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3 Ikea Hacks That Can Be Done in a Weekend’s Time

Whether you're moving into your first apartment or preparing to purchase a second home, Ikea is a favorite for those trying to economically fill up the extra space in their home. While Ikea may have plenty of inexpensive options that you might not think can be dressed up, there are actually a lot of simple pieces that you can add to for a stylish, DIY look that will take no time at all. Cue The Cocktails The popularity of the bar cart has seen a resurgence, but many of these decorative pieces can be quite pricey for the person who…
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How Are Mortgage Rates Determined?

If you've been paying attention to the mortgage rate news, you may be wondering exactly how it is banks decide what mortgage rates to offer. Do they just pick a number at random? Mortgage rates may seem somewhat arbitrary, but there's actually something of a science to them. So how does your bank or lender determine what your interest rate will be? Here are just some of the factors that go into the equation. Rates Always Account For Inflation First and foremost, every mortgage interest rate needs to account for inflation. Inflation is the average annual change in purchasing power…
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NAHB: Home Builder Confidence Holds Steady in May

The National Association of Home Builders reported that home builder confidence in the U.S. housing market conditions held steady for the fourth consecutive month in May. Builder confidence stayed at a reading of 58, which was the number expected by analysts and was also the reading for April. Analysts said that the consistency in readings signified expansion in housing markets. Any reading over 50 indicates that more builders than not are confident about market conditions. Components of the NAHB Housing Market Index include readings on builder confidence in current market conditions which held steady at 63 and builder confidence in…
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