Securing a home loan is probably one of the most stressful parts of buying a new home. To get the best loan possible, it’s important to know what factors affect interest rates — a fraction of an interest rate can translate into thousands of dollars less or more over the life of a loan.
WASHINGTON — Sales of new U.S. homes slipped 0.6 percent in February, a third straight monthly decline. But year to date, sales are up 2.2 percent compared with 2017 in a sign that buyer demand remains solid.
There is a perception among developers that if you build a condominium you may as well be building a wasp’s nest. Veering into that market has gotten many builders stung by lawsuits over purported construction defects.