Home Loans

Pay Attention To Your Credit

"It's a good time to think about the ins and outs of buying a house. One factor that can have a big ripple effect on your ability to qualify for a mortgage is your credit card habits. Not sure how plastic plays a role in your homeownership plans? Let's dig into the details..." Continue to original source Image by Sprinno via Wikimedia ... More

What To Do Before Buying A Home

The spring homebuying season is in full bloom, and odds are, if you're reading this, you may be thinking it's time to finally start looking for your first house. But before you dive in, it’s important to get your finances organized and know what you can afford. Here’s a checklist to get you moving toward this major purchase..." Conti... More

Why It Is A Good Time To Purchase A Home

"If you're wondering whether this summer is a smart time to buy a home, then let me cut to the chase. Thanks to still-historically low mortgage rates, housing may never again be as affordable as it is right now. At present, the interest rate on a 30-year fixed rate mortgage is 4.19%. That's the cheapest they've been all year, and they even ... More

Avoiding Homeownership Barriers

"Think you can’t buy a home? Think again. In November 2013, Trulia surveyed renters who want to buy a home, asking about the obstacles that hindered their goal. The survey respondents cited several barriers to buying a home, all of which are listed below. Let’s explore these obstacles to homeownership, and look at how you can ... More

Home Price Appreciation Continues

The Case-Shiller Index increased 0.19% month-over-month and 10.8% year-over-year. Home prices have increased the most in cities like Phoenix, Detroit, and San Francisco. There hasn't been much growth in most Northeast, where judges must approve foreclosure. Image via Twitter/ShillerFeeds Continue to original source More

Fixed Mortgage Rates Are Lower Than Last Year

Freddie Mac released its Primary Mortgage Market Survey results. According to the results, fixed mortgage rates are lower this week than they were at this time last year. 30-year fixed-rate mortgage averaged 4.14%, while it was at 4.46% at this time last year. Image via Twitter/FreddieMac Continue to original source More

How To Get The Best Home Loan Rates

Borrower advice website LoanLove.com has released a guide on getting a down payment on a home. Potential home owners are given advice on the requirements necessary for getting a down payments and factors that can affect rates. Image by Cameronnovak via Wikimedia Commons. Continue to original source More

Credit Moves That Could Effect Your Mortgage

When getting a mortgage, credit can be a major concern, and there are a few key factors that could make or break your mortgage. While in approval stages, there are red flags that could have an impact on your mortgage. For instance, if your mortgage is in its final stages, it is not a good idea to apply for other credit, dispute a credit... More

Mortgage Applications Rise 10%

MBA Applications have jumped 10% after falling 3% the week before. This could indicate that the selling season is beginning after a late start. Image by Andrew Jameson via Wikimedia Commons. Continue to original source More

Housing Slump in China Dragging Down Economic Growth

Lending and sales curbs imposed by the government in China has significantly slowed down the real estate market. Realestate agents, who were extremely busy just 6 months ago, are no longer making sales. "There are no buyers," said Feng, 24. "We take three days off a week. We go out for barbecue and play poker." Some analysts fear that ... More