Virginia Beach Named the Best Big City to Live in for 2019

Looking to live the city life? Then Virginia Beach may be an excellent place to plant your roots, and our McLean Mortgage Virginia Beach Team can help with that! A new WalletHub survey named Virginia Beach the best large city to live in in the country, with Austin and Seattle trailing closely behind in second and third place, respectively.

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McLean Marketing
Halfway Through 2019: The Housing Market is Holding Strong

Chief Economist Danielle Hale of realtor.com details how and why the housing market is looking more promising over the next few months. "I don't think we'll get back all the way to...the frenzy we saw at the beginning of 2018," she says. "But it's certainly a possibility that home sales and prices will pick up, especially if mortgage rates stay low."

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McLean Marketing
Homeowners Are Leaving Big Money on the Table by Not Refinancing

Mortgage rates have been on a roller coaster for the last year, but now they’re sitting at the bottom of the track, giving a major boost to the number of borrowers who can benefit from a refinance. The average rate on the 30-year fixed mortgage hit a three-year low of 3.73% last week, according to Freddie Mac. That means 8.2 million borrowers could refinance and lower their interest rates by at least 75 basis points, estimates Black Knight, a mortgage software and analytics company. It’s the largest group since the end of 2016.

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Fourth of July Firework Safety

The Fourth of July is meant to be an enjoyable occasion for all. However, fireworks can be dangerous, causing serious burns and other injuries. There are many ways you can help prevent common fireworks-related injuries and still have a great time.

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McLean Marketing
Tips to Save Money on Your Electric Bill This Summer

As temperatures begin to undoubtedly climb this summer, so will your utility bill. Increased temperatures mean lower thermostats in most houses, and additional air conditioner usage, which results in higher bills. Save your money for that vacation you’ve been dreaming about by following these energy-saving tips this summer.

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McLean Marketing
Take Your New Home For a Test Drive and See How It Runs

“Move-in-ready.” It’s a description created by the real estate industry to characterize a home as ready for prime time. Nothing to be done but pick up the keys and start your life there. And no one is saying that isn’t a great way to start. But significant opportunities abound in prime locations where homes that need work linger on the market. Yes — it means some sacrifice and a good-sized budget, but these fixer-uppers are not to be ignored.

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McLean Marketing
Housing Sales Rise in May

The National Association of Realtors (NAR) reported sales of previously owned homes rose in May, citing falling mortgage rates as a reason the housing market may be heading in the right direction after a sluggish start. According to the Friday report which appeared in the Wall Street Journal, sales rose 2.5% in May from the prior month to a seasonally adjusted annual rate of 5.34 million.

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McLean Marketing