Mortgage Blogs

 

 

What’s Ahead For Mortgage Rates This Week – August 3, 2015

What’s Ahead For Mortgage Rates This Week – August 3, 2015

Last week’s scheduled economic reports included the Case-Shiller 20 and 20-City Index reports, pending home sales data released by the National Association of Realtors® and the scheduled post-meeting statement of the Federal Reserve’s Fed

Aug 04, 2015 |

First-time Home Buyers: Why Splurging for a Larger Home Beats Condo Living

First-time Home Buyers: Why Splurging for a Larger Home Beats Condo Living

Some first-time home buyers are on a tight budget when making their real estate purchase, and there may be an inclination by many to purchase a smaller property, such as a condo, rather than the home they truly want. While there may be some initial finan

Aug 01, 2015 |

Federal Reserve FOMC Announcement

Federal Reserve FOMC Announcement

The stage was set in high suspense for FOMC’s post-meeting announcement on Wednesday. As fall approaches, analysts and the media are looking for any sign of when and how much the Fed will raise its target federal funds rate. According to CNBC, some

Jul 31, 2015 |

Understanding the Basics of How the Adjustable Rate Mortgage or ‘ARM’ Works

Understanding the Basics of How the Adjustable Rate Mortgage or ‘ARM’ Works

As the 2009 recession fades into the sunset, the home buying market is showing signs of improvement in areas all over the United States. With more home buyers now entering the market, this becomes a good time to discuss one popular type of mortgage calle

Jul 30, 2015 |

The HARP Mortgage Program is Coming to an End Soon – Here’s What You Need to Know

The HARP Mortgage Program is Coming to an End Soon – Here’s What You Need to Know

The United States government established the HARP program, otherwise known as the Home Affordable Refinance Program, to assist homeowners who are struggling with their mortgage payments. Initially, the program was founded in March 2009, and it has provid

Jul 29, 2015 |

What’s Ahead For Mortgage Rates This Week – July 27, 2015

What’s Ahead For Mortgage Rates This Week – July 27, 2015

Last week’s scheduled economic news releases were limited as no news was released on Monday or Tuesday, but good news did arrive in the form of a dip in mortgage rates for fixed rate loans. The National Association of Realtors® reported higher

Jul 28, 2015 |