Freddie Mac reports a rise in the 30-year mortgage rate, to 3.50%. Mortgage consumers still have access to rates near all-time lows. Continue reading
Archive | Mortgage
RSS feed for this sectionDon’t “Reactivate” A Collection Account When Applying For A Mortgage
Paying off a collection account isn’t always the smartest move. How to deal with collection accounts when applying for a mortgage. Continue reading
Just 1-In-20 Consumers Predicted Today’s Mortgage Rates
Fannie Mae survey shows that consumers repeatedly miss on mortgage rate predictions. But, U.S. households now think low rates could last. Continue reading
3 Reasons To Pay Off Your Mortgage Early (And 2 Reasons Not To)
Paying $100 extra per month can shave five years off your mortgage. But paying off, or paying down, your mortgage is not the best choice for everyone. Continue reading
There’s No Rule Against Re-Applying For A Mortgage
Don’t give up if your mortgage application is turned down. You might be very close to an approval. Ways to try again. Continue reading
1031 Exchange : Sell Property Without The Tax Hit
A 1031 exchange can be part of an effective tax strategy. As home values rise, rental property owners are seeking ways to limit their tax burden. Continue reading
3% Down payment mortgages for first-time home buyers
Another low-downpayment option is available to today’s home buyers. The 97% LTV program can be used to refinance, too. Q&A plus access to live rate quotes. Continue reading
The VA IRRRL Refinance Mortgage For Military Borrowers: Rates & Rules
The VA Interest Rate Reduction Refinance Loan (IRRRL), also known as the VA Streamline Refinance, waives verifications and credit scores. Get more information, plus access to live VA rates, here. Continue reading
Freddie Mac: 30-Year Mortgage Rates Keep On Giving
Freddie Mac reports 30-year mortgage rates dropping again, and hiding beneath 3.5%. Mortgage rates are down close to 60 basis points (0.60%) from the New Year. Continue reading
Tricks For Closing On-Time With A “Quick Closing” Mortgage
To win their bidding wars, U.S. buyers are offering quick closings to home sellers. Here’s how to do it, and what you need to know. Rate quotes available. Continue reading