Mortgage Blogs

 

 

Thinking About a Second Mortgage on Your House? Here’s What You Need to Know

Thinking About a Second Mortgage on Your House? Here’s What You Need to Know

Whether it’s to consolidate debt or make funds available for a home renovation, many people consider a second mortgage in order to make it possible to pursue other options. However, like any important financial decision, it’s important to be

May 25, 2017 |

Did You Know: Single Women Are Buying Homes Faster Than Single Men — Here’s Why

Did You Know: Single Women Are Buying Homes Faster Than Single Men — Here’s Why

With low interest rates and uncertainty as to where the real estate market will be in the next six months, many people are opting into ownership and investing in a home. Interestingly, according to the National Association of Realtors, approximately 17 p

May 24, 2017 |

What’s Ahead For Mortgage Rates This Week – May 22, 2017

What’s Ahead For Mortgage Rates This Week – May 22, 2017

Last week’s economic reports included readings from the National Association of Home Builders, Commerce Department readings on housing starts and building permits and weekly reports on mortgage rates and new jobless claims. NAHB Housing Market Inde

May 23, 2017 |

The 10-year Mortgage: Why a Shorter Amortization Period Can Be Your Best Option

The 10-year Mortgage: Why a Shorter Amortization Period Can Be Your Best Option

From ‘down payment’ to ‘adjustable rate’ to ‘debt-to-income’ ratio, there are so many terms involved in the mortgage process that it can be hard to learn them all and keep them straight. However, whether or not youR

May 20, 2017 |

Suffering in a ‘Low Inventory’ Real Estate Market? 3 Helpful Tips for Finding a Home to Buy

Suffering in a ‘Low Inventory’ Real Estate Market? 3 Helpful Tips for Finding a Home to Buy

Many homebuyers struggle with finding a home that is within their price range, but many of those perusing the market also struggle when it comes to the search. If you’re currently in the real estate market and are having difficulty finding a good s

May 19, 2017 |

NAHB: Home Builder Confidence Rises in May

NAHB: Home Builder Confidence Rises in May

The National Association of Homebuilders reported a two-point increase in builder confidence in May. The NAHB Housing Market Index reading increased from 68 in April to 70, which was the second-highest reading since the economic recovery started. MayR

May 18, 2017 |