Mortgage Blogs

 

 

Real Estate Terms: The ‘Debt to Income’ Ratio and How It Affects Your Home Purchase

Real Estate Terms: The ‘Debt to Income’ Ratio and How It Affects Your Home Purchase

The real estate market is rife with terminology that can make a home purchase seem more than a little complicated. If you’re currently looking for a home and are considering your loan options, you may have even heard the term ‘Debt to Income&

Jan 14, 2016 |

Money Matters: Understanding How a Mortgage Loan Can Be a Productive Investment

Money Matters: Understanding How a Mortgage Loan Can Be a Productive Investment

Most people tend to think of a mortgage loan as a necessary evil, an expense that has to be managed. But under the right circumstances, your mortgage can become a smart investment – something that makes you money instead of costing you money. With

Jan 13, 2016 |

What’s Ahead For Mortgage Rates This Week – January 11, 2016

What’s Ahead For Mortgage Rates This Week – January 11, 2016

The first week of 2016 was quiet concerning housing and mortgage related news, but reports on construction spending and several labor-related reports were released. Construction spending is connected to housing markets as it provides evidence of builder

Jan 12, 2016 |

Dealing with an Empty Nest? 5 Great Reasons to Downsize into a New Condo

Dealing with an Empty Nest? 5 Great Reasons to Downsize into a New Condo

There’s a good chance if your children have recently moved out that your home is feeling a lot larger than it used to, and perhaps you’re re-considering the extra space. If downsizing to a condo is on your mind and you’re weighing the b

Jan 09, 2016 |

5, 10, 20 Percent or More? How to Determine How Big of a Down Payment You Need

5, 10, 20 Percent or More? How to Determine How Big of a Down Payment You Need

Whether or not you’re new to real estate, there’s little doubt that you’ve heard the term down payment as it relates to purchasing a home. There’s a lot of different information out there in regards to how much this figure should

Jan 08, 2016 |

Have You Been Denied for a Mortgage? Here Are 3 Reasons Why You’ll Want to Keep Trying

Have You Been Denied for a Mortgage? Here Are 3 Reasons Why You’ll Want to Keep Trying

If you’re in the market for a new home, you’ll most likely need a mortgage in order to afford it. But for some home buyers, getting a mortgage isn’t easy. Banks and other lenders are often hesitant to lend money to certain consumers, of

Jan 06, 2016 |