Mortgage rates have been on the rise in recent months, reaching the highest level in over two decades. This is due to a number of factors, including inflation, the Federal Reserve’s interest rate hikes, and the global economic uncertainty. As of October 1,v2023, the average interest rate for a 30-year fixed-rate mortgage is 7.77%, accordingContinue reading “Recent Mortgage Rates and What They Mean for You”
Author Archives: Alexander Kroening
What I am doing in August 2023
Freddie Mac announced last week that mortgage rates reached their highest level in over 20 years. And if you are considering on what you should do next, let me help you decide and explain what I am currently doing and plan on doing going forward in hopes that the housing crisis can get better. TheContinue reading “What I am doing in August 2023”
INVESTING IN THE STOCK MARKET FOR BEGINNERS
Over the last couple months, I have covered many real estate topics, talked about credit scores, personal finance, and even more real estate topics, today, I am diving into talking about the stock market. The stock market can be a daunting place for beginners. There are so many different terms to learn, and it canContinue reading “INVESTING IN THE STOCK MARKET FOR BEGINNERS”
REAL VS. PERSONAL PROPERTY EXPLAINED
When it comes to real estate, there are two main types of property: real property and personal property. Real property is the land and anything attached to the land, while personal property is anything else, typically things that can be moved. The distinction between real and personal property is important for various reasons. For example,Continue reading “REAL VS. PERSONAL PROPERTY EXPLAINED”
Popular Real Estate Terms To Know
Real estate is a complex industry with its own unique vocabulary. If you’re thinking about buying or selling a home, it’s important to familiarize yourself with some of the most common real estate terms. This will help you understand the process and make informed decisions. Now there are many terms to know in real estate,Continue reading “Popular Real Estate Terms To Know”
Renting vs. Buying a Home: Which is Better for You?
The Renting vs Buying debate is always a trending topic in the real estate community. Some think it is in your best interest to buy, while others think it is always best to rent. What do I think on this debate? Well I am going to list the pros and the cons of both, andContinue reading “Renting vs. Buying a Home: Which is Better for You?”
BATON ROUGE, LOUISIANA MARKET UPDATE
Before buying or selling a home, many people start off by asking themselves what the real estate market is like right now? They want to make sure that they don’t overspend, or undersell their home. They want a fair market value when they buy or sell their home. So today, in this post right here,Continue reading “BATON ROUGE, LOUISIANA MARKET UPDATE”
How To Get A Mortgage
Yesterday I had the privilege of helping my father find a car at a local dealership. Our car salesman was a young 20-year-old. After spending a few hours there, and many conversations, he found out that I was a licensed Realtor. One of his questions was, “How do I get a mortgage?” I explained aContinue reading “How To Get A Mortgage”
How To Improve Your Credit Score
Your credit score is a number that lenders use to assess your creditworthiness. It’s based on a variety of factors, including your on-time payment history, the amount of debt you owe, and the length of your credit history. A good credit score can help get approved for loans, or even qualify for lower interest rates,Continue reading “How To Improve Your Credit Score”
Why you Should Invest in Real Estate in 2023
Real Estate has long been considered a sound investment, and 2023 is no exception. In this blog, I am going to list out some pros and cons to real estate and real estate investing. Let’s jump right in! PROS: Cons: In the above example, I wanted to share an example of what could happen inContinue reading “Why you Should Invest in Real Estate in 2023”
Alexander Kroening- REALTOR 