Most people don't know whether or not a single missed mortgage payment can have serious consequences for their credit score. The good news is that there are things that can be done to mitigate the damage and help anyone who has missed a payment … [Continue reading]
National Association of REALTORS Existing Home Sales Exceed Projections
According to the National Association of REALTORS®, existing home sales surpassed both May sales and expectations for June. Sales of previously owned homes increased by 2.60 percent in June and reached a seasonally adjusted annual level of 5.04 … [Continue reading]
Is Now the Time to Consider a 15-Year Mortgage? Five Reasons to Give the 15Y Another Look
A 15-year fixed mortgage is, as its name suggests, a mortgage that's paid off after 15 years. Since it amortizes fully, after that amount of time you won't have to pay anything else. This type of mortgage has a lot of benefits, and below we'll share … [Continue reading]
What’s Ahead For Mortgage Rates This Week – July 21, 2014
Last week's economic news offered a variety of indications that the economic recovery continues, but some readings missed their expected levels. The Philadelphia and New York branches of the Federal Reserve Bank reported higher than anticipated … [Continue reading]
Buying a House or Condo? Why the Home Inspection Process is One You Won’t Want to Skimp On
Once you have found that perfect home with the right price and every little feature you were hoping for, it's important to keep in mind that the home has been presented in a way that accentuates its highlights and shadows any flaws. For this reason, … [Continue reading]
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