Mortgage Blogs

 

 

How to Avoid Wire Fraud at Mortgage Closing

How to Avoid Wire Fraud at Mortgage Closing

You have found the perfect property and made it all the way through the home buying process. The only thing left to do is wire the down payment and closing costs to your mortgage lender. Right before you are supposed to wire the money, you get an email fr

Aug 07, 2019 | Mortgage Advice

What’s Ahead For Mortgage Rates This Week – August 5th, 2019

What’s Ahead For Mortgage Rates This Week – August 5th, 2019

Last week’s economic news included readings from Case-Shiller on home prices, pending home sales, construction spending and a post-meeting statement from the Federal Open Market Committee of the Federal Reserve. Consumer sentiment was released alon

Aug 06, 2019 |

Why Do People Stage Homes To Sell?

Why Do People Stage Homes To Sell?

If you’re selling your home, your real estate agent has likely advised you to stage your home to sell. But why exactly do people stage homes to sell? Some people go to great lengths to stage their home too, even going so far as moving possessions i

Aug 03, 2019 |

Case-Shiller: Home Prices Growth Slows in March

Case-Shiller: Home Prices Growth Slows in March

Home price growth slowed again in May according to Case-Shiller home price indices. Home price growth slowed for the 14th consecutive month to its lowest rate in 12 years. Case-Shiller’s National Home Price Index showed 3.40 percent growth year-ove

Aug 02, 2019 |

What Is Eminent Domain?

What Is Eminent Domain?

Eminent domain is a law that gives the federal, state, county, and municipal governments in the United States the legal right to “condemn” property and then seize it to allow its use for development. Eminent domain is supposed to be used by t

Aug 01, 2019 |

The Community Reinvestment Act Explained In Simple Terms

The Community Reinvestment Act Explained In Simple Terms

The federal government adopted the Housing and Community Development Act in 1977, and the Community Reinvestment Act (CRA) portion was designed to prompt lending institutions to provide mortgages for low- and moderate-income Americans. The underlying rea

Jul 31, 2019 |