Get Pre-Approved for a mortgage today, trust me

Why You Should Get Pre-Approved for a Mortgage   What is mortgage pre-approval and how can it help you to get the house of your dreams? Find out the answer here. Image Credit: Getty Images If you're shopping for a home, one of the first things you should do is go to the bank to … Continue reading Get Pre-Approved for a mortgage today, trust me

What Mortgage Rates are anticipated to do

Thank you #Marketwatch I wonder how this will shape out next year at this time. Whose prediction will win?!

What does the Rate Hike mean to you?

  What a Fed rate hike means for you, at any age Sarah Skidmore Sell and Stan Choe, AP Business Writers,Associated Press 22 hours No matter your age, what the Federal Reserve does to interest rates will most likely affect you. The central bank raised what's called the federal funds rate by a quarter of … Continue reading What does the Rate Hike mean to you?

Mortgage Rates are Rising

~ Mortgage Rates are rising again, the decade of the past with historically low rates is coming to an end. If you are looking to buy don't hesitate!! If you have any questions give me a call. Need a lender to speak to, give me a call! ~ Mortgage rates hit a seven-and-a-half-year high as … Continue reading Mortgage Rates are Rising

Study Says: It’s Easy to Get a Mortgage Again

Study Says: It's Easy to Get a Mortgage Again (Image credit: Image Source/Getty Images) For many, the path to becoming a first-time homeowner is an uphill climb. Student debt, low wages, high housing prices, and massive down payments can mean putting home-owning dreams on the back burner. But a new report provides a flicker of … Continue reading Study Says: It’s Easy to Get a Mortgage Again

7 Programs That Help First-Time Home Buyers

~ know of or have used any of these? ~ 7 Programs That Help First-Time Home Buyers Programs with low down payments for first-time home buyers include FHA and VA loans and loans backed by Fannie and Freddie. Others can help you remodel or upgrade a home. At NerdWallet, we adhere to strict standards of … Continue reading 7 Programs That Help First-Time Home Buyers

Reverse Mortgages

Why reverse mortgages are a harder sell now The millions of Americans who haven’t saved enough money for retirement still have a potential safety net: their home equity. But recent changes to reverse mortgages mean seniors and their families may have tougher decisions to make. Reverse mortgages allow people 62 and older to tap their … Continue reading Reverse Mortgages

Navigating the Mortgage Ecosystem

Navigating the Mortgage Ecosystem Editor's Note: This story was originally featured in the March issue of MReport, out now. Thirty years ago, mortgage origination was a simple process. An application was taken at the local savings and loan branch, documents were prepared within 48 hours, sent to a title company with a note to close, … Continue reading Navigating the Mortgage Ecosystem

US mortgage rates climb to 4-year high

~ a payment at the below interest rate of 4.46% would be $1410 for a $350,000 home with 20% down, not including taxes and insurance. The article states the rate at 4.21% from one year ago which would be $1370 for the same parameters. That's a $40 increase which adds up especially when buying a … Continue reading US mortgage rates climb to 4-year high

A Tale of Two Decades

~ I think this is a really good outline of the last 10 years, hopefully you find it helpful. Let me know if you have any questions! ~ A Tale of Two Decades   From a macroeconomic perspective, the mortgage market entering 2008 was in tatters. The collapse of the subprime and the Alt-A markets, … Continue reading A Tale of Two Decades