Delightful Refuge Blog

What You Need to Know About Today’s Mortgage Rates

What You Need to Know About Today’s Mortgage Rates

If you’re keeping an eye on mortgage rates, you might be wondering why they haven’t dropped even though the Federal Reserve recently cut short-term interest rates by 0.25%. Let’s break it down in simple terms so you can understand what’s really influencing your...

How Appraisers Determine Property Value in Real Estate

How Appraisers Determine Property Value in Real Estate

What Is Property Value?Value is a simple word, yet it holds different meanings for each of us. In relationships, books like The 5 Love Languages explain how people value love in unique ways. My love language happens to be Acts of Service, which means my personal goal...

Understanding 1031 Exchanges: A Tool for Long-Term Wealth Building

Understanding 1031 Exchanges: A Tool for Long-Term Wealth Building

A 1031 exchange is a powerful tax-deferral strategy for real estate investors that allows them to defer capital gains taxes when selling an investment property, provided the proceeds are reinvested into another "like-kind" investment property. This federal statute is...