Posts Covering Uncategorized

Everyone’s optimistic about today’s housing market

Today's housing market is churning -- full of buyers and sellers -- for good reason.Money is available and inventory is improving.

Mortgage lenders loosening credit standards, taking more risks

Mortgage lenders could afford to be picky when interest rates were low and business was booming. Today, they have to be less picky to keep business coming in. That could be good for anyone buying a home right now.

Generation Z is ready to own a home

Generation Z, unlike previous generations, has to Recession-era baggage when it comes to real estate. These people are ready to own a home. if you're one of them here's what you need to know.

Pending home sales fall even further in August

The NAR reported that August pending home sales fell again. This marks the third straight month of declining home sales.

Buying a home? Act fast: Freddie Mac says rates will rise

Rates are low, but how long will they stay that way? Freddie Mac says: not very much longer.

What Hurricane Harvey means for real estate and mortgage rates

Natural disasters frequently affect real estate markets where they occur. But Hurricane Harvey's impact could be far more wide-reaching.

Applying for a mortgage in 6 months: What should you be doing now?

Before applying for a mortgage, a little preparation can get you a better rate, lower fees and fewer hassles.

Statute of limitations on old debt: Do I have to pay it back to get a mortgage?

Do you have to pay off old debt to get a mortgage? It depends on your loan, the type of collection account and the state in which you live.

Should I pay down my mortgage or add to my retirement account?

What's a better investment? You might wonder, "Should I pay down my mortgage or add to my retirement account?" Here's how to find out.

More homebuyers in the dog house: Pets play a big part in property purchase

Homebuyers today are not just buying for themselves. The needs of a pet or pets also matter when Millennials and others purchase property. With 61 percent of households including pets, this is an important trend.

Want to start a business? Buy a home

If you want to start a business, buy a home. Yes, those two goals can support each other. Find out how.

How to shop for a lower mortgage rate

For a lower mortgage rate, knowledge is power. Here's how to get the information you need from lenders, and how to use it to get your best deal.

Is your home STILL underwater? You just got more time for a HARP refinance

The HARP refinance program, which allows homeowners to refinance with no equity or even negative equity, will expire at the end of 2018. If you have not yet refinanced through this plan, you have another year.

Dealing with divorce: How to handle your mortgage when you split

What should a couple do with a home when they divorce? Advice and guidance.

How to Negotiate Refinancing Costs

If you want the lowest refinancing costs, you have to ask for them. Learn how to get the best refinance rates and terms by negotiating with your lender.

Trump, Yellen, And Weekend Mortgage Rates

mortgage rates this week depended on several reports, which were read by no one

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.

Shopping for a Mortgage — How Many Mortgage Quotes Do I Need?

Obtaining multiple mortgage quotes from competing lenders is a proven strategy for saving money when you finance a home. But how many quotes do you need to make sure that you get the best deal?

The Single Mother’s Guide To Becoming A Homeowner

Single moms can sometimes have it rough trying to raise their children by themselves and pay the bills. But these mortgage programs can help them become homeowners.

How Does A Home Equity Loan Work?

A home equity loan lets you take advantage of increased home value without replacing your current mortgage. Home equity loans are cheaper and faster to set up and can be used for almost anything.

2017 Conforming, FHA, & VA Loan Limits

Mortgage loan limits for every U.S. county, as published by Fannie Mae & Freddie Mac, the Federal Housing Administration (FHA), and the Department of Veterans Affairs (VA)