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When interest rates are low, many people start thinking about refinancing their homes. But is it the right time? For some, it might be, but for others, maybe not. Here’s why: The rule of thumb for refinancing is that there should be a difference of at least 1% between your current mortgage rate and the new rate you can get. So if you’re paying your mortgage at a 5.2% interest rate and the current national average interest rate for a 30-year...

With so many options for managed communities, it’s important for boards to seek opportunities to make their community stand out to potential new residents. Because most people buy from an emotional perspective, the environment and endeavors of a community are huge factors when purchasing a home. From making tangible efforts that result in lower utility bills and higher property values to enhancements that offer convenience and a sense of...