Can You Get a Mortgage after a Chapter 7 Bankruptcy Discharge? Yes – But You’ll Have to Wait

August 10, 2016

If you’re currently undergoing a Chapter 7 bankruptcy and are wondering how this will impact home ownership, here are the basics on this type of bankruptcy and what it may mean for you.

Share
Read the full article →

Leveraging LPMI: The Pros and Cons of Lender-Paid Mortgage Insurance

August 9, 2016

If you’ve heard the term Lender-Paid Mortgage Insurance (LPMI), this is when the mortgage lender pays off mortgage insurance on behalf of the homeowner. While this kind of insurance can be beneficial for some homeowners, here are some of the basics on LPMI so you can determine whether or not it will work for you.

Share
Read the full article →

What’s Ahead For Mortgage Rates This Week – August 8, 2016

August 8, 2016

Last week’s economic reports included construction spending, personal income, and multiple reports on employment. Freddie Mac’s mortgage rates survey and new jobless claims were also released.

Share
Read the full article →

Thinking about a ‘Fixer Upper’? Understanding the Balance Between Purchase and Reno Costs

August 5, 2016

Fixer uppers can come with huge price benefits and opportunity, as well as problems. Make sure you understand what you’re getting yourself into before you purchase a home that needs significant restoration.

Share
Read the full article →

3 Different Types of Loan That Will Negatively Impact Your Ability to Get a Mortgage

August 4, 2016

A good credit rating is built on a number of financial factors including paying your bills on time and the length of your credit history, but loans can also be a source of bolstering your credit score in a positive way.

Share
Read the full article →

Spouse with Bad Credit? 3 Reasons You’ll Want to Consider a Co-signer for Your Mortgage

August 3, 2016

If you’re concerned about what bad credit will mean for your mortgage and are weighing your options, here are some reasons why it might be important to use a co-signer for your application.

Share
Read the full article →

Thinking about Refinancing? 3 Ways That You Can Boost Your Home’s Assessed Value First

August 2, 2016

In an effort to boost the value of their property, many homeowners invest in renovations that will help them sell at a higher price. However, with all of the renovation options, it can be hard to know what kind of fix-ups are really worth investing time and money into.

Share
Read the full article →

Pay down Your Mortgage Faster by Eliminating These Five Unnecessary Household Expenses

July 29, 2016

The monthly mortgage payment can be one of the most significant household expenditures for a family. However, while it can be a sizeable amount, there are certain household things you may be able to eliminate that will help you put down more money and pay your mortgage off a little faster.

Share
Read the full article →

Case-Shiller: Home Price Growth Slows in May

July 27, 2016

According to the S&P Case-Shiller 20-City Home Price Index, home price growth in May dropped to a seasonally adjusted annual rate of 5.20 percent as compared to April’s reading of 5.40 percent. Analysts said that low mortgage rates continue to support housing markets, but also noted that affordability due to rising home prices is sidelining some would-be buyers. High demand for homes coupled with slim supplies of available homes have driven prices up for months; analysts said that “tentative signs” of slower gains in home prices were seen.

Share
Read the full article →

3 Money-Smart Reasons To Downsize Your Home

July 26, 2016

Living big isn’t necessarily living better. Apartment buildings, townhouses and multiplexes have become the new normal for increasing numbers of individuals, couples and families. It’s clear that for many people, smaller spaces are smarter, too.

Share
Read the full article →

← Previous Entries

Next Entries →