If you're concerned about what bad credit will mean for your mortgage and are weighing your options, here are some reasons why it might be important to use a co-signer for your application.
Thinking about Refinancing? 3 Ways That You Can Boost Your Home’s Assessed Value First
In an effort to boost the value of their property, many homeowners invest in renovations that will help them sell at a higher price. However, with all of the renovation options, it can be hard to know what kind of fix-ups are really worth investing time and money into.
What’s Ahead For Mortgage Rates This Week – August 1, 2016
Last week's economic reports included S&P Case-Shiller Housing Market Indices, reports on new and pending home sales, Freddie Mac's weekly mortgage rates survey. The Federal Reserve released its customary statement after the scheduled Federal Open Market Committee meeting concluded; the Committee did not raise the federal funds rate of 0.25 percent, but indicated that economic risks were fewer, which suggested that the key Fed rate may be increased in September.
Pay down Your Mortgage Faster by Eliminating These Five Unnecessary Household Expenses
The monthly mortgage payment can be one of the most significant household expenditures for a family. However, while it can be a sizeable amount, there are certain household things you may be able to eliminate that will help you put down more money and pay your mortgage off a little faster.
Understanding Automated Underwriting and How It Impacts the Mortgage Application Process
From the time you'll have to wait to the documentation that is required, here are some of the details on what you can expect when dealing with an automated underwriter.
Case-Shiller: Home Price Growth Slows in May
According to the S&P Case-Shiller 20-City Home Price Index, home price growth in May dropped to a seasonally adjusted annual rate of 5.20 percent as compared to April's reading of 5.40 percent. Analysts said that low mortgage rates continue to support housing markets, but also noted that affordability due to rising home prices is sidelining some would-be buyers. High demand for homes coupled with slim supplies of available homes have driven prices up for months; analysts said that "tentative signs" of slower gains in home prices were seen.
3 Money-Smart Reasons To Downsize Your Home
Living big isn't necessarily living better. Apartment buildings, townhouses and multiplexes have become the new normal for increasing numbers of individuals, couples and families. It's clear that for many people, smaller spaces are smarter, too.
What’s Ahead For Mortgage Rates This Week – July 25, 2016
Last week's economic news included readings on builder confidence in housing market conditions, housing starts, building permits issued and existing home sales. Weekly reports on mortgage rates and new jobless claims were also released. The National Association of Home Builders reported that home builder confidence fell one point in July to 59 as compared to an expected reading and June reading of 60. Builders again cited shortages of buildable lots and labor.
How to Sell Your Home Quickly in a Buyer’s Market
Everyone wants a place to call home, but that doesn't guarantee that homeowners will have an easy time selling their properties. Making sales depend on more than just curb appeal or the popularity of open houses.
Need to Discuss – 3 Tips When Shopping for a New Home Loan
Finding a new home loan can seem challenging, but if you take the proper steps before you start applying for loans, you'll have no difficulty finding a mortgage that works for you - and a lender that would love to have you as a borrower. Shopping for a mortgage isn't like shopping for a couch, and there's a lot that goes into the process.
So how can you shop for your new home loan in a way that saves you time and gets you the best loan for your needs? Here's what you need to know.
