Mortgage Blogs

 

 

The Pros and Cons of Paying Your Mortgage Bi-weekly Vs. Monthly

The Pros and Cons of Paying Your Mortgage Bi-weekly Vs. Monthly

When applying for a new mortgage or after closing, many may have the option to choose between a single monthly mortgage payment or smaller bi-weekly payments. There are benefits and drawbacks associated with both options, and some personal financial cons

Jul 10, 2015 |

Let’s Talk Hardwood: Why Converting Your Home to Hardwood Flooring Will Boost Its Value

Let’s Talk Hardwood: Why Converting Your Home to Hardwood Flooring Will Boost Its Value

When a homeowner makes the decision to upgrade flooring in one area of the home or throughout the entire space, there are numerous materials that may be considered. While each material option has its unique benefits and advantages, many are drawn to hard

Jul 09, 2015 |

Start with the Basics: How to Create a Budget to Determine How Much Mortgage You Can Afford

Start with the Basics: How to Create a Budget to Determine How Much Mortgage You Can Afford

A mortgage is typically one of the biggest monthly payments and financial responsibilities that a person is responsible for. Mortgage payments usually impact the person’s budget significantly for several decades or longer. While there are mortgage

Jul 08, 2015 |

What’s Ahead For Mortgage Rates This Week – July 6, 2015

What’s Ahead For Mortgage Rates This Week – July 6, 2015

Last week’s housing-related economic events included the Case-Shiller Home Price Index reports for April, the Commerce Department’s Pending Home Sales report and a report on Construction Spending. In other economic news, Non-Farm Payrolls, t

Jul 07, 2015 |

3 Reasons Why the Lowest Mortgage Interest Rate Isn’t Always Your Best Option

3 Reasons Why the Lowest Mortgage Interest Rate Isn’t Always Your Best Option

One of the more common methods that home loan applicants use to find the best loan program available is to compare interest rates, but choosing the lowest rate possible is not always the best option available. In fact, in some cases, it may be one of the

Jul 03, 2015 |

Case-Shiller: Home Price Growth Slower in April

Case-Shiller: Home Price Growth Slower in April

According to the Case-Shiller 20-City Home Price Index for April, home prices slowed from the March reading of 4.30 percent year-over-year to 4.20 percent year-over-year. David M Blitzer, Chairman of S&P Index Committee, said that home prices are no

Jul 02, 2015 |