ARM Loans: What To Know

May 12, 2022

Many people are wondering what type of home loan is right for them, and one of the options is an ARM loan. This is an adjustable-rate mortgage. Typically, the rate is fixed for a certain amount of time, but it can change after that. Adjustable-rate mortgages will vary depending on the market. Is an ARM a smart loan option? There are some situations where an ARM loan can be helpful, but people need to be careful with them.

Read the full article →

The Younger Generations Are Interested In Owning A Home

May 11, 2022

The real estate market has been red hot this year, with many people looking to purchase a home because of record-low interest rates.

Read the full article →

Renovating on a Budget? Check Out These Equity-boosting Inexpensive Home Upgrades

May 10, 2022

The idea of embarking on home renovations may strike many homeowners as an expensive one, but there are plenty of ways that you can easily upgrade your home without spending a lot of money. If you’re looking for improvements that will truly (and frugally) improve the value of your home, here are a few do-it-yourself options you may want to consider.

Read the full article →

What’s Ahead For Mortgage Rates This Week – May 9, 2022

May 9, 2022

Last week’s scheduled economic reports included readings on construction spending, the Federal Reserve’s Federal Open Market Committee statement, and the Fed Chair’s press conference. Readings on public and private-sector jobs growth and the national unemployment rate were released along with weekly readings on mortgage rates and jobless claims.

Read the full article →

Honesty Is the Best Policy: Why You Need to Be Truthful on Your Mortgage Application

May 6, 2022

There are few things better than finding your dream home and being able to afford it, but simply because you’ve found the perfect place doesn’t mean you should stretch the truth. It might seem tempting to polish your mortgage application a little in the hopes of making a better impression, but here are a few reasons why you should stick to the truth when signing off on your home.

Read the full article →

Many Millennials Need More Space

May 5, 2022

There are many Millennials who are looking for a home, and many of them are getting ready to trade up for more space. If you think you need more space, you may have more buying power than you realize. The coronavirus pandemic has led to a lot of changes, and you might be able to use the equity in your home to purchase a bigger house with more features.

Read the full article →

Refinancing: Check Your Financials First

May 4, 2022

You have probably heard that refinancing could help you save money on your home loan. Even though you are probably focused on current mortgage interest rates, feverishly comparing them to your own interest rate, you need to check your financials first. What are a few important indicators of your financial health that you need to check before you go through the refinancing process?

Read the full article →

The Top Issues Homeowners Cannot Ignore

May 3, 2022

Owning a home can be a major investment, but it is also a significant responsibility. From time to time, issues can pop up, and it is important for homeowners not to ignore them. Ignoring these issues can lead to significant repair bills down the road. What are some of the top issues that homeowners should not ignore?

Read the full article →

What’s Ahead For Mortgage Rates This Week – May 2, 2022

May 2, 2022

Last week’s economic reporting included readings from S&P Case-Shiller Home Price Indices, the Federal Housing Finance Agency House Price Index, and the Commerce Department on sales of new homes. Weekly readings on mortgage rates and jobless claims were also reported.

Read the full article →

There Are Several Great Reasons To Consider Buying A Condo Today

April 29, 2022

Many would-be homebuyers are now considering buying a condominium instead. Condominiums may be a good option for first-time buyers who are experiencing obstacles when searching for properties that meet their budgets and other criteria. Here’s why:

Read the full article →