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Rookie Mistakes: Don’t Make These 4 First-Time Homebuyer Mistakes

March 31, 2016 by Kay Monigold

Buying your first home is exciting. Many young people view homeownership as the definitive mark of adulthood, the final milestone on a decades-long journey. And while becoming a homeowner is cause for celebration, you'll want to ensure you keep your enthusiasm in check just a little while longer.

Keep a level head and you'll easily avoid these common mistakes first-time buyers make.

Filed Under: Home Mortgage Tips Tagged With: First Time Home Buyers, Home Mortgage Tips, Mortgage Tips

Case-Shiller Report Shows Home Prices Rose in January

March 30, 2016 by Kay Monigold

Home prices were 5.70 percent higher year-over-year in January according to S&P Case-Shiller's 20-City Home Price Index. Top year-over-year gains were posted by Portland, Oregon at 11.80 percent, San Francisco, California at 10.80 percent and Seattle Washington posted a year-over-year gain of 10.70 percent.

Filed Under: Financial Reports Tagged With: Case Shiller, Home Prices, Pending Home Sales

The Top 5 Mortgage Calculators on the Web and the Pros and Cons of Each

March 29, 2016 by Kay Monigold

If you're shopping for a great mortgage, you'll want to use a mortgage calculator. Mortgage calculators keep getting more accurate and more complex, allowing you to explore the various details involved in a mortgage. Try one of these mortgage calculators to learn what you can expect.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage Calculators

What’s Ahead For Mortgage Rates This Week – March 28, 2016

March 28, 2016 by Kay Monigold

New home rose in February according to the Commerce Department. Based on a revised reading of 502,000 new home sales in January, February's reading was 2.00 percent higher than January's reading, but was 6.10 percent lower than for February 2015.

Builders have held back on increasing construction due to concerns about ups and downs in the economic recovery. Short supplies of labor and available land have also kept home builders from meeting current demand.

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

Working from Home? Learn How to Create the Perfect Office with Any Spare Room

March 25, 2016 by Kay Monigold

While this shift in the job market has created a bevy of new options for freelance workers, it can also be a good reason to turn a spare room into a spanking new office. If you're working from home, here are some tips for a stylish transition.

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

How the Truth in Lending Act Protects You When You Take Out a Mortgage

March 24, 2016 by Kay Monigold

If you're planning to get a mortgage, it's critical that you know your rights under the law. The Truth in Lending Act (TILA) is a piece of federal legislation that governs how mortgage lenders can and cannot operate their businesses.

So how does the Truth in Lending Act protect you, and what are your rights under this legislation? Here's what you need to know.

Filed Under: Home Buyer Tips Tagged With: Home Buyer Tips, Mortgage Tips, The Truth In Lending Act

5 Steps Towards a Better Credit Score You Can Take Today

March 23, 2016 by Kay Monigold

When it comes to finding the best mortgage, your credit score is a major determinant as to the kinds of rates and conditions you can get. Lenders quite understandably want to manage their risk. But for a number of potential homeowners, these practices and policies can be a barrier to home ownership.

The good news? If your credit score isn't great, you can easily improve it and get better lending terms. Here are five steps you can take right now to give your credit a boost.

Filed Under: Home Mortgage Tips Tagged With: Credit Score, Home Mortgage Tips, Mortgage Tips

Retiring Soon? Learn How a Reverse Mortgage Can Add to Your Retirement Security

March 22, 2016 by Kay Monigold

How does a reverse mortgage work, and how can it help you to have a more financially secure retirement? Here's what you need to know.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgages, Reverse Mortgages

What’s Ahead For Mortgage Rates This Week – March 21, 2016

March 21, 2016 by Kay Monigold

Shortages of available homes are a major factor in rising home prices; shortages also make it more difficult for buyers to find homes they want. Housing starts in February rose, which is good news for the peak spring and summer home buying season.

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, New Construction

Smart Appliances Get Smarter: Here’s What We Saw at the 2016 Consumer Electronics Show

March 18, 2016 by Kay Monigold

With technology advancing at a mile a minute, the 2016 Consumer Electronics Show is a great place to see what's new to the market and what will be sure to turn heads in the year to come. If you couldn't make it to the show yourself but are curious about the highlights of the event, here are some of the hottest items in technology that appeared in Las Vegas this year.

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

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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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