Mortgage Blogs

 

 

What is a 5/5 ARM?

What is a 5/5 ARM?

If you are familiar with adjustable-rate mortgages (ARMs), you have probably heard of the 5/1 ARM or even the 10/1 or 1/1 ARM. There is a newer ARM loan available that is growing in popularity: the 5/5. Here’s everything you need to know about this

Apr 03, 2019 | Adjustable Rate Mortgages

What’s Ahead For Mortgage Rates This Week – April 1st, 2019

What’s Ahead For Mortgage Rates This Week – April 1st, 2019

Last week’s economic reports included readings from Case-Shiller on home price growth, Commerce Department readings on housing starts and building permits issued. The Conference Board issued its monthly reading on consumer confidence. Pending home

Apr 02, 2019 |

3 Ways to Reduce the Environmental Impact of Your Home Renovation Project

3 Ways to Reduce the Environmental Impact of Your Home Renovation Project

The right home renovation strategy can increase property values and improve the comfort and utility of your space. However, your actions could have a harsh impact on our natural resources. Here are several ways you can reduce your renovation’s effe

Mar 30, 2019 |

Case-Shiller Home Price Growth Slower in January

Case-Shiller Home Price Growth Slower in January

Home price indices issued by S&P Case-Shiller showed further slowing in home price growth in January. The national home price index showed 4.30 percent home price growth for the three months ended in January. Analysts expected home prices to grow 4.2

Mar 29, 2019 |

Are Multi-Unit Properties the Right Move for You?

Are Multi-Unit Properties the Right Move for You?

Real estate isn’t a one-size-fits-all pursuit. Buying and renting multi-unit properties is one of the ways investors build residual income while increasing their property portfolios. However, multi-unit rentals come with some unique challenges. Are

Mar 28, 2019 |

What Causes Mortgage Interest Rates To Fluctuate?

What Causes Mortgage Interest Rates To Fluctuate?

The mortgage interest rate represents the cost of borrowing money to purchase a property. Mortgage interest rates are not fixed; that is, they fluctuate from one period of time to the next. Many different factors play into what your mortgage interest rat

Mar 27, 2019 |