Mortgage Blogs

 

 

What’s Ahead For Mortgage Rates This Week – June 11th, 2018

What’s Ahead For Mortgage Rates This Week – June 11th, 2018

Last week’s economic reports included analyst assertions that U.S. housing markets are overvalued in over 50 percent of markets. Weekly reports on mortgage rates and first-time jobless claims were also released. CoreLogic: Over Half of Top 50 U.S.

Jun 12, 2018 |

Long-Distance House Hunting Tips

Long-Distance House Hunting Tips

It pays to start with a solid strategy when you have to house hunt from afar. Hunting for a house is stressful enough even if you are moving to another part of town. However, when you are searching for a house from afar, it can make the task of finding t

Jun 09, 2018 |

What To Know When Looking At Active Adult Communities

What To Know When Looking At Active Adult Communities

For many Americans, retirement age is fast approaching or already here: Baby Boomers account for nearly 75 million individuals in the United States. Retirement can present a lot of opportunities, especially when it comes to relaxation, activities, and th

Jun 08, 2018 |

What You Need To Know About Short Sales

What You Need To Know About Short Sales

On the surface, a short sale seems like the perfect deal. However, before you take the plunge, you need to understand how this type of home purchase works. What Is a Short Sale? A short sale is a home sale in which the homeowner is selling the home for l

Jun 07, 2018 |

4 Reasons You Don’t Want to Pay PMI

4 Reasons You Don’t Want to Pay PMI

Years ago, a 20% down payment was a requirement for obtaining a mortgage loan. Putting that much money down made it less likely that borrowers would simply default on their home loans and gave lenders a measure of security and collateral in the case of fo

Jun 07, 2018 | First-time Homebuyers

Pros And Cons Of Buying A Foreclosure

Pros And Cons Of Buying A Foreclosure

When a homeowner stops making regular mortgage payments, the bank can foreclose on the property. This means that the bank takes possession of the property in an attempt to recover the debt the homeowner owes. In some cases, the bank may try to recover th

Jun 06, 2018 |