Qualifying For A Mortgage Credit Certificate

November 18, 2021

Purchasing a house can be expensive, but there are measures in place to make it easier, particularly for people buying a home for the first time. One option is a mortgage credit certificate. What is the certificate, and how does it work?

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Trying to Save on Your Closing Costs? Here Are Three Tips That Can Help Lower Them

November 17, 2021

Whether you’re about to close on a lovely new house for your growing family or a stylish beachfront condo so you can retire close to the ocean, one thing is certain: you’re going to face a variety of closing costs.

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What Is A High Enough Credit Score For A Mortgage?

November 16, 2021

There are many people who are interested in purchasing a home for the first time. Even though many first-time homeowners are interested in the sticker price of a home, it is just as important to consider credit scores. Anyone who requires financing to purchase a home will have to go through a credit check. What credit score is considered high enough for a home loan? What do people have to do if they want to increase their credit scores?

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What’s Ahead For Mortgage Rates This Week – November 15, 2021

November 15, 2021

Last week’s scheduled economic reporting included readings on inflation and a preliminary report on consumer sentiment. Weekly reports on mortgage rates and jobless claims were also released.

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What To Know About Property Values and Refinancing

November 12, 2021

There are many people who are thinking about refinancing their homes. For example, some people may be interested in reducing their monthly payments, while other people may be interested in tapping into the value of the home to fund a home improvement project.

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Recent College Grad? Learn How to Successfully Juggle Student Loans and a New Mortgage

November 10, 2021

If you recently graduated from college and are about to become a homeowner, you’re in a somewhat unique position. So how can you make sure you can pay your mortgage, your student loans, and your mortgage expenses – all without losing your mind? Here’s what you need to know.

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What Potential Homebuyers Need To Know About Buying Their First Homes

November 9, 2021

It is exciting to purchase a house for the first time, but this is also a major financial decision. Therefore, potential homebuyers need to make sure they are prepared. What do potential homeowners need to know about purchasing a home for the first time? Learn more about this process below.

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FOMC Statement: Fed Policymakers Discuss Easing Accommodations as Economy Improves

November 5, 2021

The Federal Reserve’s Federal Open Market Committee considered easing monetary accommodations implemented in response to stronger economic conditions according to its post-meeting statement issued November 3. The Fed started making trillions in monthly bond purchases when the pandemic started but slowed its purchasing pace to $120 billion per month in June 2020. The Fed will soon reduce its monthly bond purchases to $105 billion monthly.

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Decluttering A Home Can Make A Major Impact

November 4, 2021

There are numerous homeowners who are looking for a way to make more space. Even a small decluttering project can make a significant difference to the amount of space available in a home. This can also make it easier for homeowners to find what they are looking for. Furthermore, if a home is going on the market in the near future, it needs to be as clean as possible. That way, prospective buyers can see the potential of a home. What are a few examples of decluttering projects that can make a significant difference?

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Reverse Mortgages 101: How This Unique Financial Product Can Make Your Life Easier

November 3, 2021

If you’ve been in your home for a while and have considered other loan options, you may have heard the term reverse mortgage without being aware of how this product can benefit you. While this type of mortgage works for those who have a high amount of equity in their home, here are the details on reverse mortgages and how this product may work for you.

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