FHA loans are designed to help individuals take advantage of the benefits of home ownership, and these loans have low down payment requirements. However, for borrowers who choose to make a down payment that is less than 20 percent of the sales price, … [Continue reading]
Real Estate Investing: Why Buying Raw Land Can Be an Excellent Long-Term Strategy
When many people think about investing in property, they think about purchasing income-producing real estate such as a residential property or an office building with tenants. There are indeed many benefits associated with investing in … [Continue reading]
Save Some Additional Cash with Our Guide to Lowering Your Monthly Mortgage Payment
If you are like many other homeowners, your home mortgage payment is the single largest expense in your monthly budget. This is a fixed expense that you will typically be responsible for until your loan is paid in full or until you sell your home, … [Continue reading]
What’s Ahead For Mortgage Rates This Week – May 4, 2015
Last week's economic news included S&P Case-Shiller Home Price Index reports, the Fed's FOMC meeting statement and pending home sales. Freddie Mac mortgage rates and weekly jobless claims were also released as usual. The details: Case-Shiller: … [Continue reading]
Thinking About a Major Renovation? Three Reasons to Consider Adding a Second Story
When your home is no longer fully functional for your needs, you may be thinking about moving into a larger home with a more functional floor plan. While this is one option to consider, another option is to renovate your existing home. You could … [Continue reading]
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