Mortgage Blogs

 

 

Understanding the Principal Limit on a Reverse Mortgage and What Happens if You Reach It

Understanding the Principal Limit on a Reverse Mortgage and What Happens if You Reach It

If you’re considering applying for a reverse mortgage, you’ll want to ensure you understand certain critical factors. One such factor is the principal limit. The principal limit will have a strong influence on your finances, which is why you&

Nov 13, 2015 |

Did You Know? Why a Mortgage Pre-qualification Meeting Might Be Your Best Use of 5 Minutes

Did You Know? Why a Mortgage Pre-qualification Meeting Might Be Your Best Use of 5 Minutes

If you’re in the market for a mortgage, you may want to set up a pre-qualification meeting with a mortgage professional. Even if you’re not 100% sure who you’d like to apply for a mortgage with, pre-qualification can still be a valuable

Nov 11, 2015 |

What’s Ahead For Mortgage Rates This Week – November 09, 2015

What’s Ahead For Mortgage Rates This Week – November 09, 2015

Last week’s economic reports included releases on construction spending and several labor-related reports including ADP payrolls, Non-Farm payrolls, average hourly earnings and weekly jobless claims. Freddie Mac reported that mortgage rates rose as

Nov 10, 2015 |

How Are Pre-Qualifying And Pre-Approval Different?

How Are Pre-Qualifying And Pre-Approval Different?

How Are Pre-Qualifying And Pre-Approval Different? Watch this video and it’ll make sense. Pre-qualification is an informal way to see how much you maybe able to borrow. You can be ‘pre-qualified’ over the phone with no paperwork by te

Nov 07, 2015 |

What Are the Advantages to Paying off Your Mortgage Early? Here Are a Few That Might Entice You

What Are the Advantages to Paying off Your Mortgage Early? Here Are a Few That Might Entice You

If you’re looking into fixed term mortgages, you might be wondering whether there’s any reason why you should take the full term to pay off the loan. In a lot of cases, paying off a mortgage before it comes due is a great decision. If youR

Nov 06, 2015 |

Find Something Wrong During a Home Inspection? How to Discuss Repairs or Defects with a Seller

Find Something Wrong During a Home Inspection? How to Discuss Repairs or Defects with a Seller

When it comes to selling a home, it is a common belief that once the offer is accepted, there is nothing else to be negotiated. However, issues and obstacles that can arise during the home inspection can be a cause for discussion with the seller. Whether

Nov 05, 2015 |