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 about purchasing a home in the next few years, here are some things you should give…
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 are against you don’t give up. The first step to failure is not to try. Simply put don’t be that customer that…
Everyone knows buying a house right now is challenging. Across the nation is a competitive real estate market brought on by an exceptionally low supply on a national level. As a result, in most markets throughout the country, homes are going over the asking price based on other competitive offers bidding up the homes. That…
Consumers are no strangers to the present economic times we are living in right now as everything is rising, and inflation is rampant virtually everywhere. Gas prices, stock prices, housing prices, mortgage rates the list goes on. As cost rises the need to borrow money also increases. If you have been thinking about doing…
People looking to refinance their homes are always looking for a good deal. It goes without saying you’ll want to do the best you can for yourself financially. Get the best combination of rate, price, and customer service. Here are some things that you should give some consideration to when choosing who to work with…
Probably the biggest misnomer in mortgage finance is what consumers’ interest rates do when the Federal Reserve hikes interest rates up. The Federal Reserve is trying to control and stimulate the economy or slow down the economy based on economic conditions. What they do or don’t do, does influence mortgage rates. But it is not…
It was recently announced there’s a credit score change to conventional loans. This credit score change is now shaping the way families can procure a mortgage. If your credit score needs a little bit of love, and where you should be concerned about your credit score. FHA mortgages require a 580-credit score with most banks…
If you’re looking to get a good return on your money, and you’re looking at bank accounts, you might want to consider paying down your mortgage balance. Before you do, here are some things you should consider… Most bank accounts generate paltry rates of return. Those returns are not getting you any interest on your…