How Large Of A Down Payment Do You Truly Need?

November 29, 2022

If you are interested in purchasing a home, how much money should you put down? This is a difficult question that all potential homeowners need to answer, as it will dictate the size and location of the house you can afford. There are a number of factors to consider, so what do you need to know?

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

November 28, 2022

Last week’s economic reporting included readings on new home sales and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also published. No economic data was published Thursday or Friday due to the Thanksgiving holiday.

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Five Unique Renovations That Can Make Small Living Spaces Feel Bigger

November 23, 2022

Just because you live in a small space doesn’t mean your home needs to feel cramped. There are several renovations that are popular among interior designers to make a space feel larger. Incorporate them into your own home to give it a more open, spacious feel.

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Escrow And Your Mortgage: The Most Important Points To Know

November 22, 2022

There are a lot of complicated terms thrown around regarding your mortgage, and one of them is an escrow account. You will probably hear that your lender will collect some additional money every month for escrow payments. If you take a look at your mortgage statement, you will see your interest, your principal, and your escrow. What does this mean, and why do you have to pay additional money that isn’t going toward the balance of your loan?

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What’s Ahead For Mortgage Rates This Week – November 21, 2022

November 21, 2022

Last week’s economic reporting included readings on U.S housing markets, housing starts, and building permits issued. Data on sales of previously-owned homes were released along with weekly reports on mortgage rates and jobless claims.

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3 Ways That a Reverse Mortgage Can Transform Your Retirement

November 18, 2022

Are you a retired individual looking for ways to increase your financial security? If so, you may have heard of a home equity conversion mortgage, more commonly known as a reverse mortgage. Used correctly, this is one of the most effective financial products for retirees who own their home.

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NAHB: Home Builders Concerned Over Housing Market Conditions

November 17, 2022

The National Association of Home Builders’ Housing Market Index for November showed builders’ growing concerns over U.S. housing market conditions. November’s index reading dropped five points to 33 as compared to October’s reading of 38 and the November 2021 reading of 83.

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The Right (And Wrong) Reasons To Buy A House

November 16, 2022

There are many people who dream of owning a home, but you need to purchase your home for the right reasons. Simply purchasing a house because other people are doing so is not a strong reason to make such an expensive purchase. What are some of the reasons why you should purchase a house? What are some examples of bad reasons to buy a home?

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Mortgage 101: How Interest-Only Mortgages Work and Why They’re A Good Solution for Some Buyers

November 15, 2022

Whether you’re a first-time homebuyer or an experienced real estate investor, if you are planning to borrow funds to buy a home you will want to choose the right mortgage product. In today’s blog post we’ll explore how interest-only mortgages work and why they’re the perfect choice for some homebuyers.

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What’s Ahead For Mortgage Rates This Week – November 14, 2022

November 14, 2022

Last week’s scheduled economic news included readings on monthly and year-over-year inflation and the University of Michigan’s preliminary reading on consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released.

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