Two Questions Every Homebuyer Should Ask Themselves Right Now
Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year.
Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year.
If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach…
Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider waiving those contingencies to stand out in the crowded market.
This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage.
The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans and 2 million active-duty service members to help them achieve the dream of homeownership.
The latest reports indicate that homeownership is still cheaper than renting in the United States. Let’s get together to find you your dream home – it may be cheaper than you think!
Are you looking to refinance? If you want to get a second mortgage so you can make renovations to your home, it can be difficult if you have poor credit. A second mortgage can use a home’s equity as collateral for a second home loan, allowing up to 80 percent of a home’s value to …
Refinance Options for Those With Low Credit Scores Read More »
Mortgage rates have been relatively low for years. Seeing them inch up can cause home shoppers to panic and possibly put their home purchase on hold. The good news is that there are options when mortgage rates are rising. First, it’s worthwhile knowing that small increases in mortgage interest rates shouldn’t affect buyers too much …
Financially, there’s more to buying a home than the purchase price—sometimes much more. After the down payment, and once your closing costs and monthly mortgage payments are added up, it can be easy to forget some of the costly and hidden costs of owning a home. Take these added charges into consideration: Property Taxes Property …
A lot will depend on the length of time you plan to live in the home, other financial obligations, and potential savings gained from comparing the monthly costs of a home against the upfront costs and closing costs involved with a particular loan. Also, you will need to be comfortable with whatever choice you decide …
Expert Insights: What’s the Best Way to Choose a Home Loan? Read More »