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What’s Ahead For Mortgage Rates This Week – March 19th, 2018

March 19, 2018 by Kay Monigold

Last week's economic news included readings From National Association of Home Builders, Commerce Department reports on housing starts and building permits issued Weekly readings on mortgage rates and new jobless claims were also released.

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Update

Moving From An Apartment To A House? Here’s What You Need To Remember About Your Lease

March 16, 2018 by Kay Monigold

The major problem that the vast majority of buyers will run into - especially when purchasing their first home - has to do with a lease agreement that is still active with their apartment complex at the time of the purchase.

Filed Under: Real Estate Tagged With: Landlord, Real Estate, Tenant

What Are The Benefits And Drawbacks Of Putting 20 Percent Down On A Home Purchase?

March 15, 2018 by Kay Monigold

Several generations ago, lenders required home buyers to have a 20 percent down payment in order to get a mortgage. While there were a few options out there for people who couldn't save this substantial amount, the reality was that for the majority of people, the 20 percent down was a requirement.

Filed Under: Mortgage Tagged With: Down Payment, Mortgage, Piggyback Loan

What Items Can Change My Mortgage Pre-Approval Status?

March 14, 2018 by Kay Monigold

When you are purchasing a home, your lender may recommend you obtain a mortgage pre-approval before you find the home of your dreams. There are some benefits to being pre-approved before you find a home, but oftentimes, people confuse pre-qualifications with pre-approvals.

Filed Under: Mortgage Tagged With: Assets, Mortgage, Pre-Approval

Can I Have A Co-Signer For My Mortgage Loan?

March 13, 2018 by Kay Monigold

Like credit cards or car loans, some mortgages allow borrowers to have co-signers on the loan with them, enhancing their application. However, a co-signer on a mortgage loan doesn't have the same impact that it might on another loan. Furthermore, it poses serious drawbacks for the co-signer.

Filed Under: Mortgage Tagged With: Co-Signer, Home Loan, Mortgage

What’s Ahead For Mortgage Rates This Week – March 12th, 2018

March 12, 2018 by Kay Monigold

Last week's economic releases included reports on Non-Farm Payrolls, ADP payrolls, and the national unemployment rate. Weekly readings on mortgage rates and new jobless claims were also released.

Filed Under: Financial Reports Tagged With: Financial Reports, Mortgage Rates, Unemployment

Tired of Waiting for Summer? 3 DIY Projects That Will Keep You Busy Until the Weather Warms Up

March 9, 2018 by Kay Monigold

Do you find yourself staring out the window, longing for an early sunrise, hot days and late evenings? With spring just around the corner, it might feel like summer is a lifetime away. However, the good news is that you can be productive around the home while you wait for summer to arrive. Let's take a quick look at three easy do-it-yourself projects that will keep you busy until the summer sun is shining.

Filed Under: Around The Home Tagged With: Around The Home, Homeowner Tips, Upgrades and Renovations

The Benefits of Using a Veterans (VA) Loan To Purchase Your Home

March 7, 2018 by Kay Monigold

U.S. military veterans have opportunities to enjoy some richly-deserved benefits in other aspects of their lives, including some special options for financing their homes. VA loans may give active military personnel, retired veterans, and sometimes surviving family members of veterans the ability to purchase homes that might not prove available to them through more conventional mortgage loans.

Filed Under: Mortagage Tips Tagged With: Home Loan, VA, Veterans

Should You Improve Your Home Before Selling Or Not?

March 6, 2018 by Kay Monigold

Selling your home is one of the most stressful things you'll ever go through and one of the most important decisions you'll ever make. However, there's a lot more to selling your home than just sticking a sign out in the front yard. Most likely, your home will need a little work before it is perfect.

Filed Under: Real Estate Tagged With: Home Improvement, Real Estate, Selling Your Home

What’s Ahead For Mortgage Rates This Week – March 5th, 2018

March 5, 2018 by Kay Monigold

Last week's economic releases included readings on new home sales, pending home sales and Case-Shiller Home Price Indices. Construction spending and consumer sentiment reports were also released, along with weekly readings on average mortgage rates and new jobless claims.

Filed Under: Financial Reports Tagged With: Financial Reports, Home Prices, Interest Rates

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Our Team

Kay MonigoldKay Monigold
Owner/Mortgage Broker/Residential Mortgage Loan Originator
NMLS#1086176

Steven LoweSteven P Lowe, Sr
Residential Mortgage Loan Originator
NMLS #1085638

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