For the 22nd 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
Archive | Mortgage
RSS feed for this sectionU.S. Home Values Up 5% From Last Year, Hit All-Time Best
Home values have surpassed last decade’s bests, set in April 2007. Current mortgage rates play a role, as does access to low- and no-money-down mortgages. Continue reading
NAR: February Existing Home Sales Figures Best Since 2007
February home sales were strong and home supply remains tight nationwide. Prices are rising. What low-down payment options do today’s buyers have? Continue reading
April 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 April 2016, there are several threats to low rates. Should you lock today? Continue reading
7-Year ARM rates perfect for modern homeowners
Ninety-five percent of mortgage consumers will opt for a fixed rate mortgage, but they could be skipping over significant savings and low risk found in 7-year ARM rates. Continue reading
Divorce and mortgage: What are your options?
There are time-proven ways to handle your co-owned home and mortgage during a divorce. These options will help both parties to come to an agreement that allows each to move on after the separation. Continue reading
VA: 96,000 Veterans Avoided Foreclosure in 2017
VA home loans are among the safest mortgage types available. The U.S. Department of Veterans Affairs actively works with loan servicers to keep veterans in their homes. Continue reading
5 steps to take before making an offer
Home buyers find better homes at lower mortgage rates when they follow a checklist of pre-shopping best practices Continue reading
Use a “rapid rescore” to qualify for a mortgage
A rapid rescore can raise your credit score by 100 points or more within days. It is an important tool for home buyers with errors and other “fixable” items appearing on their credit report. Continue reading
Safely Make A Big Purchase When Buying a House
Making a major purchase can affect your mortgage qualification status. But there are a few smart ways to make big purchases and keep your home loan approval intact. Continue reading