Mortgage Blogs

 

 

Buying a New Home? Learn How the ‘Conforming Loan Limit’ Might Affect Your Purchase

Buying a New Home? Learn How the ‘Conforming Loan Limit’ Might Affect Your Purchase

From mortgage to equity to debt-to-income ratio, there are many terms associated with home ownership that can be quite confusing if you’ve never been on the market for a home before. ‘Conforming loan limit’ may be a less familiar real e

Feb 25, 2016 |

How to Calculate Your True Cost of Living and Determine How Much Mortgage You Can Afford

How to Calculate Your True Cost of Living and Determine How Much Mortgage You Can Afford

A monthly mortgage can seem like enough of a financial responsibility on its own, but there are many factors involved in home ownership that affect its fiscal feasibility. If you’re in the market for a house and are wondering how your income will s

Feb 24, 2016 |

What’s Ahead For Mortgage Rates This Week – February 22, 2016

What’s Ahead For Mortgage Rates This Week – February 22, 2016

Last week’s economic news included the NAHB Housing Market Index, Commerce Department releases on housing starts and building permits and minutes of the most recent meeting of the Fed’s FOMC meeting. Home Builder Confidence Falls in February

Feb 23, 2016 |

Eliminate These 5 Barriers To Saving For Your Down Payment This Month!

Eliminate These 5 Barriers To Saving For Your Down Payment This Month!

With all the expenses that go into monthly living and the temptations that come along with life, saving money for the down payment on your new home can be quite a struggle for many people. If you’re having a hard time saving and are wondering what

Feb 20, 2016 |

HARP Refinancing Ends in 2016: Here’s How to Take Advantage Before It’s Gone

HARP Refinancing Ends in 2016: Here’s How to Take Advantage Before It’s Gone

Many homeowners are struggling to keep up with their mortgage payments on a monthly basis, and it can often seem like there are limited options for remedying the situation. If you haven’t heard of HARP refinancing and you’re a homeowner who&#

Feb 19, 2016 |

New Home Construction Seen As A Possible Solution To Pent Up Demand For Homes

New Home Construction Seen As A Possible Solution To Pent Up Demand For Homes

Builder confidence in markets for new homes fell three points in February to a reading of 58. January’s reading was revised upward to 61. Builders have repeatedly expressed concerns shortages of labor and lots for development, but continue to expre

Feb 18, 2016 |