Consumers who are preapproved and looking to buy a home are sometimes getting shell shock as relates to the mortgage payment. The rate, the purchase price, and the cash-to-close may change … [Read More...] about Ways to handle a mortgage payment when buying a home
Main Content
Today’s Latest Mortgage News
Should you take out an adjustable rate mortgage?
With interest rates as high as they are consumers want adjustable-rate mortgages for payment relief. If you're thinking about an adjustable-rate mortgage versus a fixed-rate mortgage here … [Read More...] about Should you take out an adjustable rate mortgage?
Should you cash out refinance or get a home equity line of credit?
Inflation is hitting consumers right and left. Seems like everything is going up these days and one of the most expensive types of debt has just got even more expensive- consumer loans. If … [Read More...] about Should you cash out refinance or get a home equity line of credit?
What are the risks of buying a home?
When you're buying a home, you should be thinking about not just the purchase price of the house, but you should be really thinking about your household budget. Saving money and being able … [Read More...] about What are the risks of buying a home?
Why do mortgage companies have to pull a credit report?
When you apply to purchase or refinance a home the mortgage company is required to pull a copy of your credit report in order to issue a credit decision. Here are things you need to be aware … [Read More...] about Why do mortgage companies have to pull a credit report?
Why focusing on finding the right home is better solution than searching loan programs
Most families would agree they would prefer to buy a home vs renting a home. Buying a home is not for everyone and it does require a certain degree of financial aptitude and ability. Most … [Read More...] about Why focusing on finding the right home is better solution than searching loan programs
Why mortgage rates will not hit 7%
For those consumers out there, who have been on the fence about refinancing their mortgage or buying a home because of concern about interest rates, pay close attention to the facts. The … [Read More...] about Why mortgage rates will not hit 7%
Should you buy a house or wait for the market to improve?
One of the biggest challenges is trying to pinpoint the right time to buy a home. Interest rates are in flux and housing prices are high in most markets. So, how do you decide when to pull … [Read More...] about Should you buy a house or wait for the market to improve?
Why you can expect your home equity line of credit to cost more
Fed funds recently increased the rate by 75 basis points. This change to monetary policy also means your home equity line of credit costs more. The following is what you must know about a … [Read More...] about Why you can expect your home equity line of credit to cost more
When is the right time to buy a house
You want to buy a house but you're not sure if now is the right time with all the variables up in the air. It's a big decision and one that should not be taken lightly. If you're thinking … [Read More...] about When is the right time to buy a house
Don’t be the “I don’t wanna waste your time” consumer
People looking to buy or refinance a home may have been turned down by another mortgage company based on their financial situation. If you've been turned down before and you think all odds … [Read More...] about Don’t be the “I don’t wanna waste your time” consumer
What’s the minimum down payment to buy a home?
The Internet does a wonderful job of supplying different information about the minimum down payment you need to buy a home. Read one article you'll have an idea of what it would take, read … [Read More...] about What’s the minimum down payment to buy a home?
You just got notice to vacate, should you buy a house or continue to rent?
If you are presently renting and you received notification that your lease is no longer going to be renewed. Do you buy a new house to live in or continue renting? Here are some things to … [Read More...] about You just got notice to vacate, should you buy a house or continue to rent?
When are housing prices going to return to normal?
For those that have been sitting on the sidelines, watching what's happening in the market. Are you thinking to yourself “gosh I should have bought a house last year or a few years ago!” … [Read More...] about When are housing prices going to return to normal?
how filing your tax returns might hurt your mortgage chances
If you're looking to purchase or refinance a home, and you have not filed your 2021 tax return yet. And this goes for any year, here's what you need to know as it relates to showing … [Read More...] about how filing your tax returns might hurt your mortgage chances
