will fit a buyer’s needs.  The price per square foot can be used to compare the costs of different homes and even, determine the value of a property. The challenge is what is the source of the square footage measurement and how was it done. […]