Mindblown: a blog about philosophy.
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Honoring Our Nation’s Heroes on Memorial Day.
This day honors the brave men and women who have sacrificed their lives to defend America's freedom.It became an official federal holiday in 1971. Americans observe Memorial Day by visiting cemeteries and memorials.
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First-Time Buyers Beware: NAR’s $418M Settlement
The settlement aims to shift commission responsibility to buyers, potentially reducing costs for sellers in the process. Legal experts anticipate negotiations over commissions, which may pose challenges for both agents and first-time buyers.
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Oklahoma’s Rent: The Salary You Need
Median monthly rent: $989 Monthly income needed: $3,297
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Guide to buying your first property
One of the most crucial decisions in life is whether to buy property, seen as both a home and an investment. Consider affordability, shop around for loans and properties, research the neighborhood and property developers, and save for attorney fees before making a purchase. Continue to full article
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Happy Mother’s Day
Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society. The origins of commemorating motherhood dates back to the Ancient Greeks, where in spring festival, they celebrated the goddess Rhea, considered the Mother of the Gods. Anna Jarvis’s lobbying…
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Will mortgage rates rise after this week’s Fed meeting?
The Federal Reserve meeting this week will impact mortgage rates. A rate cut is unlikely due to high inflation. Mortgage rates may rise even if the Fed keeps rates steady. Homebuyers can still secure lower rates by buying points, considering adjustable-rate mortgages, or shopping around for the best deals. Continue to full article
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Forget the Crash Forecasts: Why Do Home Values Keep Climbing?
Home values continue to ↑ despite crash forecasts. Factors such as low mortgage rates and high demand are driving this trend.
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What is conditional mortgage approval, and what does it mean for your home purchase?
Conditional approval in the mortgage process is a crucial step where a lender approves a loan pending certain conditions. Meeting these conditions is necessary for final approval before closing on a home. Pre-qualification and preapproval are earlier stages in the process, with preapproval requiring more detailed financial information. Final approval, also known as unconditional approval,…
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Oklahoma: Sooner Savings, Your Dream Home Awaits
Oklahoma nurtures a dynamic middle class, with incomes ranging from ~$41K to ~$123K. Residents enjoy manageable debt costs, totaling $27,384/yr, promoting long-term financial security.
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Finding a New Mortgage Lender After Pre-Approval: It’s Not Without Risk
You can switch lenders after pre-approval, but it comes with risks. It's best to choose a lender before finding a home. Reasons to switch include responsiveness, rate, reputation, and loan program. Rushing approval with a new lender involves providing necessary documentation promptly. Start shopping for a lender early to reduce stress later. Continue to full…
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