Mortgage Blogs

 

 

Interest Rate vs. APR

Interest Rate vs. APR

Interest rate and annual percentage rate (APR)-those are the same thing, right? Unfortunately, too many mortgage buyers don’t realize the answer is no. The interest rate on your mortgage loan is different from the APR and understanding both is impor

Jan 09, 2019 | Interest Rates

What’s Ahead For Mortgage Rates This Week – January 7th, 2019

What’s Ahead For Mortgage Rates This Week – January 7th, 2019

Last week’s economic reports included Labor Department readings on private and public sector jobs, the national unemployment rate. Weekly readings on mortgage rates and first-time jobless claims were also released. Monthly reporting on construction

Jan 08, 2019 |

Should You Buy A Fixer Upper Or Move-In Ready Home?

Should You Buy A Fixer Upper Or Move-In Ready Home?

There’s a lot to be said for buying a move-in ready home. All you have to do is put your things away and start living your life. On the other hand, buying a fixer upper has its advantages, too. You can get a great bargain on a fixer upper home. So

Jan 05, 2019 |

5 First Steps For New Homeowners

5 First Steps For New Homeowners

As a new homeowner, now is the time to take control and organize your house for safety and security. The following first five steps should be carried out in the first few weeks if possible. 1. Change The Locks There’s no way of knowing if the previ

Jan 04, 2019 |

Case-Shiller: Home Price Growth Grinds to Lowest Rate in 2 Years

Case-Shiller: Home Price Growth Grinds to Lowest Rate in 2 Years

Home prices rose by 0.40 percent in October according to Case-Shiller’s 20-City Home Price Index and were unchanged from September’s year-over-year reading of 5.50 percent growth. Slower growth in home prices could help some would-be home buy

Jan 03, 2019 |

The Ins and Outs of a Down Payment

The Ins and Outs of a Down Payment

Being able to purchase a home is often tied to how much of a down payment you have saved. If you have never bought a house before, you may not understand what a down payment is or why it is so important. Here’s the basics you need to know as you sav

Jan 02, 2019 | VA Loans FHA Loans Preapproval Purchasing a Home