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Understanding Sales Price vs. Appraised Value in Real Estate

Understanding Sales Price vs. Appraised Value in Real Estate

Whether you're buying or selling a home, you'll frequently hear the terms sales price and appraised value. These concepts are key to navigating the transaction process, and understanding them can make all the difference. Let’s break them down into s

Nov 19, 2024 | Purchasing a Home

Why the Federal Reserve and Short-Term Interest Rates Don’t Dictate Mortgage Rates and How the Federal Deficit Affects Home Mortgages

Why the Federal Reserve and Short-Term Interest Rates Don’t Dictate Mortgage Rates and How the Federal Deficit Affects Home Mortgages

The Federal Reserve’s interest rate changes often make headlines 📰, leading many to think that when the Fed hikes or cuts rates, mortgage rates will follow automatically. However, mortgage rates 📉 are influenced by different factors, including long-

Nov 13, 2024 | Interest Rates

Preparing for Your First Mortgage Payment: Key Details to Know

Preparing for Your First Mortgage Payment: Key Details to Know

After buying your home, it’s time to prepare for your first mortgage payment. At Greenkey Financial we want to help you get off to a great start owning your new home! Here’s everything you need to know about your first mortgage payment, along

Nov 12, 2024 | Purchasing a Home

Is FHA Streamline Refinance Right for You?

Is FHA Streamline Refinance Right for You?

If you've ever thought refinancing your home was as challenging as climbing a mountain, you’re not alone. Fortunately, for homeowners with an FHA loan, the FHA Streamline Refinance program offers a simpler way to achieve lower payments and potential

Nov 05, 2024 | Refinancing a Home

Should You Buy a Condo Vacation Property?

Should You Buy a Condo Vacation Property?

Investing in a vacation property is an exciting step, and condos often stand out as a compelling option. With a combination of convenience, community, and strategic locations, condos can meet a variety of vacation needs. But is it the right choice for you

Oct 29, 2024 | Purchasing a Home

The Rise of Single Women Homeowners: Tips for Navigating the Journey

The Rise of Single Women Homeowners: Tips for Navigating the Journey

In recent years, there has been a remarkable shift in the demographic makeup of homeowners, with single women emerging as key players in the real estate market. An in-depth analysis of anonymous U.S. household data in 2023 revealed that homeownership rate

Oct 22, 2024 | Purchasing a Home

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