A Beginner’s Guide to Dominican Republican
Locating on island of Hispaniola in the Caribbean region, Dominican Republican is a nation with two countries shared island. Dominican Republican is the second largest Caribbean nation after Cuba both by population and area. Its island is occupied by Haiti nation. Its motto is “Dios, Patria, Libertad”. In English, “God, Fatherland, Liberty” is the motto of the country.
Will Rising Interest Rates Threaten Our Fledgling Economic Recovery?
In less than two months, since the beginning of January till the end of February, the 10-year Treasury Note yield had increased by a stunning 54.9% percent, from 0.91% to 1.41%. Some argue that this increase in the U.S. Treasury yields is caused by the improving economy, but the strongest underlying factor seems to be a fear of an upcoming inflation attributed to government’s printing (borrowing) and spending money. The increasing cost of credit will affect the housing market, putting a downward pressure on its prices and affordability. The housing market is critical to the overall health of the economy as it affects many jobs, consumer spending and the overall wealth of our nation. While there are signs of a fledgling economic recovery, another presumably well-intended stimulus, can be counterproductive and harmful. The focus should be on wisely using the unspent stimulus money, which Congress had already approved last year, keeping the interest rates low and re-opening the economy while the vaccination efforts gain momentum and the Covid infections and deaths go down.
5 Things You Need From Your Real Estate Attorney!
In my, over 15 years, as a Real Estate Licensed Salesperson, in the State of New York, I have witnessed, many real estate attorneys, and, how, some, harm the process/ deal (get in the way), while others, are, extremely valuable, to the successful process! I always, suggest, one choose a lawyer, who, specializes, in real estate law, so he is familiar with as many of the potential nuances, as possible, in this transaction period! Ideally, the individual, you choose, will protect your interests, but, be part of the solution, instead of, get, in the way, of the deal, by refusing…
Sometimes, the name of a location can mislead you. Either you will be pleasantly surprised, or you will be disappointed. Research the location before you visit.
5 Ways Low Interest Rates Impact The Real Estate Market
We are currently, undergoing, a period of time, when, mortgage interest rates, are, at, or, near record lows, for a significant period of time. This creates, a series of ramifications, and impacts, when it comes to real estate, especially, as it comes, to creating demand, and, the ability of potential buyers, to buy a home! Obviously, when interest rates are lower, a buyer is capable of buying a more expensive house (for his buck), because, the amount of monthly payments, are a key consideration, in determining, how much, a lender, will approve.