Mortgage Blogs

 

 

The Do’s and Don’ts of Getting Approved for a Mortgage Quickly

The Do’s and Don’ts of Getting Approved for a Mortgage Quickly

If you’re ready to buy a home, getting approved for a mortgage is a critical step that you can’t skip or rush. And although it may seem like the lenders can be a bit arbitrary in their approvals, there’s actually a detailed set of crite

Jan 22, 2016 |

Home Builders Remain Confident in January

Home Builders Remain Confident in January

Home builders maintained December’s confidence level according to the National Association of Home Builders (NAHB) Housing Market Index for January. The latest reading of 60 mirrored December’s reading, but was two points lower than expected.

Jan 21, 2016 |

What’s Ahead For Mortgage Rates This Week – January 18, 2016

What’s Ahead For Mortgage Rates This Week – January 18, 2016

In addition to weekly reports on mortgage rates and new unemployment claims, last week’s economic news included the Fed’s Beige Book report, retail sales and consumer sentiment. January’s Empire State Index showed an unexpected dip and

Jan 20, 2016 |

Who Is Exempt From The VA Funding Fee?

Who Is Exempt From The VA Funding Fee?

Who is NOT required to pay the VA funding fee? This video could save some veterans thousands. VA loan applicants pay a funding fee – as of 2014, 2.15% of the total loan amount – which can be thousands of dollars. Some veterans and spo

Jan 16, 2016 |

Owning vs Renting: Why High Rents Are Worse Than a Mortgage over the Long Term

Owning vs Renting: Why High Rents Are Worse Than a Mortgage over the Long Term

If you’re at the stage in life where home ownership is nearly within your reach, you’re probably wondering whether you should start looking for a home or whether you should just keep renting. Renting is easier, people say, and it gives you mo

Jan 15, 2016 |

Real Estate Terms: The ‘Debt to Income’ Ratio and How It Affects Your Home Purchase

Real Estate Terms: The ‘Debt to Income’ Ratio and How It Affects Your Home Purchase

The real estate market is rife with terminology that can make a home purchase seem more than a little complicated. If you’re currently looking for a home and are considering your loan options, you may have even heard the term ‘Debt to Income&

Jan 14, 2016 |