Mortgage Blogs

 

 

The Impact Of The New Housing Construction Boom

New housing construction starts reached a record high in December 2019 going up 16.9%. This represents a seasonally-adjusted annual rate of 1.608 million homes last December, which beat the record set in December 2006, 13 years ago, according to CNBC. Th

Feb 12, 2020 |

Considering A Reverse Mortgage? Understand These Important Points First

Considering A Reverse Mortgage? Understand These Important Points First

There are many individuals who end up on a fixed income once they reach a certain age; however, their expenses aren’t always fixed. Sometimes, there is a large medical expense. In other cases, someone might need money for a new car or a home repair

Feb 12, 2020 |

Should You Buy a Second Home as Your First Home?

Should You Buy a Second Home as Your First Home?

There is a new trend catching on among younger urban residents: renting in the city and buying a vacation home as their first house purchase. This unconventional approach to first-time homebuying is one way for these buyers to achieve homeownership and al

Feb 12, 2020 | Purchasing a Home First-time Homebuyers

Considering A Reverse Mortgage? Understand These Important Points First

There are many individuals who end up on a fixed income once they reach a certain age; however, their expenses aren’t always fixed. Sometimes, there is a large medical expense. In other cases, someone might need money for a new car or a home repair

Feb 11, 2020 |

What’s Ahead For Mortgage Rates This Week -February 10th, 2020

What’s Ahead For Mortgage Rates This Week -February 10th, 2020

Last week’s economic news included readings on construction spending and public and private-sector job growth. Weekly readings on mortgage rates and first-time jobless claims were also released. Construction Spending Dips in December Overall spendi

Feb 11, 2020 |

What’s Ahead For Mortgage Rates This Week -February 10th, 2020

Last week’s economic news included readings on construction spending and public and private-sector job growth. Weekly readings on mortgage rates and first-time jobless claims were also released. Construction Spending Dips in December Overall spendi

Feb 10, 2020 |