Friday , January 19 2018
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Mortgages

Mortgage Payments vs Rent Payments

The rent versus buy debate is a hot topic these days. If you are on the fence about whether to buy, having a clear understanding of mortgage payments and rent payments can point you in the right direction. It is not uncommon that your mortgage payments can be lower than …

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Ultimate Guide about The Mortgage Qualification Process

Before you begin your house-hunting process, it is important to be well-informed about how much you can afford and what extra amount you need to purchase your dream home? By planning ahead, you save your time in the long-run and can make your home buying and mortgage qualification process smoother. …

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Home Possible Advantage Mortgage A Smart Choice For First Time Home Buyers

Home Possible Advantage Mortgage - Smart Choice For First-Time Home Buyers!

According to  NAR, first time home buyers face more obstacles than repeat buyers and account for 1-in-3 homes sold nationwide. One of the biggest obstacles when purchasing a home is saving for the down payment. The second hurdle potential homeowners faced was poor credit history, making it more difficult when trying to qualify for a mortgage. With low mortgage rates and low down …

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FHA Mortgage Rates Touching Highest Peaks For Homeowners

homeownrs-mortgage-rates-highest-peak

According to the Mortgage Bankers Association (MBA), for the first time since 2006, FHA mortgage delinquencies jumped in the fourth quarter to 9.02% from 8.3% in the third quarter. This troublesome signal in the housing market could put taxpayers at risk. MBA CEO David Stevens said: “We had been experiencing …

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What Do Lenders Look For When Applying For A Mortgage?

Learn about mortgage

It’s January and the New Year is now in full swing. For those who plan to purchase a home this year, it’s time to educate yourself, start planning, and get moving! There are certain “healthy habits” you need to implement before purchasing your dream home. Habit No. 1: Accumulate your …

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