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 are some things, you need … [Read More…]
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. … [Read More…]
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 … [Read More…]
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 … [Read More…]
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 … [Read More…]
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…]
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 … [Read More…]
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 … [Read More…]
