What Is an Assumable Mortgage Loan: What You Need To Know

February 9, 2023

Everything has its benefits and drawbacks, and that includes mortgage loans. There are plenty of options available, and you need to find the best one to meet your needs. You have probably heard about conventional mortgages, FHA loans, and even VA loans. On the other hand, have you heard about assumable mortgages? What do you need to know about this option, and how do you know if it is right for you?

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ITIN Loans: Are These Loans Right For You?

February 8, 2023

As you take a look at your mortgage options, you might find that a conventional mortgage presents a few qualification challenges.

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Why Your Kitchen Features Matter

February 7, 2023

If you are interested in purchasing a house in the near future, you need to pay close attention to your kitchen. The kitchen is considered to be the heart of the home, and you need to make sure the kitchen is laid out appropriately.

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What’s Ahead For Mortgage Rates This Week – February 6, 2023

February 6, 2023

Last week’s economic reporting included readings on home price growth from S&P Case-Shiller and the Federal Housing Finance Administration. Monthly reports on job growth and unemployment were released by the federal government and ADP. Weekly readings on mortgage rates and jobless claims were also released.

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3 Tips To Consider When Buying A Home With An FHA Mortgage

February 3, 2023

FHA loans are becoming increasingly popular these days as potential homeowners may not able to qualify for mortgages from traditional lenders. The FHA insures some higher-risk loans, in turn allowing borrowers with low down payments and less than perfect credit to purchase homes and bolster the housing market.

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S&P Case-Shiller Home Price Indices: Home Prices Fall In November

February 2, 2023

U.S. home prices continued to fall in November according to S&P Case-Shiller’s month-to-month national and 20-city home price indices, but home price growth rates remained in positive territory year-over-year. The national home price index posted a 7.70 percent year-over-year home price growth rate as of November 2022.

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Is It Worth It to Put More Than 20 Percent Down?

February 1, 2023

Are you thinking of buying a new home this spring or summer? If so, you’re not alone. Many thousands of individuals and families alike will become homeowners this year. Whether you’re a first-time buyer or a seasoned veteran of the housing market, you probably know there are significant choices to make. One of the big decisions you will have to ponder is how much you want to invest in your down payment.

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What You Need To Know About A Closed-End Second Mortgage

January 31, 2023

A home is probably one of the most expensive purchases you will ever make. It is important for you to understand all of the options available to you, particularly if you need a quick source of cash, and you might be thinking about taking out a second mortgage.

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What’s Ahead For Mortgage Rates This Week – January 30, 2023

January 30, 2023

Last week’s economic reporting included readings on new and pending home sales, inflation, and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released.

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Getting A Mortgage When Self-Employed: What You Need To Know

January 26, 2023

There is a common misconception that someone who is self-employed will not have the tax records or income necessary to qualify for a mortgage; however, that is not necessarily the case. In reality, if you are self-employed, there are a lot of home loan options available to you.

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