Mortgage Blogs

 

 

Pros And Cons: Older Homes Versus New Construction

Pros And Cons: Older Homes Versus New Construction

Opinions differ about whether home buyers are best served by purchasing an older home or new construction. New homes enjoy that “new home” smell and the idea that you are the very first occupant can be very appealing. On the other hand, older

Sep 22, 2018 |

NAHB Housing Market Index Unchanged in September

NAHB Housing Market Index Unchanged in September

Home builder confidence in housing market conditions stayed flat in September. The National Association of Home Builders Housing Market Index reported an index reading of 67, which matched expectations and NAHB’s housing market reading for August.

Sep 21, 2018 |

Is A Reverse Mortgage Right For You?

Is A Reverse Mortgage Right For You?

Imagine the bank depositing monthly premiums into your account instead of you writing a mortgage check. That’s basically how a reverse mortgage works.   Traditional mortgages involve people paying down the interest and principal on a home loan

Sep 20, 2018 |

3 Key Advantages Of Listing Your House This Fall

3 Key Advantages Of Listing Your House This Fall

Homeowners looking to maximize their return on investment often want to know what season best achieves that goal. Getting near or full asking price can be influenced by a wide range of factors, including market trends, inventory and interest rates to nam

Sep 19, 2018 |

Should I Make a Biweekly Mortgage Payment?

Should I Make a Biweekly Mortgage Payment?

Many homeowners are eager to pay off or pay down their mortgages in order to save themselves money in interest charges. Many lenders have even anticipated this situation by offering buyers a bi-weekly payment program. What is a Bi-Weekly Mortgage Payment

Sep 19, 2018 | First-time Homebuyers Purchasing a Home Mortgage

What’s Ahead For Mortgage Rates This Week – September 17th, 2018

What’s Ahead For Mortgage Rates This Week – September 17th, 2018

Last week’s economic news included readings on consumer credit, inflation and consumer sentiment. Weekly readings on mortgage rates and first-time jobless claims were also released. Fed Reports Consumer Credit Jumps in July The Federal Reserve repo

Sep 18, 2018 |