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Can One Missed Mortgage Payment Affect Your Credit Rating? Yes! Here’s What to Do if You Miss One

July 24, 2014 by Kay Monigold

Most people don't know whether or not a single missed mortgage payment can have serious consequences for their credit score.

Filed Under: Home Mortgage Tips Tagged With: Credit Rating, Mortgage Financing, Mortgage Loan Information

National Association of REALTORS Existing Home Sales Exceed Projections

July 23, 2014 by Kay Monigold

According to the National Association of REALTORS, existing home sales surpassed both May sales and expectations for June.

Filed Under: Real Estate Tagged With: FHFA, Home Sales, Real Estate

Is Now the Time to Consider a 15-Year Mortgage? Five Reasons to Give the 15Y Another Look

July 22, 2014 by Kay Monigold

A 15-year fixed mortgage is, as its name suggests, a mortgage that's paid off after 15 years. Since it amortizes fully, after that amount of time you won't have to pay anything else. This type of mortgage has a lot of benefits, and in this article we'll share just a few of them.

Filed Under: Home Mortgage Tips Tagged With: 15 Year Mortgage, Mortgage, Mortgage Amortization

What’s Ahead For Mortgage Rates This Week – July 21, 2014

July 21, 2014 by Kay Monigold

Last week's economic news offered a variety of indications that the economic recovery continues, but some readings missed their expected levels. The Philadelphia and New York branches of the Federal Reserve Bank reported higher than anticipated manufacturing for their respective regions and new jobless claims were lower than expected.

Filed Under: Market Outlook Tagged With: FOMC, Mortgage Rates, Mortgage Tips

Buying a House or Condo? Why the Home Inspection Process is One You Won’t Want to Skimp On

July 18, 2014 by Kay Monigold

Once you have found that perfect home with the right price and every little feature you were hoping for, it's important to keep in mind that the home has been presented in a way that accentuates its highlights and shadows any flaws. For this reason, it is crucial that you get a home inspection before completing a purchase.

Filed Under: Home Buyer Tips Tagged With: Condo Inspections, Home Inspections, Inspecting a Home

An Insider’s Guide to Reducing Your Remaining Mortgage Years Through a Smart Refinance

July 17, 2014 by Kay Monigold

Is it always the best idea to pay off a mortgage over 30 years? While it may help a homeowner lower his or monthly payment, it can mean paying more in interest and waiting several more years to build sufficient equity in the home.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage, Refinance, Refinancing

How Much is Your Home Worth in Today’s Market? Three Key Tips for Assessing Value

July 16, 2014 by Kay Monigold

If you're thinking about putting the house on the market, or are simply curious about its value in the current economic atmosphere, it's essential to get an honest assessment of its value.

Filed Under: Real Estate Tips Tagged With: Home Sales, Home Valuation, Selling a Home

Three Ways That Your Credit Score Affects Your Mortgage (and Your Chance of Obtaining One!)

July 15, 2014 by Kay Monigold

Credit scores control so much of what we do in the world of finances, but what does your credit score really have to do with your mortgage? Here are three ways that your credit score could impact your mortgage application.

Filed Under: Home Buyer Tips Tagged With: Credit Score, Mortgage Affordability, Mortgage Financing

What’s Ahead For Mortgage Rates This Week – July 14, 2014

July 14, 2014 by Kay Monigold

Last week brought news from the Fed as two Federal Reserve Bank Presidents made speeches and the Federal Open Market Committee (FOMC) of the Fed released the minutes of its last meeting. The minutes reveal the Fed's intention to wrap up its bond-buying program in October with a final purchase of $15 billion in mortgage-backed securities (MBS) and Treasury bonds

Filed Under: Market Outlook Tagged With: FOMC, Mortgage Rates, Mortgage Tips

Feng Shui 101: How This Ancient Art Can Help Improve Your Home Staging

July 11, 2014 by Kay Monigold

Boosting ones' chances of selling their home can be done in a number of ways. One simple way is to utilize the art of Feng Shui - an ancient Chinese art, used to manipulate the flow of energy in your home.

Filed Under: Home Seller Tips Tagged With: Home Staging, Selling a Home, Staging a Home

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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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