Mortgage rates have enjoyed a record run in the 3s. Now, rates appear to be entering a new phase, where 3% rates become very hard to find. Continue reading
Archive | Mortgage
RSS feed for this sectionMortgage Rates Are Way, Way Higher After Trump Wins Historic Election
Election results are pushing mortgage rates higher — much higher. Why 30-year fixed rates may have just entered a “new normal” range near 4%. Continue reading
Boomerang Buyers Can Get A Mortgage After Deed In Lieu Of Foreclosure
So, can you get a new mortgage after a deed in lieu of foreclosure? In many cases, you can. Here are the programs you may use, and what it takes to get approved. Continue reading
Current Mortgage Rates Approach 7-Month High After Trump Wins Election
Mortgage rates are on the rise in response to unexpected election results. Your mortgage rates strategy today. Continue reading
From Poor To Fair: How To Raise Your Credit Score
It’s not that hard to raise your credit score, and the benefits are huge. Here’s how to improve your credit score from poor to fair. Continue reading
FHA Condos: New Guidelines Make More Communities Eligible
FHA condos just got easier to finance. Just 35% of units must be owner-occupied, down from 50%. That’s great for investors and owners in resort towns. Continue reading
Election Day: How Much Mortgage Rates Could Change After Tuesday
Mortgage rates shift quickly on important news. There is perhaps no bigger news in 2016 than the presidential election. How the results could affect mortgage rates today. Continue reading
Find A Mortgage For An “Unapproved” Condo
Unlike single-family neighborhoods, condo and townhome communities must be approved by lending agencies. What to do if your desired condo or townhome is not approved. Continue reading
Don’t Rule Out Home Buying This Holiday Season
Home buyers should consider shopping for a home during the holidays. Sellers are willing to negotiate, and lenders are less busy, too. How to find deals when most buyers are on the sidelines. Continue reading
How To Profit With FHA 203(k) Refinance Mortgages
FHA’s 203(k) refinance helps you pay for major home improvements when you refinance, even if you have little or no home equity. Continue reading