Don’t Make These Mistakes! Not Pre-Checking Credit One way to increase the chance of qualifying for a home loan is for a borrower to check his credit before applying. That way, he can address any issues before they become problems for the lender.
What Are The Closing Costs Of Real Estate? When purchasing a new home, there are more costs than just the down payment which are associated with closing. Here Is A List Of The Most Common Closing Costs: Titling Fees – These include the title search and title insurance, and the associated… read more →
Last year, many metro areas saw double-digit home-price increases. However, this past quarter, there has been a significant slowdown in those increases. It’s natural for any owner to try and maximize profits when it comes to putting their home on the market. And one tactic many prospective sellers consider when… read more →
Mortgage rates are moving below 4 percent for 30-year fixed conforming loans with balances below $417,000 for the first time since they spiked in June 2013. It’s not a huge move by the numbers, but psychologically it could be a major boost—potentially prompting a leap of faith for home buyers,… read more →
The real estate market is once again in transition. Cash investors are beginning to fade, opening the door for more traditional home buyers, while fast-profit flippers are finding the deals harder to come by – but more profitable than ever. Home purchases made with all cash, representing mostly deals made… read more →
Death isn’t on the minds of most homeowners on closing day, because we all live forever, right? Unfortunately, no. Let’s face it: it’s really never too early to consider what happens to your mortgage should you pass away. The financial obligation of a home loan does linger after death. There’s… read more →
If you’re in the market for a new house or condo, you may also need a loan officer to help with underwriting and securing a mortgage. We suggest talking to two or more loan officers to find one who instills confidence. There is a trade-off. Sometimes the best rate doesn’t… read more →
Tougher lending requirements, a transient lifestyle and seeing mortgages throw their parents’ finances in turmoil are causing more millennials to rent instead of buy a home. This attitude shift on homeownership and the rise in demand for rentals is directly influencing the growth of private firms looking to fill out… read more →
