Mortgage closing costs are fees charged for services that must be performed to process and close your loan. At the time you apply for a [...]
In some real estate markets, a house in the $400,000 range is little more than a starter home. So why is it that a home [...]
What exactly is an FHA loan? Good question. An FHA loan isn’t really a loan, it’s a program that insures home loans. The FHA (Federal [...]
It could be due to the economy or the fact that most people stay in their home an average of only 5-7 years, but the [...]
No doc and low doc loans are very difficult to qualify for in today’s mortgage and financial markets. Because of this, most mortgage companies (including [...]
Treasuries opened higher this morning following yesterday’s big drop, and then rallied further following the weekly jobs report. INitial jobless claims for unemployment fell more than forecast this morning to 421,000.
While spring’s warmer weather plants the itch to go house-hunting, don’t ignore the urge to check out more than just a home’s outdoor holiday lights this winter. Many consumers say they are interested in buying a home but they put off their search just because it’s cold outside, it gets dark early and they think there will be more “opportunity” in the spring. The truth is, there are plenty of opportunities now and reasons why buying a home is possible and even advantageous in the winter months.
Home loan refinancing has recently risen in popularity for several reasons. There are many benefits to refinancing, such as the possibility of lowering monthly payments [...]
It can be time-consuming to dispute mistakes on your credit reports and eliminate inaccuracies, but it’s worth doing. Start by getting a copy of your free [...]
Long-term interest rates have been at near historic low levels for quite some time and thus, more people are looking for places to rent, making [...]