When you initially start shopping for a home mortgage, you may be drawn to advertisements for ultra-low interest rates. These may be rates that seem too good to be true, and you may gladly contact the lender or mortgage company to complete your loan … [Continue reading]
What’s Ahead For Mortgage Rates This Week – September 19, 2016
Last week's economic news included reports on retail sales, inflation, and weekly reports on mortgage rates and new jobless claims. Retail Sales Slip as Consumer Prices Inch Up Retail sales dipped into negative territory in August with a reading of … [Continue reading]
Investing in a Vacation Property? Learn What You’ll Need to Have to Get A Mortgage Approved
With approximately one million people having purchased vacation homes in the last year, this type of residence is gaining popularity for those who are interested in a home in a beach setting or a vacation hot spot. However, while a second home can … [Continue reading]
Mortgage Myths: Here’s Why You Don’t Need a Full 20 Percent Down Payment
If you're just getting into the real estate market, you may have heard that 20% down is the ideal percentage in order to lower your monthly payments and get your mortgage application approved. However, while 20% is often suggested, many people … [Continue reading]
Real Estate Investing: 3 Insider Tips to Winning House, Land or Foreclosure Auctions
House, land and foreclosure auctions can be one of the most nerve-wracking ways to buy a property. However, if you prepare yourself with proven bidding tactics, auctions can be a great way to purchase your dream home at a competitive price. If you're … [Continue reading]
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