What Is A Short Sale?
Nobody enters into a mortgage assuming they are going to fall short on their payments; however, life happens and borrowers might need a way out. In serious situations, lenders may elect to foreclose...
View Article10 US Cities With Highest Mortgage Denial Rates
For many, owning property is seen as a rite of passage. At the same time, for most people, accomplishing this dream is largely dependent on the approval of a mortgage. For this reason, it is important...
View ArticleWhat’s Ahead For Mortgage Rates This Week – January 13th, 2020
Last week’s economic reports included readings on public and private sector jobs, the national unemployment rate and weekly readings on mortgage rates and new unemployment claims. ADP: Private-Sector...
View ArticleIs A 15 Or 30 Year Mortgage Right For You?
When someone is looking to purchase a house, they need to think about how long they want their mortgage to last. While a bank can structure a mortgage to last for any number of years, the most common...
View ArticleWhat Does A Property Management Company Do?
For those who are interested in learning more about real estate, property management companies are an important topic of discussion. Some people might not ever consider hiring a property management...
View ArticleHow A Reverse Mortgage Can Help With Long-Term Care
Anyone who has paid attention to the TV recently has likely seen a lot of commercials for something called a reverse mortgage. For those who might not know, a reverse mortgage is exactly that. In this...
View Article5 Important Mistakes To Avoid When Selling A Home
Sellers of homes often make mistakes that are not in their best interests. Here are common mistakes people make when selling a home and how to avoid them. Using Bad Photography Using lousy photos or...
View ArticleWhat’s Ahead For Mortgage Rates This Week – January 21st, 2020
Last week’s economic reports included the National Association of Home Builders Housing Market Index along with readings on consumer sentiment and weekly reports on mortgage rates and new jobless...
View ArticleSafety First! How Often Should You Clean Your Chimney?
Chimneys are as old as homes themselves. Yet, when it comes to chores, cleaning the chimney is one of the most neglected tasks. While people often think about yard work and housework, they often...
View ArticleHome Warranties: Are They Worth It?
Owning a home comes with major responsibilities and also offers major questions. One of the biggest questions that people will have to answer is whether or not they want to take out a home warranty....
View ArticleThe Secrets Of Selling Real Estate
When it comes to selling a home, there is a lot to think about. While most people know that the best time to list a home is in the Spring (due to the fervor of the summer), the real estate market...
View ArticleWhat’s Ahead For Mortgage Rates This Week – January 27th, 2020
Last week’s economic reporting was slim due to the observance of the Martin Luther King Jr. holiday. The National Association of Realtors® reported on sales of previously owned homes and the Veterans...
View ArticleEight Signs You’re Ready To Stop Renting And Buy A Home
For many people, owning a home is seen as a rite of passage. At the same time, purchasing a home is expensive. As a result, many people end up renting for an extended period of time. Here are a few...
View ArticleCase-Shiller Reports Growth In Home Prices In November
Case-Shiller Home Price Indices reported that national growth of home prices rose by 0.30 percent in November. Analysts said that slim inventories of available homes boosted home prices. Whether or...
View ArticleThe Average Mortgage Payment Is Declining. Here’s Why.
According to a report that was recently published by the United States Census Bureau, the average mortgage payment has been dropping. According to the bureau, the average payment is just over $1,500...
View ArticleFOMC Statement: Key Fed Rate Unchanged; Policymakers Monitor Impact of Asian...
The Federal Open Market Committee of the Federal Reserve issued its scheduled post-meeting statement Wednesday. Policymakers unanimously decided to leave the target federal funds rate range unchanged...
View ArticleWhat’s Ahead For Mortgage Rates This Week -February 3rd, 2020
Last week’s economic reports included readings on home prices, new and pending home sales and a statement from the Federal Reserve’s Federal Open Market Committee. The University of Michigan issued...
View Article4 Things To Do Before Co-Signing A Mortgage For Your Child
It can be hard to convince a lender that a young person is ready to buy a house. There may not be a long credit history, a lack of assets might make it hard to fund a down payment, and the buyer’s age...
View ArticleGreen Energy Tax Credits For Home Improvement & Energy Efficiency
Many individuals and families are looking for ways to reduce their energy consumption. Running the heater during the winter and the air conditioner during the summer can have significant impacts on...
View ArticleInvestment Property Down Payments: How Much Will You Need?
Investing in real estate is a great way for someone to diversify his or her assets; however, there is a common hurdle that almost all real estate investors face. This comes in the form of a down...
View Article