Recent News

Buyers Get A Better Shot At Affordable Housing In 2017

Home values did not rise in January, the first time in 59 months that's happened. But, prices are up nearly 6% for the year. Is it time to buy?

Buying A House Where Prices Exceed Your Budget

Buying a house, especially a fixer-upper, is an investment that could pay off big-time, or deplete every resource you have. Follow these tips for choosing financing and unloading your property for profit.

Mortgage Rates Today, March 22, 2017, Plus Lock Recommendations

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bondes price drop and rates increase. When the economy pulls back, interest rates tend to fall.

Need a Fast Refi? Now Could Be The Perfect Time

Lenders are closing refinances fast. That could help compensate for slightly higher rates. Borrowing costs are reduced with faster close times.

Mortgage Rates Today, March 21, 2017, Plus Lock Recommendations

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bondes price drop and rates increase. When the economy pulls back, interest rates tend to fall.

All About Mortgage Reserves For Your Home Loan Approval

Mortgage reserves are funds that you will have after closing that will be available to make your payments if your income stops temporarily or you have an unexpected financial emergency. But hoe much do you need to get approved for a mortgage?

HELOC Subordination: Something No One Asks About, But Everyone Should

Subordination for home equity loans and HELOCs comes into play when you refinance the underlying first mortgage but don't want to include the second mortgage in the refinance. The old equity loan must be subordinated to the new loan. But that's not always easy.

Report: Home Buying Gains Steam; Buyers Dominate Mortgage Market

For 23 months straight, home buyers have made their presence known in the mortgage market, accounting for more than half of all transactions.

Mortgage Rates Today, March 20, 2017, Plus Lock Recommendations

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bondes price drop and rates increase. When the economy pulls back, interest rates tend to fall.

34 Months Straight: VA Mortgage Rates Are The Lowest

It pays to be a veteran. Using VA Benefits and the G.I. Bill, military borrowers get access to lower rates than the general U.S. population.

Should You Get Out Of Your ARM Mortgage Now?

It's no secret; mortgage interest rates are rising. So, it it time to get out of your ARM and refinance?

Plain English Guide To Terms You’ll Hear From Your Loan Officer

Your loan officer might be speaking another language as far as you're concerned. But mortgage lending is easy to understand once we decode these terms for you.

Survey: Pull The Refinance Trigger Before It’s Too Late

Mortgage rates are higher, and you might be kicking yourself if you did not refinance. But it may not be too late.

Mortgage Rates Today, March 17, 2017, Plus Lock Recommendations

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bondes price drop and rates increase. When the economy pulls back, interest rates tend to fall.

Homebuyer Tenure: How Long Are People Staying In Their Houses?

Higher rates and a stable housing market are keeping people in their homes longer. Should you sell, or stay put?

New Home Construction Soars, Posts Highest Count Since 2007

Home builders are trying to keep up with buyer demand. Prices are on the rise, but mortgage rates remain historically low. Time to start home shopping?

Will Your HELOC Payment Skyrocket In 2017?

Second mortgage payment can increase when the loan "resets," or enters its full repayment period. Create an exit strategy before your payments rise.

Foreign National Mortgage For Non-US Citizens

You can buy and finance property in the United States, even if you're not a citizen. The foreign national mortgage takes many forms, from government-backed loans like FHA to private financing for non-residents.

Mortgage Rates Approach 35-Month Highs

Current mortgage rates have risen to post-election highs. Markets are responding to the Fed rate hike announced Wednesday.

How To Buy A Short Sale Property

Homebuyers looking for bargains may be wondering how to buy a short sale property. The first thing to know is that not all short sale houses are bargains. The second thing is that you'd better not be in a hurry.