Can You Refinance into a VA Mortgage from Another Type of Mortgage? Yes, If You Qualify

March 3, 2022

VA mortgages stand out as one of the biggest benefits to men and women serving in the military. Although private lenders make the loan, the Department of Veterans Affairs guarantees all VA mortgages, which is why these loans come with favorable terms and benefits not found with other mortgage types.

Share
Read the full article →

What’s Ahead For Mortgage Rates This Week – February 28, 2022

February 28, 2022

Last week’s economic reporting included readings on home prices from S&P Case-Shiller and the Federal Housing Finance Agency; data on pending home sales and sales of new homes were also released. The University of Michigan released its final February reading on consumer sentiment and weekly reports on average mortgage rates and jobless claims were also published.

Share
Read the full article →

How Can You Secure A Better Interest Rate When Refinancing Your Home Loan?

February 25, 2022

If you want to save money on your home loan, you may want to consider refinancing. During the refinancing process, you will replace your existing home loan with a new one; however, you want to secure the lowest interest rate possible. How can you get a better rate on your mortgage during the refinancing process?

Share
Read the full article →

S&P Case-Shiller Indices: December Home Price Growth Hits Record High

February 24, 2022

While U.S. home prices grew at record speed in December, rising mortgage rates threatened rapid price appreciation as buyers were sidelined by affordability concerns. S&P Case-Shiller’s National Home Price Index reported 18.80 percent year-over-year home price growth in December.

Share
Read the full article →

Everything Homeowners Need To Know About Down Payments

February 23, 2022

Buying a house is an exciting time, but homeowners also need to make the best financial decision to meet their needs. One of the biggest decisions potential homeowners will face is how much money to put down.

Share
Read the full article →

What’s Ahead For Mortgage Rates This Week – February 22, 2022

February 22, 2022

Last week’s economic reporting included readings from the National Association of Home Builders on housing markets, reports on sales of previously owned homes, housing starts, and building permits issued. Weekly readings on mortgage rates and jobless claims were also released.

Share
Read the full article →

3 Reasons You Might Decide to Retire to a Tiny Home – and Why You’ll Love It!

February 18, 2022

One of the worries associated with getting older is having the ability to maintain your lifestyle in old age, and a smaller home can actually alleviate many of the high costs that go along with having an oversized home.

Share
Read the full article →

Save Some Additional Cash with Our Guide to Lowering Your Monthly Mortgage Payment

February 17, 2022

If you are like many other homeowners, your home mortgage payment is the single largest expense in your monthly budget. This is a fixed expense that you will typically be responsible for until your loan is paid in full or until you sell your home, and you may have a 15, 20 or even 30 year term on your mortgage.

Share
Read the full article →

Eliminate These 5 Barriers To Saving For Your Down Payment This Month!

February 16, 2022

With all the expenses that go into monthly living and the temptations that come along with life, saving money for the down payment on your new home can be quite a struggle for many people. If you’re having a hard time saving and are wondering what you can do to ensure a higher bank balance next month, here are a few things that may pose a risk getting the home of your dreams.

Share
Read the full article →

Making Sure You Are Ready To Take On A Mortgage

February 15, 2022

There is so much to know when it comes to homeownership that even wading into all of the information can seem overwhelming. Here are a few ways that you can ensure you’re ready for what a mortgage entails so that buying your dream home will be a positive experience you won’t regret.

Share
Read the full article →