Useful Tips
The Ins and Outs of Temporary Buydowns: A Guide for Homebuyers
When it comes to securing a mortgage, the myriad of options available to borrowers can be overwhelming. One often overlooked tool in the mortgage toolbox is the "temporary buydown." While this financing option may not be as common as fixed-rate or adjustable-rate mortgages, it can be an excellent choice for certain borrowers....
The Race for Equity: Choosing the Right Loan Program
Those who take property ownership seriously often look for options to build equity at a faster pace. An aggressive approach is to select a 15-year loan program over a 30-year mortgage.
A 15-year loan works well for home buyers budgeting time and money, those who are possibly looking forward to a debt-free retirement, or tho...
Waiting to Save a 20% Down Payment Can Cost Homebuyers Money
Harriet – a.k.a. my mom – used to preach to me, “Never put off until tomorrow what you can do today.”
She pulled out that old adage to nudge me to do something she wanted done now, but that I, in all honesty, didn’t really care to do – today or tomorrow, for that matter.
In contrast to her anti-procrastination advice, to av...
Winterizing Checklist
Follow this handy list (and check it twice) to make sure your home is secured against the winter elements.
Heating system: The colder it gets, the more it costs to fix, so check your heater well before winter. Follow seasonal maintenance in the owner's manual. Change the air filter.
Cooling system: Hose down fan blades and ...
With Fall Comes Falling Rates
In the 3rd quarter, housing activity was as slow as the dog days of summer. But in October, the autumn air came and with it brought the lowest home loan rates in over a year, according to Freddie Mac.
A market-wide Stock selloff resulted in relief for the Bond market. And since home loan rates are tied to Mortgage Bonds (als...
Recent Articles
- FHA and VA Refinance Options
- Hometown Heroes Gets $36 Million More in Funding
- The Ins and Outs of Temporary Buydowns: A Guide for Homebuyers
- Waiting to Save a 20% Down Payment Can Cost Homebuyers Money
- Federal Housing Administration announces significant decrease in mortgage insurance premium for certain FHA-insured mortgages
- I want to buy a home? Where do I start?
- Federal Housing Administration announces significant decrease in mortgage insurance premium for certain FHA-insured mortgages (2)
- Planning Your Mortgage and Seeking Pre-approval
- Winterizing Checklist
- With Fall Comes Falling Rates