Real EstateDecember 18, 2018Real estate strategy: How to win at real life MonopolyPart of a winning real estate strategy is the smart use of mortgage financing. This leverage allows you to control more rental real estate and acquire wealth.
FHA Home BuyingDecember 17, 20182019 FHA loan limits rise in most areas of the U.S.The FHA just announced that it has released it loan limits for 2019.
Real EstateDecember 17, 2018House flipping hits new low; why that’s good for today’s buyersRecent research shows that house flipping activity slowed to a 6.5 year low. That's good news for today's buyers, who have been shut out by low inventories and competition from investors.
About MortgagesDecember 16, 2018Can you really pay off your mortgage in 4 years? These people didDon't you want to pay off your mortgage as soon as possible? One couple did it in just 4 years! Here's how you can pay off your mortgage faster than you thought you ever could.
Real EstateDecember 16, 2018Good news for home buyers: It’s a buyer’s marketIf you've been looking for a home to buy, you have probably been frustrated by the tight seller's market. But the tide is turning and now it's a buyer's market in many parts of the country.
Mortgage RatesDecember 15, 2018The S & P 500 “Death Cross” and what it means for mortgage ratesWhile most economists agree that mortgage rates are trending higher in the long run, there are some signs that mortgage rates could drop in the short term. One of those signs is the so-called "Death Cross" of the S & P 500.
About MortgagesDecember 15, 2018Mortgage with a low credit score: possible and affordableNeed a mortgage with a low credit score? It's possible if you are otherwise well-qualified or prepared to pay more for your home loan.
Real EstateDecember 14, 2018$2 million home: Would you choose an exclusive ZIP Code or a luxury estate? [Video]What does the right ZIP Code cost? In this case, a cool $2 million. That gets you a 70-year-old one-story home with a basement. But travel just a few miles away, and it's shocking what that same budget can buy.
Mortgage NewsDecember 14, 2018Out-of-state homebuyers head south; Florida claims top destination for 14 statesAmerican homebuyers are flocking toward warmer climates. According to a new study, U.S. residents are increasingly leaving colder states, instead buying homes in places like Florida, Texas and California.
UncategorizedDecember 14, 20183 mistakes to avoid when getting a second mortgageSecond mortgages are loans against your home taken out after your primary home loan (your first mortgage). Thy can be a great source of cheap money, but things can go wrong. Here's what to watch out for.
Mortgage RatesDecember 13, 2018The Fed may not raise interest rates in December: good news for mortgage seekersRecent financial reporting has caused many investors to believe that the Fed may not raise interest rates one last time in 2018.
Buying a homeDecember 13, 2018Find a home online today (but most buyers still want human help)Today's homebuyers have more tools than ever to find a home. However, different generations use websites as an information source to help find a home online at varying rates.
Real Estate NewsDecember 13, 2018Where are America’s safest cities to call home? Maryland town tops the listCan’t decide where to put down roots? If you’re looking for a safe spot to avoid natural disasters, identity theft or burglary, you might want to buy a home in Columbia, Maryland. The city was just named the country’s safest place in America.
Conforming MortgagesDecember 12, 2018Report: Holders of larger mortgages save more when rates dropA mortgage rates drop can save you money. Be sure you're ready to take advantage when this occurs.
Real Estate NewsDecember 12, 20182018 was a big year for homeowners; here’s how much home equity Americans gainedHomeowners have seen serious gains in equity this year. According to the latest data, the average owner saw their home equity jump 9.4 percent since 2018 — an aggregate increase of $775.2 billion across the nation.
Mortgage ProductsDecember 11, 2018Fannie Mae’s mandatory waiting period after bankruptcy, short sale, & pre-foreclosure is just 2 yearsThe waiting period before you can make a mortgage application after a "significant derogatory event" has been cut by half. Get more on Fannie Mae's update.
Real Estate NewsDecember 11, 2018Homeowners are self-gifting this year, planning costly holiday renovationsHomeowners are planning to spend big this holiday season — but not just on gifts. According to a new survey, a whopping third of homeowners are planning home improvements this season, opting to spend 10 times what most Americans have allotted for gifts.
About MortgagesDecember 11, 2018Jumbo home loans: Do you need 20 percent down to qualify?You can find jumbo home loans with down payments as low as 5 percent. And there are other options as well.
UncategorizedDecember 10, 2018Best home equity loan lenders for 2019If you like the mortgage you have, but want to cash out some of your equity, check out this list of best banks for home equity loans for 2019.
First-Time Home BuyersDecember 10, 2018Opinion: Home buyers shouldn’t feel guilty for buying coffee + win $250 Starbucks card"Don't buy coffee. Save for a house." You hear it a lot. But does skipping Starbucks put a dent in your down payment? We don't think so. Regardless, we're giving away a $250 Starbucks gift card to one lucky home buyer.