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...]
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.
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...]
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...]
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...]
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...]
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...]