Mortgage Blogs

 

 

What Is A Reverse Mortgage?

What Is A Reverse Mortgage?

A reverse mortgage is a way to use the equity value that built up in a home to improve the quality of life for those who have appropriate circumstances when they reach the retirement age of 62 or older. With a reverse mortgage, a person continues to live

Jun 13, 2019 |

7 New Home Upgrades that Could Save Your Life

7 New Home Upgrades that Could Save Your Life

One of the best things about moving into a new home is personalizing it and really making it yours. From hanging wall art to arranging furniture to finding the perfect spot for your grandmother’s hand crocheted afghan, it’s a real joy to deco

Jun 12, 2019 |

How Do I Get Rid of Private Mortgage Insurance?

How Do I Get Rid of Private Mortgage Insurance?

Private mortgage insurance (PMI) is required by lenders when borrowers contribute less than 20% of the home’s value as a down payment. This insurance protects the lender, not the homebuyer. If the loan borrower defaults on the mortgage for any reaso

Jun 12, 2019 | Conventional Loans

What’s Ahead For Mortgage Rates This Week – June 10th, 2019

What’s Ahead For Mortgage Rates This Week – June 10th, 2019

Last week’s economic releases included readings on construction spending, public and private sector jobs and national unemployment. Weekly reports on mortgage rates and first-time unemployment claims were also released. Construction Spending Little

Jun 11, 2019 |

Make the Most Of A Small Yard Space

Make the Most Of A Small Yard Space

It’s great to have a yard in this day and age, but so many new developments in the city have limited green space for you to let your imagination run wild. If you’re wondering what you can do with your patch of green space or small yard, here

Jun 08, 2019 |

Renovations That Improve Resale Value And Those That Don’t

Renovations That Improve Resale Value And Those That Don’t

Those who want to renovate a home usually do this to make it more spacious, improve its condition, and to add amenities. However, it is also important to consider if the renovation has the potential to add value to a home. Unless the plan is to live in t

Jun 07, 2019 |