I have a rental property that I paid $100,000 for, and I am going to sell it to my daughter for the same amount. I’ll finance the property for her. She wants to live in the property for two to three years as her primary residence. If she sells the property after two years for...
The Dupont Circle neighborhood in Northwest Washington isn’t known for its affordable housing. In fact, the charming rowhouses in the community are generally priced well over $1 million even if they haven’t been completely renovated. The centrally located neighborhood, walkable to many of the city’s liveliest areas and served by Metro and numerous bus routes,...
Once a thriving tobacco plantation, Bellevue is “an important example of Prince George’s County’s early architectural history” and was placed on the National Register of Historic Places in 1986. Susan G. Pearl of the Maryland Historical Trust says the home “is one of only three surviving examples in Prince George’s County of this once popular...
Mortgage rates climbed higher this week following long-term U.S. Treasury yields. The movement of bonds usually is one of the best indicators of whether mortgage rates will rise or fall. When yields go up, home loan rates tend to follow. With the bond market anticipating a Federal Reserve rate increase later this year, Treasury prices...