Contracts Legal Fees Renovations 
Appraisal Today
JUNE 7, 2024
In the six years since, the main residence has been renovated and now features upgraded amenities. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.07 from 0.63 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.
PennyMac
AUGUST 14, 2024
Flexibility in Moving: Typically, you'll have up to 60 days post-closing for moving, giving you ample time for packing, furnishing or even some renovations. Unexpected Expenses: Budget for possible repairs, inspections or legal fees that might arise during either transaction.
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