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An Overview of Amortization: It Plays A Role In Monthly Mortgage Payments

Even though this may sound like a fancy word, amortization is simply a long word for a straightforward topic. Furthermore, it plays a significant role in the determination of monthly mortgage payments.

By |March 3rd, 2021|Blog|Comments Off on An Overview of Amortization: It Plays A Role In Monthly Mortgage Payments

DIY Lovers: ‘Greenify’ Your Home with These Three Eco-friendly Home Improvement Projects

Are you a homeowner who is searching for ways to make your home a bit more eco-friendly? In today's post we'll explore a few projects that handy do-it-yourselfers can undertake in order to make a home a bit friendlier to the local environment.

By |March 2nd, 2021|Blog|Comments Off on DIY Lovers: ‘Greenify’ Your Home with These Three Eco-friendly Home Improvement Projects

What’s Ahead For Mortgage Rates This Week – March 1, 2021

Last week's economic reports included readings from Case-Shiller on home prices, the Federal Housing Finance Agency also reported on home prices and the Commerce Department released data on sales of new homes and pending home sales. The University of Michigan released its Consumer Sentiment Index, and weekly readings on mortgage rates and jobless claims were released.

By |March 1st, 2021|Blog|Comments Off on What’s Ahead For Mortgage Rates This Week – March 1, 2021

Common Mistakes The Experienced Homebuyers Tend To Make

When people are looking at buying a home, there are a few common mistakes that first-time homebuyers make; however, there are mistakes that seasoned homebuyers make as well. What are the most common mistakes that people make when they are looking for a new home for the second or third time? There are a few key examples to keep in mind.

By |February 26th, 2021|Blog|Comments Off on Common Mistakes The Experienced Homebuyers Tend To Make

An Overview Of Mortgage Points On Home Loans

Unless someone works in the real estate or mortgage industry, there is a high likelihood that they are going to run into unfamiliar terms. Appraisals, underwriting, and private mortgage insurance are a few of the examples. One of the most common terms that people might run into is termed mortgage points. Even though the term "points" might sound positive, this is not always the case. What do people need to know about mortgage points?

By |February 25th, 2021|Blog|Comments Off on An Overview Of Mortgage Points On Home Loans

Case-Shiller Reports Home Prices Rise at Fastest Pace in 7 Years

S & P Case-Shiller Home Price Indices reported the fastest pace of U.S home price growth in seven years. National home prices grew by 10.40 percent year-over-year in December as compared to November's reading of 9.50 percent home price growth on a year-over-year basis.

By |February 24th, 2021|Blog|Comments Off on Case-Shiller Reports Home Prices Rise at Fastest Pace in 7 Years

Three Tips For Reducing Your Closing Costs If You’re Looking Forward To Buying A Home In The Spring

Home buying has costs associated with it other than the mortgage itself. Known as closing costs,,these fees are a part of the home buying process and they are due at the time that the mortgage is finalized. Buyers, however, can negotiate these costs and reduce the expense with a little bit of effort and with the help of a good mortgage professional.

By |February 23rd, 2021|Blog|Comments Off on Three Tips For Reducing Your Closing Costs If You’re Looking Forward To Buying A Home In The Spring

What’s Ahead For Mortgage Rates This Week – February 22, 2021

Last week's economic reporting included readings from the National Association of Home Builders Housing Market Index, Commerce Department readings on housing starts and building permits issued along with data on sales of previously-owned homes. Weekly readings on mortgage rates and jobless claims were also released.

By |February 22nd, 2021|Blog|Comments Off on What’s Ahead For Mortgage Rates This Week – February 22, 2021

Variable-Rate VS. Fixed-Rate Mortgages – Which Is Better For Your Financial Situation?

If you are thinking about applying for a mortgage, it is important that you consider all of the options carefully and that you understand the key differences between them. Let's compare variable-rate and fixed-rate mortgages to see which might be the best in your situation.

By |February 19th, 2021|Blog|Comments Off on Variable-Rate VS. Fixed-Rate Mortgages – Which Is Better For Your Financial Situation?

Understanding The Key Factors That Affect Your Mortgage Interest Rate

When you initially start shopping for a home mortgage, you may be drawn to advertisements for ultra-low interest rates. However, the unfortunate truth is that all too often, mortgage applicants are unpleasantly surprised and even disheartened to learn that they do not qualify for the advertised interest rate.

By |February 18th, 2021|Blog|Comments Off on Understanding The Key Factors That Affect Your Mortgage Interest Rate