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Brexit 1 Month Later: The Impact on Mortgage Rates




Brexit 1 Month Later: The Impact on Mortgage Rates | Keeping Current Matters

Just over a month ago, the United Kingdom decided to withdraw from the European Union in a decision commonly known as Brexit. At that time there was a lot of speculation on how that decision would impact the U.S. residential mortgage market. Today, we want to look at the impact of the first 30 days.

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Slaying Myths About Home Buying [INFOGRAPHIC]




Slaying Myths About Home Buying [INFOGRAPHIC] | Keeping Current Matters

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Rents Skyrocket at Highest Rate in Almost a Decade




Rent Set to Exceed $535 Billion Paid Last Year | Keeping Current Matters

The Consumer Price Index (CPI) was released by the Labor Department last week. An analysis by Market Watch revealed the cost of rent was 3.8% higher than a year ago for the second straight month in June. That’s the strongest yearly price gain since 2007.

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A Homeowner’s Net Worth is 45x Greater Than a Renter’s!




A Homeowner’s Net Worth is 45x Greater Than a Renter’s! | Keeping Current Matters

Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).

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3 Questions Every Buyer Should Ask Themselves




3 Questions Every Buyer Should Ask Themselves | Keeping Current Matters

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate market.

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