In recent years, building an environmentally friendly home or updating an existing home to be more energy efficient has become much more mainstream. While building an entirely green residence isn't always fiscally possible, simple eco-friendly … [Continue reading]
The Four Best Questions To Ask Before Refinancing Your Mortgage
1) Do I have enough equity to get a mortgage? To get a conventional loan, you will usually need to have at least 20 percent equity. This means that your house will have to be worth at least $250,000 to get a $200,000 loan. If you have less equity, … [Continue reading]
What’s Ahead For Mortgage Rates This Week – March 19th, 2018
Last week's economic news included readings From National Association of Home Builders, Commerce Department reports on housing starts and building permits issued Weekly readings on mortgage rates and new jobless claims were also released. NAHB Posts … [Continue reading]
Moving From An Apartment To A House? Here’s What You Need To Remember About Your Lease
The major problem that the vast majority of buyers will run into - especially when purchasing their first home - has to do with a lease agreement that is still active with their apartment complex at the time of the purchase. If you locate the perfect … [Continue reading]
What Are The Benefits And Drawbacks Of Putting 20 Percent Down On A Home Purchase?
Several generations ago, lenders required home buyers to have a 20 percent down payment in order to get a mortgage. While there were a few options out there for people who couldn't save this substantial amount, the reality was that for the majority … [Continue reading]
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