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.
What’s Ahead For Mortgage Rates This Week – July 14, 2014
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
Feng Shui 101: How This Ancient Art Can Help Improve Your Home Staging
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.
Nearing Retirement? Three Reasons Why You Might Consider a ‘Reverse Mortgage’
If you are nearing retirement, a reverse mortgage might be right for you. This type of mortgage essentially allows you to turn your home equity into cash. If you find yourself with little money, a reverse mortgage could be the perfect solution, and here's why.
A Quick Guide to Assessing Your Home’s Foundation for Cracks – And What to Do if You Find Them
When choosing a property, the following tips can help homebuyers find signs of foundation problems and take the right action if any are found.
Mortgage Budgeting 101: How to Determine What You Can and Can’t Afford
When taking on a new mortgage it is important to know that you can afford to carry the debt load involved, as many people find themselves in financial trouble by spending more on real estate than they can comfortably maintain.
What’s Ahead For Mortgage Rates This Week – July 7, 2014
Last week's economic news was mixed, but economic reports for Non-Farm Payrolls and the National Unemployment rate suggest a strengthening labor sector. Pending Home Sales surpassed expectations in May and conversely, construction spending was lower than expected.
Buying or Selling, Here Are Three Traits You’ll Want in Your Real Estate Agent
For both buyers and sellers, choosing the right real estate agent is an important and difficult decision, but getting this selection right one is critical.
Giving and Getting: Why the Terms of a Home’s Sale Are Far More Important Than the Price Paid
One of the most significant factors home buyers and sellers focus on when buying real estate is the negotiated sales price in the purchase contract. While the sales price is undeniably important, the reality is that other terms in the sales contract may have more far-reaching and significant effects on the transaction.
Understanding the ‘Qualified Mortgage’ or QM and Why It’s Important to New Home Buyers
Are you shopping for a home or a new mortgage? If you are interested in finding the best possible financial product, it is important to consider the benefits of selecting a Qualified Mortgage.
