If you’re just jumping into the game of home purchasing, you are likely considering all of your loan options and may even have heard the term mortgage lock. For those who don’t like to gamble, a mortgage rate lock can offer a bit of reassurance, but there are also some downsides to this type of protection. Before signing off on this, here are the details on rate locks so you can make an informed decision.
Understanding ‘Disposable Income’ and How This Will Impact Your Mortgage Approval
September 27, 2016 by
If you’re wondering how much home you can truly afford and how your cost of living will fare for your mortgage approval, here are some of the details on what you can expect when it comes to finding a home at an affordable price.
What’s Ahead For Mortgage Rates This Week – September 26, 2016
September 26, 2016 by
Last week’s economic news was abundant with releases on home builder sentiment, housing starts, building permits, sales of previously owned homes. The Federal Open Market Committee of the Federal Reserve released its customary statement at the conclusion of its meeting; Fed Chair Janet Yellen also gave a press conference. Weekly readings on new jobless claims and mortgage rates were released as usual.
Understanding Home Seller Disclosures and What Information You Need to Share When You Sell
September 23, 2016 by
As a seller it can be difficult to know whether the required information is being disclosed. Nobody wants to appear misleading, especially when it can impact a sale, and making sure all the proper information is finding its way to the buyer is imperative to make the deal go through.
Mortgage Myths: Here’s Why You Don’t Need a Full 20 Percent Down Payment
September 22, 2016 by
If you’re just getting into the real estate market, you may have heard that 20% down is the ideal percentage in order to lower your monthly payments and get your mortgage application approved. However, while 20% is often suggested, many people struggle to come up with this amount of money.
What Types of Coverage Are Included in Standard Home Insurance Policies? Let’s Take a Look
September 21, 2016 by
Every insurance policy is different and can provide certain levels of protection tailored towards the needs of the policy holder. However, there are some standard types of coverage that are included in most basic home insurance policies.
5 Mistakes That Will Instantly Turn a Home Buyer Away – and How to Avoid Making Them
September 20, 2016 by
If you’re preparing to sell your home you’ve likely heard many tips and tricks to help close quickly, however few people will ever tell you what you’re doing wrong. Avoid these common seller-mistakes to ensure that your home leaves a lasting impression on buyers, instead of sending them running for the hills.
What’s Ahead For Mortgage Rates This Week – September 19, 2016
September 19, 2016 by
Last week’s economic news included reports on retail sales, inflation, and weekly reports on mortgage rates and new jobless claims.
Selling Your Home This Autumn? Try Boosting Your Curb Appeal with These Inexpensive Upgrades
September 15, 2016 by
Curb appeal is the first impression that your home will have on potential buyers, so it’s important to make it a good one. Try these simple budget upgrades to give your home the “WOW” factor that buyers are looking for!
