Taking on the task of renovating your home can seem like an awful lot of work, but there are ways to do this that require a ...Continue Reading →
FHA loans are becoming increasingly popular these days as potential homeowners may not able to qualify as easily for conventional mortgages.
The FHA insures some higher-risk loans, in turn allowing borrowers with low down payments and less than perfect credit to purchase homes and bolster the housing market.
However, while getting through the loan process with an FHA mortgage loan is not necessarily more difficult ...Continue Reading →
Whether you are purchasing a new home or you are considering applying to refinance your home, chances are the lender will require an escrow account. These accounts are often a source of confusion for homeowners. In reality, these accounts benefit the homeowner and help ...Continue Reading →
Last week’s weeks economic releases included readings on the NAHB Housing Market Index, housing starts and building permits issued and consumer sentiment. Weekly readings on mortgage rates and new jobless claims were also released.
NAHB: Builder Confidence in Housing Market ...Continue Reading →
Refinancing a mortgage is a golden opportunity to lock in today’s low interest rate for the next 15 or 30 years. While interest rates now are still low, there’s a good chance they may be heading up in the coming months.
The Fed may not maintain the current bond purchasing level forever, and any changes that the Fed makes will likely affect mortgage ...Continue Reading →