Many people purchasing a home for the first time are running into the same problem. There simply are not enough starter or entry-level houses available in the current market that are ready for people to move into. One solution some home buyers are … [Continue reading]
What’s Ahead For Mortgage Rates This Week – May 16, 2022
Last week’s economic reporting included readings and forecasts on inflation and the University of Michigan’s preliminary consumer sentiment survey. Weekly readings on mortgage rates and jobless claims were also released. Inflation … [Continue reading]
Wondering How Much Mortgage You Can Afford? Here’s How to Calculate It
Many people are aware of the financial commitment that is involved when investing in a home, but what that amounts to is different for every person. From what you can afford to what a lender will allow, there are plenty of details involved in … [Continue reading]
ARM Loans: What To Know
Many people are wondering what type of home loan is right for them, and one of the options is an ARM loan. This is an adjustable-rate mortgage. Typically, the rate is fixed for a certain amount of time, but it can change after that. Adjustable-rate … [Continue reading]
The Younger Generations Are Interested In Owning A Home
The real estate market has been red hot this year, with many people looking to purchase a home because of record-low interest rates. This includes younger individuals, as younger generations are interested in owning a house for the first time. The … [Continue reading]
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