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
Adjustable rate mortgage (ARM) loans always grow in popularity when interest rates are on the rise. Some borrowers think ARMs are the best way to save money on their mortgage in a higher rate climate. ARM loans can also be helpful for those who do not pla
Jan 23, 2019 | Adjustable Rate Mortgages Interest Rates
Homeownership Tied to Financial Well-Being Older American homeowners have a greater degree of financial well-being than those who do not own a home, while lower housing costs are also correlated to more positive financial we
Jan 17, 2019 |
Buying a home for the first time is a very exciting adventure, but as with any new experience it can be easy to make plenty of mistakes. In order to make a satisfying purchase, try to avoid these 5 big first-timer blunders. 1. Get Pre-Approved before loo
Jan 16, 2019 | Purchasing a Home First-time Homebuyers Preapproval
Take a look at some of this week's report highlights! The recent drop in mortgage rates has sparked a jump in applications. Mortgage applications were up 23.5% from the previous week. Just over 10% of agents surveyed by NAR
Jan 11, 2019 | loan Mortgage home economy government government shutdown rates