You own a Florida lot where you’d like to build your dream home/retirement haven/new family headquarters. But, alas, you’re not a builder and don’t know one. If you choose to try it on your own, you know you’ll have to hire contractors. Research and coordinate materials and deliveries. Function as your own job superintendent. All while maintaining everyday life during the process — your job, kids and perhaps other responsibilities.
How Fed Rate Increases Affect Home Buyers
What happens when interest rates go up? That’s a tricky question. On Dec. 14, 1016, the Federal Reserve Board announced a 0.25 percentage-point increase in the federal funds interest rate, to 0.75 percent. This was viewed as a good thing because it indicates the Board’s confidence in a resurgent and …