When you need a chunk of cash for a project, your home may be the best source of funding. Fortunately, you do not need to sell your home to take advantage of your equity. There are two popular and practical ways to pull cash out of your home: a cash-out r
Feb 20, 2019 | Refinancing a Home HELOC
You have found your dream house but it will take significant work to make it a home. You do not have cash in savings to pay for both a down payment and the repair costs. Not to worry - this is not a hopeless situation. Fortunately, there are two types of
Feb 13, 2019 | FHA Loans Purchasing a Home
If you have ever checked out the current status of mortgage interest rates, you may have seen the average points listed next to the rates. What are these points and how do they affect your interest rate? Points Defined Mortgage points, or discount point
Feb 06, 2019 | Interest Rates Conventional Loans Fixed Rate Mortgages
There is so much to do when buying a home, don't forget the details! SOME THINGS TO REMEMBER WHEN MOVING INTO YOUR NEW HOME CHANGE THE LOCKS You don't know the whereabouts of past tenants' keys. UPDATE YOUR ADDRESS For voter regis
Feb 05, 2019 |
When applying for a mortgage, the banks want to know where your money is coming from. Copies of your bank statements are always necessary in the pre-approval process. Here are some tips for making sure that you are prepared. Always provide ALL nu
Jan 31, 2019 |
Mortgage interest rates fluctuate from week to week and they can make huge swings from decade to decade. In the early 1980s, for example, mortgage rates were as high as 18% while roughly 30 years later they are less than a third of that rate. What causes
Jan 30, 2019 | Interest Rates