What Do You Need To Know About Home Improvement Loans?

October 27, 2022

Do you want to make some improvements to your house? A home improvement is a great way to make your home more functional, and it could also add value to your home. At the same time, performing a home improvement project can be expensive, and that is where a home improvement loan can be helpful. What do you need to know about them?

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Amortization: What You Need To Know About How Your Loan Is Paid Off

October 26, 2022

This is called an amortization schedule, and it is typically designed in such a way that your last payment pays off your loan down to the penny. How does this impact the life of your loan?

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What Do First-Time Homebuyers Need To Know?

October 25, 2022

If you are purchasing a house for the first time, you are probably excited to imagine what your life might look like in a bunch of different houses. At the same time, the process can be a bit overwhelming.

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What’s Ahead For Mortgage Rates This Week – October 24, 2022

October 24, 2022

Last week’s economic reporting included readings from the National Association of Home Builders on national and regional U.S. housing markets. The National Association of Realtors(R) reported on sales of previously-owned homes, and the Commerce Department released readings on building permits issued and housing starts. Weekly readings on mortgage rates and jobless claims were also released.

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Refinancing A Mortgage: How Does This Work?

October 21, 2022

If your financial situation has changed, you might be interested in refinancing your mortgage. In general, refinancing means that you will replace your current mortgage with a new one.

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What To Know About Flood Insurance

October 20, 2022

Flooding can happen in any location at any time. Even though many people associate floods with coastal properties, flooding can take place inland as well

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The Top Tips To Get Your Offer Accepted

October 19, 2022

The housing market today is very competitive, and you might be wondering how you can get your offer accepted. If the seller has multiple offers on the table, it can be a bit of a challenge.

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Understanding What a “Piggyback” Mortgage Loan Is and How It Works

October 18, 2022

As a potential homebuyer who is new to the market, many of the terms and mortgage products available to you can be more than a little confusing. Piggyback loans might be a little less familiar than many other options, but if you’re ready to jump into the housing market this type of mortgage can be useful for you. If you’re hoping to invest in a home sooner rather than later, here are the details on this type of loan.

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What’s Ahead For Mortgage Rates This Week – October 17, 2022

October 17, 2022

Last week’s economic reporting included readings on month-to-month and year-over-year inflation and the minutes of the most recent meeting of the Federal Reserve’s Federal Open Market Committee. The University of Michigan published its preliminary consumer sentiment reading and weekly reports on mortgage rates and jobless claims were also released.

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A Non-QM Mortgage: What Does This Mean?

October 14, 2022

If you are interested in purchasing a house, you need to review all of the offers available. The vast majority of loan officers are going to talk about something called qualifying mortgages, which is usually shortened to QM.

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