Brittney Mitchell, YourAgent

08/16/2023

How to find the best FHA mortgage lender
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An FHA loan is a government-insured loan that offers financing to buy a home with a low credit score, a small down payment, and a cap on closing costs. To find the best FHA mortgage lender, you should shop around banks, credit unions, and mortgage companies. A private lender will offer and underwrit...

08/10/2023

Office Sector Forecast

Brittney Mitchell is a real estate agent with Keller Williams Greater Hartford. Check out Brittney Mitchell's listings or office listings.

08/06/2023

How to pay a mortgage: 5 ways to pay on time
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Paying your mortgage on time helps you build equity in your home, improve your credit score, and prevent you from falling behind. Many lenders offer multiple ways to make the payments including online or over the phone. These payments should be done on a monthly basis, however, you can choose to mak...

07/29/2023

Office Vacancy on the Rise in Hartford Area
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The CBRE report found that the Greater Hartford market is experiencing a high availability rate of nearly 30% due to a large negative absorption of 675,000 square feet. The Hartford North submarket had the most negative absorption of 700,000 square feet, while the City of Hartford had the most posit...

07/20/2023

The General Trend Expected for the US Housing Market

Brittney Mitchell is a real estate agent with Keller Williams Greater Hartford. Check out Brittney Mitchell's listings or office listings.

07/03/2023

Housing Market Potential Increased Modestly in May
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In the month of May 2023, First American Financial Corporation released their Potential Home Sales Model which indicated that potential existing-home sales had increased to a 5.30 million seasonally adjusted annualized rate (SAAR), a 0.19% month-over-month increase. Mark Fleming, Chief Economist, at...

07/02/2023

Mortgage applications surge with decrease in rates
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The Mortgage Bankers' Association's economist, Joel Kan, reported that the MBA Mortgage Applications Composite Index increased by 7.2% compared to a 1.4% decrease a week ago. The Purchase Index increased by 7.6% compared to a 1.7% decrease in the previous week, while the Refinance Index increased by...

06/24/2023

Why '20 Percent Down' Is A Home-Buying Myth In 2023
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The requirement of a 20% downpayment for a home loan is no longer the standard, and buyers can now put down anywhere from 5-20%, depending on their situation. Factors such as credit score, income, and age all affect the amount of the downpayment, with conventional loans requiring a minimum of 3%. Ad...

06/13/2023

What Is an Encumbrance in Real Estate? 9 Things (2023) You Must Know
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Encumbrances are restrictions placed on property by third parties, such as financial institutions or city governments, that limit or restrict how an owner can use their property. These encumbrances can range from liens, zoning laws, easements, and more, and can have varying effects on the market val...

06/06/2023

When you should use your home equity (and when you shouldn't)
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Home equity loans and HELOCs are a unique form of credit that can be used for a variety of expenses without prohibitive interest rates or terms. It is important to consider when to use your home equity, such as when home prices are high, when you need money for home repairs and renovations, and when...

05/29/2023

Steps to Take Before Buying a Rent-to-Own Home

05/28/2023

How Much Is Renters Insurance?
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Renters insurance is an important coverage for people who live in rental properties, as it can cover property damage or loss and protect from potential liability. According to the Insurance Information Institute, the average cost of renters insurance is around $15 per month, however it can vary depe...