Millennials are saving more than did previous generations. Their forward-looking tendencies are preparing them for homeownership. Continue reading
Archive | Mortgage
RSS feed for this section“Divergent” Author Can Afford A Bigger Home Than Most Writers
Veronica Roth had no problem buying a million-dollar home in Chicago. How do less successful writers fare when buying a home in major literary centers? Continue reading
Would College Students Rather Rent Or Buy A Home?
Today’s mortgage programs make it possible for college students to buy a home. Still, most of them choose to enjoy the freedom of renting. Continue reading
Shop Mortgage Brokers For Lower Rates, More Loan Options
A mortgage broker can give you access to a wide array of lending options. Choosing the right broker is the first step to tapping into these benefits. Continue reading
FHA Income & Debt Rules Affect Approvals
The FHA changed how it treats overtime income, part-time income, and gift funds; and, also how it treats student debt and loans for cars. This is big news for buyers of homes. Continue reading
Buying A Condo With An FHA, VA, Or Conventional Loan
Home buyers are choosing condos for their convenience and affordable prices. Condominium mortgages are easy to find and come with low rates. Continue reading
May 2016 Mortgage Rate Forecast (FHA, VA, USDA & Conv)
Experts said mortgage rates would over 4.5% by now. Instead, they’re in the 3s. For May 2016, there are several threats to low rates. Should you lock today? Continue reading
Why Veterans Make A Downpayment When None Is Required
A VA loan downpayment is never required, but choosing one can reduce home-buying costs and improve your chances of loan approval. Continue reading
Freddie Mac: Mortgage Rates Rise For 2nd Straight Week
Mortgage rates rose for the second straight week but remain near the lowest levels of the last 3 years. Is this your last chance to get cheap rate for a purchase, or to do that home loan refinance? Continue reading
NAR: Home Sales Surging, Spring Housing Market Strong
For the 23nd straight month, the Pending Home Sales Index bested its benchmark reading of 100. It’s no wonder home prices continue to rise nationwide. Continue reading