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Millennials Expected to Dominate Housing Market by 2020
See on Scoop.it – Real Estate Research Though the housing market has made significant strides over the last year or so, many experts believe it will continue to improve in the short term. However, new...
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Six Reasons Housing Inventory Keeps Declining
See on Scoop.it – Mortgage Knowledge and Technology Home sales in December dropped by 1% from November, the National Association of Realtors reported on Tuesday, but still stood nearly 13% above the...
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Bacon Shortens Your Mortgage Term
Bacon Shortens Mortgage Term Applying extra dollars or “bacon” toward mortgage payments is an economical method to rid of one’s mortgage early. When closing on a home loan, most mortgage borrowers go...
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Cautions and Caveats: Protecting Your Mortgage
Obtaining a mortgage is a major accomplishment, and should be something to celebrate. Unfortunately, however, signing the papers on your home loan doesn’t mean that it will always be smooth sailing...
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What Rising Interest Rates Mean For You
Mortgage interest rates have been steadily increasing over the past few months, and in recent weeks have experienced significant gains. Currently, interests rates hover close to 4%, and analysts...
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The Ins and Outs of the FHA 203k
Are you a DIY enthusiast looking to purchase a home primarily in order to fix it up? Are you a prospective homebuyer whose budget will only allow you to purchase a “fixer-upper?” Or are you a current...
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Patience and Planning: The Keys to Finding Your Dream Home
While the decision to purchase a home is exciting, sometimes this excitement can blind prospective homebuyers to the realities of applying for a mortgage. Many individuals are tempted to rush into the...
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Tips for Completing a Mortgage Application
Taking out a mortgage can be exciting but stress-filled process. As if budgeting for a home and searching for an ideal property weren’t enough of a headache, the paperwork involved in the official...
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