Life can feel a bit unpredictable these days. What’s happening with inflation? The economy? What is the status of homeownership in today’s housing market? But in the middle of all that uncertainty, there’s one thing a lot of people still crave – a place to call their own. Because when everything else feels up inContinue reading “Why Homeownership Is Going To Be Worth It”
Tag Archives: mortgage
Now’s the Time To Upgrade to Your Dream Home
Are you thinking of upgrading to your dream home? A recent Inman survey reveals the top motivator for today’s homebuyers is the desire for more space or an upgraded home (see graph below): But there’s also a good chance you, like many other people, have been holding off on that goal because of recent market challenges. It makes sense – whenContinue reading “Now’s the Time To Upgrade to Your Dream Home”
Should I Wait For Mortgage Rates To Come Down Before I Move?
If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some information that could help answer that question for you: In the housing market, there’s a longstanding relationship between mortgage rates and buyer demand. Typically, theContinue reading “Should I Wait For Mortgage Rates To Come Down Before I Move?”
2 Of The Factors That Impact Mortgage Rates
If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why? The answer is complicated because there’s a lot that can influence mortgage rates. Here are just aContinue reading “2 Of The Factors That Impact Mortgage Rates”
What Is A Mortgage
What is a mortgage? A mortgage is a loan specifically for buying property. It’s your key to home ownership. The loan has two parts: the principal, the amount you borrow, and the interest, a percentage you pay for using the lender’s money. Mortgages come in various forms, including: Read Also: Feb Love: Homes To Cherish, NewContinue reading “What Is A Mortgage”
What Is A Jumbo Mortgage
Jumbo mortgages almost completely disappeared during the mortgage meltdown. They’re available again in today’s mortgage market, but lenders are taking a more cautious approach. Jumbo mortgages are home loans that exceed conforming loan limits, which are currently $417,000 in most parts of the United States and $625,500 in certain high-cost areas. Read Also: Ways To VolunteerContinue reading “What Is A Jumbo Mortgage”
What Is A Jumbo Mortgage
Jumbo mortgages almost completely disappeared during the mortgage meltdown. They’re available again in today’s mortgage market, but lenders are taking a more cautious approach. Jumbo mortgages are home loans that exceed conforming loan limits, which are currently $417,000 in most parts of the United States and $625,500 in certain high-cost areas. Read Also: The Best TimeContinue reading “What Is A Jumbo Mortgage”
Questions To Ask Your Mortgage Lender
The mortgage business is highly competitive, with many loan options to choose from before selecting a lender or a loan. Read Also: What Does Sale Pending Mean? Here are some questions you should be asking. Getting answers to these questions will help you fully understand all the terms and conditions of your mortgage. Watch the videoContinue reading “Questions To Ask Your Mortgage Lender”
Ways To Pay Off Your Mortgage Early
Thinking about paying your mortgage early? Paying your mortgage ahead of time can help you make some great savings. Now let’s take a look regularly. If adding $100 or more to your monthly payments can cut down your mortgage years significantly, consider making a payment every two weeks, which means you’ll be able to makeContinue reading “Ways To Pay Off Your Mortgage Early”
What Happens When Real Estate Taxes Remain Unpaid
Failure to pay property taxes, when due can lead the serious consequences. Its interest property liens even lead to foreclosure. Most lenders require monthly mortgage payments to include an escrow for 1/12 of the annual property taxes. Read Also: What Is a Reverse Mortgage? If your taxes aren’t a part of your monthly payment, make sureContinue reading “What Happens When Real Estate Taxes Remain Unpaid”
