February 2013 Miscellaneous Economic Fundamentals

Ally

Research Assistant
Registered
Mar 24, 2009
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#2
Top 5 home improvements that boost property value




Owning a home is quite an amazing thing. Not only is it a major capital asset but it is also one`s personal dwelling, a place where you can leave your mark. Individuals who have invested in a property, especially a house, have ways and means of consistently improving it, creating and boosting the property`s value.




However, what can boost property value? TheRedPin.com looks at the Top 5 things that home buyers should do to add value to their home, especially when considering creating rental income and selling the property in the near future. This list is in no particular order.





Read the full article here.
 

Ally

Research Assistant
Registered
Mar 24, 2009
16,745
70
48
Langley
#3
Bad news is good news for variable rate mortgages


Hundreds of thousands of borrowers with variable-rate mortgages (VRMs) are rooting for prime rate to stay low.




For those people, this past week`s dreary economic data had a silver lining. Mortgage rates generally move with economic growth expectations, and those expectations dimmed this week. That led more economists to push back their forecasts for the next rate hike (yes, again) to 2014.





Read the full article here.