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FOXNEWS America Reports June 4, 2024 17:34:00

Operate near indianapolis, they recently launched this new neighborhood concept with detached homes, 3 to 400 square feet smaller, cheaper than a typical build, expanding the kitchen area, taking away the dining room all together in some cases, taking out like bathtubs, you ll still have the bathrooms but not as big, and whaty are doing, much smaller lots to save on the cost as well, and increasing landscaping to try to provide privacy because you are, you know, you are smooshed in there in a lot of cases. is this the way we are going, doug? well, i think robert is on to something. think about how the home marke was for a while, builders were building big homes, not small starter homes for first time buyers. they could make more money on a big house. now all of those potential buyers are in a house with a low interest rate mortgage from the past couple years and they are not giving up the house and not putting it on the market and not ....

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Mortgage Basics For Beginners

Buying your first home can be an exciting (and likely stressful) life event. Between researching neighborhoods, meeting with realtors, securing financing, and navigating inspections and negotiations, purchasing a home can be a painstaking process. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110122:22:40:00

$5,000. there is going to be that inevitable paint job or window draperies at the new place. so if you add all that together, you can get a lot of remodeling done for that kind of money. gregg: yeah. i remember back in the early 80s, 15, 16, 17% interest rate. your reason number 5 is, hey, if you fix up, you get to keep your low, low interest rate mortgage, which is what many of below 5% now. exactly. hopefully if you re in your home today, you ve either bought recently and locked in that rate below 5% or been able to refinance and you ve locked in a rate below 5%. those are just unbelievably low rates. you re not probably going to get another rate that good in your lifetime. so if you can remodel and stay there long-term, you can have that 5% for the remainder of the loan period. move and a year or two, you re probably going to pay 6, 7%. gregg: if you do a 15 year mortgage, it s even lower than ....

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