There are many misconceptions about the credit score needed to buy a house. Recently, it was reported that 24% of renters believe they need a 780-800 credit score to be considered for a mortgage. The reality is they are misinformed! Only … [Read more...]
Financing a Home Purchase
The following articles will give you more insight into factors around financing a home purchase. When you reach a point where you think you want to buy, please let me know and I will connect you to a fantastic local lender that can answer your questions and speak specifically to your situation.
Act Before Your Luck Runs Out! Is It Time To Buy A Home This Spring?
Don't Let Your Luck Run Out! Buy A Home This Spring. Some Highlights: Mortgage Interest Rates for a 30-year fixed rate mortgage have dropped to 4.41% from near 5% in 2018 (talk to a loan officer for your specific rate). Take … [Read more...]
Applying for a Mortgage? Here Are 7 Things To Avoid.
Congratulations! You’ve found a home to buy and have applied for a mortgage! You are undoubtedly excited about the opportunity to decorate your new home! But before you make any big purchases, move any money around, or make any big-time … [Read more...]
Mortgage Interest Rates Hit New 12-Month Low!
According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018! Last week’s survey results … [Read more...]
10 Questions to Ask Your Mortgage Lender
When you're looking for a new house to buy, selecting a property is only half of the battle. You also want to be sure that you're choosing an excellent mortgage lender who will work with you to allow you to purchase the home you want, set … [Read more...]
Mortgage Cost Across Time [INFOGRAPHIC]
When you buy a home, you are basically paying two entities: the seller of the property you are buying, and your lender for the money you are using to buy the home. It is easy to focus on the price of a property because it is easily listed … [Read more...]
Is the Recent Dip in Interest Rates Here to Stay?
Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August to close out the year at 4.55%, according to Freddie Mac’s … [Read more...]
How to Save Thousands of Dollars in Interest on Your Mortgage
One of the most common loans you can get to buy a home is a 30-year fixed rate mortgage. If the thought of paying for your home over the course of 30-years seems daunting, here are some easy ways to shorten that term which will actually end … [Read more...]
No Bubble Here! How New Mortgage Standards Are Helping
Real estate is shifting to a more normal market; the days of national home appreciation topping 6% annually are over and inventories are increasing which is causing bidding wars to almost disappear. Some see these as signs that the market … [Read more...]
Where Are Interest Rates Headed in 2019?
The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where mortgage interest rates are forecasted to go when … [Read more...]
Renting Out Your Old Home and Buying a New Home: Things to Consider
Things to Consider When Renting Out Your Old Home to Buy a New Home When most people buy a new home, they pay for most of it by selling their old home, if they can. This is the generally accepted approach, and most people do just fine this … [Read more...]
5 Ways To Improve Your Credit Before Buying a New Home
So, you've decided you want to buy a house and will need a mortgage loan. You're through being a renter, and you are ready to settle into your own space. However, before you get too far ahead of yourself, it's important to make sure your … [Read more...]
