So-So or No Credit? No Cash? An FHA Loan Can Get You a Home If you've never owned a home before, FHA loans offer a great way to break into the housing market. They're federally insured mortgages with easier requirements than conventional home loans. "The secret sauce, the magic ingredient, behind the FHA program is … Continue reading An FHA Loan Can Get You a Home
Rates rise and fall, don't miss out when they fall! Mortgage Rates Fall Dramatically — What This Means for Homebuyers © Mikolette / Getty Images/iStockphoto couple admiring their new house with mortgage rates dropping The average interest rate for a 30-year fixed mortgage dropped to 4.34 percent from 4.40 percent on March 21, 2019. This … Continue reading Mortgage Rates Fall Dramatically — What This Means for Homebuyers
Mortgage rates throttle higher, but relief lies ahead So far this year, the 30-year fixed is still averaging 4.42%, down from 4.54% in 2018 Rates for home loans rose slightly, squelching borrower enthusiasm even as the long-term outlook for rates remained upbeat for buyers. The 30-year fixed-rate mortgage averaged 4.41% in the March 7 week, … Continue reading Don’t Get Scared as Rates Rise Slightly
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
Mortgages fast approaching 5 percent, a fresh blow to housing market Mortgage rates hit their highest level in more than seven years this week at nearly 5%, a level that could deter many home buyers and represents another setback for the slumping housing market. The average rate for a 30-year fixed-rate mortgage rose to 4.9%—the … Continue reading Ready for the Rate Hikes?
U.S. housing market faces '5-percent' test NEW YORK (Reuters) - The U.S. housing market, already struggling with tight inventory and rising building costs, faces a fresh headwind as 30-year mortgage rates rise close to the 5 percent threshold for the first time in years. Even as home prices have climbed steadily thanks largely to a … Continue reading 5% Interest Rates
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 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 (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