What is the cost of renting vs owning a house? This article will look at recent information and take a fresh look at this well-established question.
There comes a time, in virtually everyone’s life, when they start to look at monthly…
Is it worth refinancing for a 1%, .5%, or .25% interest rate reduction? This article will help you make the best decision.
If you pay any attention to the real estate market or the mortgage industry, you’ve inevitably heard that interest rates are…
Forbearances are declining. What could this mean for future homebuyers?
The United States, at least economically, appears to be steadily returning to a state of normal.
Yes, COVID-19 cases continue to increase in many areas, causing new restrictions on gatherings by…
A real-estate contingency can make or break a deal. Although (in rare cases) they can hold up a sale, contingencies are a common, and usually inconsequential, part of the total sales process.
Whether you are a buyer or a seller,…
Mortgage research is an important part of the overall buying process. But where is the information, and what should you look for? This article hopes to guide you in the right direction.
An informed decision is a better decision. …
As homeowners, we are often pressured to refinance our mortgage. We see advertisements about falling interest rates and we’re told that if we don’t refinance right now, this “once-in-a-lifetime” opportunity will pass forever.
To be certain, refinancing can be extremely…
Since 2015, lenders and loan officers are required to issue a document known as a “loan estimate.” These documents can seem complex and intimidating, but if you understand their purpose, and how they help both you and the lending agent, you’ll be…
Refinancing is an important tool for homeowners, allowing borrowers to move from an impractical, expensive, or high-interest loan into a mortgage that fits their specific needs.
Generally, refinancing is for borrowers who will stay in the home, or at least…
When you were working, calculating your income for the purposes of securing a loan was easy. But with retirement accounts, it can be slightly more complicated. However, if you understand the basic math, you can use IRA distributions for the purchase of…
If you want to lower the interest on your next home loan, mortgage points can be extremely useful. They might seem complex, but the basic principle is simple: mortgage points are upfront payments that reduce the interest rate. Basically, you pay a…
Mobile homes provide an affordable option for your home purchase. While financing for this type of property can seem more complex, there are plenty of options available.
For California residents who are military veterans, one of the best options is financing…