Last week’s economic reports suggested that demand for homes is rising despite a jump in mortgage rates and rising home prices fueled by low inventories of homes for sale. Demand for homes rose by 1.40 percent as interest rates jumped after the 10-year Treasury rate rose by 10 basis points.
Entries Tagged as 'Mortgage Tips'
What’s Ahead For Mortgage Rates This Week – July 10, 2017
July 10th, 2017 · Comments Off on What’s Ahead For Mortgage Rates This Week – July 10, 2017
Tags: Mortgage Tips
What’s Ahead For Mortgage Rates This Week – October 3, 2016
October 3rd, 2016 · Comments Off on What’s Ahead For Mortgage Rates This Week – October 3, 2016
Last week’s economic releases included reports on new and pending home sales, S&P Case-Shiller Home Price Indices and regularly scheduled weekly reporting on mortgage rates and weekly jobless claims. Readings on consumer sentiment and confidence were also released.
Tags: Mortgage Tips
Eliminate These 5 Barriers To Saving For Your Down Payment This Month!
February 26th, 2016 · Comments Off on Eliminate These 5 Barriers To Saving For Your Down Payment This Month!
With all the expenses that go into monthly living and the temptations that come along with life, saving money for the down payment on your new home can be quite a struggle for many people. If you’re having a hard time saving and are wondering what you can do to ensure a higher bank balance next month, here are a few things that may pose a risk getting the home of your dreams.
Tags: Mortgage Tips
Understanding Title Insurance and How It Impacts Your Mortgage Loan
September 26th, 2014 · Comments Off on Understanding Title Insurance and How It Impacts Your Mortgage Loan
Title insurance protects you and your lender from title disputes and other ownership issues that may arise. Here are just a few ways that title insurance can impact your mortgage.
Tags: Mortgage Tips
How Does An Interest-Only Mortgage Work?
October 2nd, 2013 · Comments Off on How Does An Interest-Only Mortgage Work?
When you have been researching your different options for a mortgage on your home, you might have heard of an âInterest Only Mortgageâ. What exactly does this type of mortgage mean and how does it work?
Tags: Mortgage Tips
What You Need To Know About Mortgage Insurance
September 11th, 2013 · Comments Off on What You Need To Know About Mortgage Insurance
If you are on the verge of buying real estate, you’ve probably heard the term Private Mortgage Insurance. Mortgage professionals talk about it a great deal, but you may be asking, “What is it exactly? And why should I care?”
Tags: Mortgage Tips
It’s Important To Follow These Specific Steps When Using Gift Funds For Your Down Payment
August 21st, 2013 · Comments Off on It’s Important To Follow These Specific Steps When Using Gift Funds For Your Down Payment
As lenders tighten mortgage guidelines for home buyers, minimum down payment requirements are increasing.
Tags: Mortgage Tips
Whatever You Do, Don’t Make These Common Mortgage Mistakes
August 14th, 2013 · Comments Off on Whatever You Do, Don’t Make These Common Mortgage Mistakes
Are you applying for a mortgage on your home? Keep in mind that a mortgage is a major financial decision and choosing one will have a significant impact on the rest of your life.
Tags: Mortgage Tips
Here’s What To Do If You Fall Behind On Your Mortgage Payments
August 6th, 2013 · Comments Off on Here’s What To Do If You Fall Behind On Your Mortgage Payments
What happens if you go through a tough financial period and you find yourself behind on your mortgage payments for your home?
Tags: Mortgage Tips
What Should You To Do In Advance To Prepare For Your Mortgage Application
July 26th, 2013 · Comments Off on What Should You To Do In Advance To Prepare For Your Mortgage Application
If you are applying for a mortgage to buy a home, doing your homework in advance before you submit the application means that you will stand a better chance of getting accepted at a desirable mortgage rate.
Tags: Mortgage Tips