If there is one constant in life, it is that the real estate market will go through an almost continuous cycle of ups and downs resulting in alternating buyer’s and seller’s markets. With the current uncertainty where is the Real Estate market headed?
Are We Switching From a Sellers to a Buyers Real Estate Market? Read More »
Buying a home is always a very big and important decision. When you are looking for your next home, making sure that you will qualify for the best possible mortgage is a great idea. To get the best deal, you will need to make sure that your credit is in good order before you try and buy the property. Remember a better credit score means a lower interest rate and even a half percent can make thousands of dollars difference on a mortgage.Â
Boost Your Credit BEFORE Buying Your 1st Home Read More »
You probably have compiled quite a few questions for the mortgage lender. But, if you use our advice, you can focus on limiting that stress before your big day.
Things Mortgage Lenders Look for on Your Application Read More »
Owning your first home is a major milestone that you should be proud of. However, there are plenty of things you need to do to prepare for it. This includes signing a mortgage, which is a loan you’ll pay back on a monthly basis to the bank you borrowed money from to pay for the house. In order to be a responsible homeowner, you need to have a solid understanding of your mortgage.
Tips for Navigating Your First Home Mortgage Read More »
When foreclosure notices start coming in, it’s tempting to shut down and ignore the problem, hoping it will go away. But without facing it head on, the problem won’t be going away. Losing a home that you’ve built over the years is unimaginably difficult, yet many Americans face this reality today. Getting over the initial
Tips for Surviving Foreclosure Read More »
An FHA Loan- An FHA Loan through the Federal Housing Administration, can help low-income families purchase homes they would otherwise be unable to afford. This is a big help to families who require more than a single bedroom apartment or house but don’t have the income to come up with a downpayment and may be
An FHA Loan Can Help Low-income Families Read More »
Online mortgage calculators are widely used by home buyers today. If you are planning buy your next house, you should use these tools to determine how much you can fork out for your next house. This is not to say that the use of online mortgage calculators is flawless – they have their advantages and
Pros and Cons of Online Mortgage Calculators Read More »
Tough Financial Times Are Taking Their Toll On Younger Households With households all over the country feeling the pinch of the ever-increasing costs of living, it appears that the tough financial times are taking their toll on younger households. Despite the mortgage stress being felt by the first time home buyer market, analysts say the
First Time Home Buyers Need Budgeting Skills Read More »
Buying Rental Property In today’s economy, investing in a rental property can be a great idea. Home prices are down, interest rates are low, and there are a growing niche of people looking for affordable rental houses. With a good degree of planning and preparation, rental properties can be the most reliable way to earn
What to Look for When You’re Buying Rental Property Read More »
Your First Mortgage- Buying your first home is an exciting moment, whether you’re buying a studio apartment for yourself or a house for your family there are fewer joys in life like using your new key to unlock the front door for the first time. People are buying their way into the home owner’s world at
3 Tips for Saving Money on Your First Mortgage Read More »
Editor’s Note: Although they sound alike, Private mortgage insurance (PMI) and mortgage protection insurance (MPI) are two entirely different types of insurance created for vastly different purposes. What is Mortgage Protection Insurance (MPI)? Mortgage protection insurance is essentially a life insurance policy designed to pay off your mortgage in the event of your death so
Mortgage Protection Insurance vs Private Mortgage Insurance? Read More »
Whether you’ve just purchased your first house or you’ve built up some equity in your home, there’s no doubt about it: home ownership is expensive. Because of this, it’s tough to want to add the additional expense of mortgage insurance to your monthly bills. However, you shouldn’t rule it out without doing some research. 2
2 Types of Mortgage Insurance Read More »
