Posts Covering Housing

When is my first mortgage payment due?

When is my first mortgage payment due? You just made a down payment and paid closing costs. Here’s how to determine when your first mortgage payment is due.

June 2018 mortgage rates forecast (FHA, VA, USDA, Conventional)

June will bring on a wild ride for mortgage rates. Oil prices are swinging, geopolitical tensions change daily, and the Fed meeting will cause a stir. How to protect yourself against volatility.

How do I get a credit report?

If you’re asking “How do I get a credit report?” you have come to the right place. It’s not that hard, and may even be free.

Mortgage rates today, May 25, 2018, plus lock recommendations

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

Dodd-Frank repeal: Why you don’t have to worry about it

Congress just approved a partial rollback of the Dodd-Frank mortgage reform law. But the part that affect borrowers — the collection of information to detect discrimination — won’t harm consumers who shop for mortgages online.

Costs of owning a home: what to expect the first year

The costs of owning a home may surprise you if you’re a first-timer. House expenses should be part of your budget when you buy a home. Costs of home ownership are manageable if you plan ahead.

Live long and prosper in these successful cities

Want to live long and prosper? Then head South to Odessa, Texas. The city was recently named the most prosperous in the nation.

Mortgage rates today, May 24, 2018, plus lock recommendations

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

Freddie Mac 97 percent loan unveiled with NO income restrictions

New Freddie Mac 97 percent mortgage HomeOne, a new Freddie Mac 97 percent loan program, begins on July 29, 2018. It’s a big deal because: Only 3 percent down NO income limits NO geographic restrictions (you don’t have to buy in a low-income census tract) Compared to FHA loans, HomeOne may be a better fit […]

Home technology: What’s important when you buy or sell a smart home?

Today’s home technology, aka “smart home” brings up new issues when you buy or sell. How do you transfer services and protect your own information?

No down payment? These are the best cities for saving up

Would-be homeowners often cite down payments as their biggest hurdle to buying a house. But according to new data, the city they live in could play a role in their savings habits. Could moving help them save that down payment faster?

Mortgage rates today, May 23, 2018, plus lock recommendations

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

Mortgage rates today, May 22, 2018, plus lock recommendations

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

Homebuyers say their children’s opinions carry big weight

Really want to sell your home? Then keep the kiddos in mind. According to a new poll, more than half of homebuyers consider their child’s opinion when deciding which house to buy.

Student loans and credit: How does tuition debt affect your ability to borrow?

Student loans and credit affect each other. Many adults experience difficulty borrowing for a mortgage or car because of excessive student debt. Here’s what you need to know.

Mortgage rates today, May 21 2018, plus lock recommendations

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

Earnest money check, down payment and closing costs: When are they due?

Buying a home means paying certain costs at specified times during the process. The earnest money check is one of the first things you’ll pay. But if things don’t work out, you usually get the money back.

Does checking your credit score hurt your credit?

Does checking your credit score hurt your credit? Not if you do it right.

Pros and cons of different types of homes

Often, the first step to deciding which home to buy starts with deciding which type of home. Condos, single-family residences, zero-lot-lines — each has its advantages for different kinds of home buyers.

Home flippers: these are the best states for ROI

For home flippers seeking big returns, it seems Pennsylvania is the place to be. According to a new ranking, the average house flip brings in a 162.4 percent return on investment and nets owners more than $105,000 in profits.