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In the April 2017 edition of the BWS Update: Home sales and rising interest rates, Brinkley Walser Stoner attorneys on SilverLife Marketing videos, and April is National Autism Awareness Month.
In mid-March, the Federal Reserve announced a .25% rate increase, the first of what is expected to be three small interest rate increases in 2017. According to NerdWallet, mortgage rates prior to the 2016 election were around 3.75%; after the election, rates began to inch upward in anticipation of rate increases by the Fed. For that reason, yesterday’s announcement did not cause an immediate jump in rates. Rates in North Carolina for a 30-year mortgage are currently around 4% (see current NC mortgage rates at Bankrate.com). Experts expect mortgage rates may be in the 4.6 to 4.8% range by the end of the year, though those estimates could be impacted by changes made by the current administration.
Brinkley Walser Stoner attorney Roy L. McDonald II has been awarded the Armed Forces Reserve Medal w/silver hourglass and “M” device, signifying twenty years of service and mobilization with the U.S. Army Reserve. “We are very proud of Roy’s continuing service to our country and our community,” says Brinkley Walser Stoner managing partner, David Inabinett.
Catch up on the latest news in the BWS March 2017 Update: What you need to know about sexual harassment in the workplace, Triad senior games and 4ALL Day of Service 2017.
By Bradley Hunt, Attorney at Law
There have been several high profile claims of workplace sexual harassment in the news lately, most recently with a claim by a former engineer at Uber that her manager sexually harassed her. Claims of sexual harassment must be taken very seriously by employers, who can be held accountable if the behavior of a harasser is ignored. In the case of Uber, the CEO just hired a third-party to investigate the claims.
Some people rent because they cannot afford to purchase a home, while others do so for convenience – they may move frequently and like the flexibility of renting, or they may prefer having a landlord to handle all the maintenance and repairs on the property.
Whether you are a tenant (also called the renter or lessee) or the landlord (the owner or lessor), having a signed lease agreement provides protection for both parties. If you will be renting a property from another party, here are some common things to look for: