Are you thinking about using a mortgage to buy a new home? Buying your own piece of local real estate is a major financial investment and one that can require some pretty complex math to fully understand. In this blog post we'll discuss mortgage … [Continue reading]
What’s Ahead For Mortgage Rates This Week – November 10, 2014
Last week's economic reports contained mixed reports indicating that the economy continues to recover with occasional "blips" in its progress. Construction spending was lower than expected. A Federal Reserve survey of senior loan officers indicated … [Continue reading]
Negotiation Tips: How to Ask the Seller to Pay the Closing Costs
You've found the perfect new house or condo, and you are now preparing an offer that you believe the seller will find tempting enough to accept. However, you know that there are going to be thousands of dollars in closing costs that need to be paid … [Continue reading]
Did You Know That Your FICO Score Can Drastically Affect Your Mortgage? Here’s Why
Are you about to apply for a mortgage loan in order to buy a home? If so, you may be curious about your credit score and how this might impact your financing. Let's take a quick look at how FICO credit scores can affect your mortgage and share a … [Continue reading]
You Ask, We Answer: What is a “Reverse Mortgage”?
If you've recently considered your options for taking some of the equity out of your home you may have heard about reverse mortgage loans. If you meet the requirements for a reverse mortgage it can be an excellent way to tap into the value of your … [Continue reading]
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