Featured photo credit: https://www.nationalguard.com/careers/ground-forces The VA loan is one of the most powerful home buying tools available to those who qualify. A few benefits of the VA home loan are an option for ZERO down payment, no Private Mortgage Insurance, and lenient credit qualifications. There are specific criteria to qualify for the VA home loan, …
15 Tips For An Easy Mortgage Process During The Holidays
‘Twas a crisp, cold, clear night, when we hoped for a house. With my hot cocoa stirring, I looked at my spouse. We’d mapped out our assets and budget with care, In hopes that our offer would not catch a snare. The children were nestled all snug in their beds, While dreams of new bedrooms …
Does it Make Sense to Refinance? 5 Things To Know
If you are thinking about refinancing, you probably have a good reason. Maybe you are curious if you could save money by locking in a lower interest rate. Maybe you wonder if you could use some of the equity you have established in your home. Whatever your reason, here are 5 things to know before …
The EU Referendum, Brexit, and US Mortgage Rates
“The sudden stop in employment growth rules out any chance of a rate hike from the Fed at next week’s FOMC meeting, particularly now that the UK vote on whether to leave the European Union appears to be going down to the wire,” said Capital Economics Chief Economist Paul Ashworth. (source: Housingwire.com) Britain’s exit from the …
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Seeking the American Dream of Home Ownership
Are you living the American Dream? Most of us have a pretty good idea about what the American Dream is. In case you don’t, we looked it up: If we carry this definition further, we find that many Americans see homeownership as an important part of that dream. Let’s look at some recent statistics. Existing home sales in May […]
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What is a Mortgage Payment?
One of the best long-term decisions that a person can make is purchasing a new home. While the value of a home may go up and down over a short period of time, home values have always increased over the long-term and have proven to be a great way to build personal equity. To purchase […]
What You Should Know About First Time Home Buyers [INFOGRAPHIC]
Over 1/3 of all real estate purchases are first time homebuyers and this infographics helps us understand who they are. We used data collected by the National Association of Realtors and turned it into a fun way to digest the information. Check out our very first infographic and feel free to share it: (Click on ...
More Americans Confident They Can Get Mortgages
The housing slowdown may have been accompanied by an inability for potential homeowners to obtain mortgages, but the latest Fannie Mae National Housing Survey shows movement on the mortgage consumption-front. For the month of November, 51% of survey respondents said it would now be easier to obtain a mortgage. This larger vote of confidence suggests [...]