Last week's economic news was dominated by labor reports and FHA's announcement that it will lower its mortgage insurance premiums in an effort to make homes more affordable for first-time and moderate income home buyers. Mortgage rates fell last … [Continue reading]
Tankless Water Heaters: The Pros and Cons of Going Tankless In Your Home
Large water heaters are unsightly appliances that home-sellers would rather hide. Although it's not always possible to banish these structures, it is possible to replace them with a version that is not as overbearing. Tankless water heaters have the … [Continue reading]
FOMC Minutes: Low Inflation Rates Won’t Delay Rate Hikes
The minutes of the Fed’s Federal Open Market Committee (FOMC) indicate that Fed policymakers aren’t concerned about low inflation rates as an obstacle to raising the target federal funds rate. The national inflation rate was 1.50 percent … [Continue reading]
It’s 2015! Get a Jump on Your Payments with Our Quick Guide to Paying Your Mortgage off Sooner
With the start of the New Year, it's common to set new resolutions. While there are many goals that are worthwhile, paying off your mortgage as soon as possible can significantly improve your financial position and is a great goal to aim for. With … [Continue reading]
FICO Scores: How Does Your FICO Score Impact Your Mortgage? Let’s Take a Look
Homeowner's insurance is an incredibly valuable and beneficial policy for homeowners to have, but it is necessary to understand what traditional policies do and do not cover. Once you familiarize yourself with the intricacies of various plans you … [Continue reading]
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