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What’s Ahead For Mortgage Rates This Week – February 18, 2014

February 18, 2014 by Kay Monigold Leave a Comment

Last week's economic news was dominated by the first address by the new Fed chairperson, Janet Yellen.

Tuesday's news included the Jobs Openings report for December 2013, which matched November's reading of 4.0 million jobs available.

Filed Under: Mortgage Rates Tagged With: Mortgage Rates,FOMC,Janet Yellen

What To Consider When Buying A Fixer-Upper

February 14, 2014 by Kay Monigold Leave a Comment

In your imagination it seems like a great idea – you purchase an older run-down property and you have the chance to fix it up and turn it into the home of your dreams.

Filed Under: Homebuyer Tips Tagged With: Homebuyer Tips,Home Improvement,Fixer-upper

How A Mortgage Pre-Approval Can Help You Get A Better Deal On Your Home Purchase

February 13, 2014 by Kay Monigold Leave a Comment

Oftentimes, when you are searching for a new home, it may seem obtaining a pre-approval for your mortgage loan is a waste of time and energy.

Filed Under: Homebuyer Tips Tagged With: Homebuyer Tips,Mortgage Pre-Approval,Closing On A Home

Can I Have A Co-Signer For My Mortgage Loan?

February 12, 2014 by Kay Monigold Leave a Comment

Like credit cards or car loans, some mortgages allow borrowers to have co-signers on the loan with them, enhancing their application.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips,Co-Signer Limitations,Mortgage Co-Signers

3 Important Credit Considerations Before You Apply For A Mortgage

February 11, 2014 by Kay Monigold Leave a Comment

Before applying for a mortgage, borrowers need to build a plan for how they are going to manage their credit both going into the process and as they go through it.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips,Personal Finance and Credit,DTI Ratio

What’s Ahead For Mortgage Rates This Week – February 10, 2014

February 10, 2014 by Kay Monigold Leave a Comment

Residential Construction Spending Up

Last week's mortgage and housing-related reports began with Construction Spending for December, with a reading of 0.10 percent or a seasonally adjusted $930.5 billion.

December's reading fell short of an expected increase of 0.40 percent.

Filed Under: Mortgage Rates Tagged With: Mortgage Rates,Economic Reports,Unemployment

The Low Down On Heating And Cooling Your Home

February 7, 2014 by Kay Monigold Leave a Comment

If the temperature in your home is too hot at night, then you can't sleep. If it's too cold during the day, then you have to wear excessive layers.

Filed Under: Around The Home Tagged With: Around The Home,Heating and Cooling,Thermostat

Can I Get Cash Out From My Home Right After I’ve Purchased It?

February 6, 2014 by Kay Monigold Leave a Comment

Generally when you are purchasing a home, you are buying below the appraised value and you are making a down payment. The good news is this means you have "instant equity" in your home.

Filed Under: Homebuyer Tips Tagged With: Homebuyer Tips,Home Equity Loan,Second Mortgage

Overpay On Your Mortgage Or Add To Your Savings, This Is The Question

February 5, 2014 by Kay Monigold Leave a Comment

So you find yourself with a little bit of extra money - perhaps due to a raise, an inheritance or an unexpected windfall?

Filed Under: Mortgage Tips Tagged With: Mortgage Tips,Homebuyer Tips,Overpaying For Mortgages

FOMC Statement Shows Tapering Of Quantitative Easing Purchases

February 4, 2014 by Kay Monigold Leave a Comment

According to a statement provided by the Federal Open Market Committee of the Federal Reserve, the committee has approved another reduction of the Fed's monthly asset purchases.

Filed Under: Federal Reserve Tagged With: Mortgage Rates,FOMC,QE Program

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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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Tyler, TX 75703
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