In its post-meeting statement, the Federal Open Market Committee (FOMC) of the Federal Reserve announced its decision not to raise the current federal funds rate of 0.25 to 0.50 percent. Although FOMC members acknowledged further improvement in the U.S. economy and jobs markets.
The HARP Refinance Program Has Been Extended into 2016: Here’s How You Can Take Advantage
With the Home Affordable Refinancing Program recently being extended until the last day of December, 2016, many homeowners who have found their assets in a challenging situation have been given a second chance to apply and receive an affordable mortgage.
5 Documents First-time Home-buyers Need for a Smoother Purchasing Process
With all the work that goes into finding the kind of home you'll want to put an offer on, it can be easy to forget about all the little things that happen after the deal has been made. While the paperwork involved in purchasing may seem like a long way off, here's a quick review of some of the documents you'll need when the time comes to seal the deal.
You Ask, We Answer: 5 Ways That You Can Proactively Build and Improve Your Credit Score
If you're planning to buy a house or take out a business loan in the near future, you'll want to work hard to boost your credit score well ahead of time in order to improve your likelihood of getting the loan you need. But what can you do in order to build your credit score over time? Here's what you need to know.
What’s Ahead For Mortgage Rates This Week – April 25, 2016
Last week's economic releases included Existing Home Sales, Commerce Department Releases on Housing Starts and Building Permits and the National Association of Home Builders/Wells Fargo Housing Market Index. Mortgage rates and new jobless claims were released according to their weekly schedule.
Existing Home Sales Jump, Builder Confidence Holds Steady
Home buyers kicked the spring home shopping season into gear and boosted sales of pre-owned homes in March.
Investor Thoughts: What Home-buyers Can Learn from a Real Estate Investor’s Stand-point
There are plenty of things to consider when purchasing a home, from the size of place that you're looking for to the amount of home you're able to afford. While it's certainly worth knowing what you want going in, here are a few factors that investors often think about when it comes to making or breaking the appeal of a real estate purchase.
Understanding the CFPB’s New Mortgage Rules and How They Might Affect You
The CFPB has several regulations that mortgage lenders need to follow, some of which have only recently come into effect. So how do the CFPB's new mortgage rules affect you? Here's what you need to know.
What’s Ahead For Mortgage Rates This Week – April 18, 2016
Last week's scheduled economic releases included reports on retail sales, inflation and the Federal Reserve's Beige Book report. Weekly reports on mortgage rates and new jobless claims were also released.
How to Determine the Right Mortgage for You: The Pros and Cons of Each Type
Finding the right mortgage can be a struggle. There's a wide array of mortgage products on the market, and you don't always need to get a mortgage through your bank - and with so many options, it's hard to know which one is your best bet.
Your ideal mortgage will depend on your own individual financial situation, but when you understand how different kinds of mortgages work, it's easier to choose the right one. Here's what you need to know about mortgage types.
