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…]
FHA home loans
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 … [Read More…]
Federal reserve’s change to policy
Here is what the federal reserve’s change to monetary policy on June 15th, 2022, means for mortgage rates. If you’re buying or refinancing a home the information in this article is for … [Read More…]
Five guaranteed ways to improve your home purchasing power
It is no surprise that interest rates are on the rise. As interest rates rise home spending power i.e., buying power diminishes. If the same loan amount and the same purchase price … [Read More…]
What the Federal Reserve rate increase means
The Federal Reserve increased the Fed funds rate by 25 points to slow down the highest inflation seen in 30 years. As a result, here’s what this means for interest rates, credit … [Read More…]
Federal reserve hikes interest rates
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 … [Read More…]
You can now cash out refinance 100% known to value with VA financing
For borrowers who are military veterans, the change to VA loans that recently have taken place can be immensely beneficial. If you have a VA mortgage on your house, and if you’re … [Read More…]
3 creative ways to come up with a down payment
Purchasing a house is no easy feat. One of the major elements you need to have to purchase a house is to have a good down payment. This will afford your the … [Read More…]
