You Ask, We Answer: What Are the Pros and Cons of Private Mortgage Insurance?
It’s easy to get Private Mortgage Insurance (PMI) confused with homeowners’ insurance, but PMI is an entirely different thing that may or may not be necessary when it comes to your home purchase. If you’re going to be investing in a home in the near future and are wondering what PMI may mean for you, here are some things to consider regarding this type of insurance.
3 Classic Credit Mistakes to Avoid If You’re Trying to Secure a Mortgage Loan
The mortgage application process can be fraught with a lot of stress on its own, but if you’ve experienced issues with your credit in the past it can be even more taxing. While there may be a lot of things you may not be aware of when it comes to their impact on your credit, here are some things to watch out for if you’re planning on purchasing a home in the short-term future.
What Fees Are Involved With a Reverse Mortgage? Let’s Take a Look
Investing in a home may be one of the most significant purchases you’ll make in your lifetime, but many people forget that there are a number of other costs associated with buying a home. If you’re considering a reverse mortgage and want to be clear on all of the fees involved, here are a few things you can expect to come across.
Yes, It’s True! Why Replacing Your Front Door Can Help to Sell Your Home Faster
There are plenty of things that you’ll need to shape up when you embark on selling your home, whether it’s painting the house or the minor fix-ups, but it’s easy to forget about some items that will be readily apparent to homebuyers. If you’re preparing to put your home on the market and are wondering what you shouldn’t miss, here are a few reasons why replacing your front door should be at the top of the list.
What’s Ahead For Mortgage Rates This Week – May 8, 2017
Last week’s economic news included readings on construction spending, the post-meeting statement by the Fed’s Open Market Committee and labor-related reports including ADP payrolls, Non-farm payrolls and the national unemployment rate. Weekly readings on new jobless claims and mortgage rates were also released.
Let’s Talk Fencing: How to Put a Fence Around Your Home Without Destroying Its Appeal
Many homeowners consider a fence around their property for a variety of reasons, whether it’s to keep the dog in the yard or to maintain privacy. However, the wrong fence can entirely change the look of your property and make a beautiful yard a bit of an eyesore. If you’re trying to determine what kind of fence will work for your home, here are some tips before you start to dig in the dirt.
Refinancing This Spring? How to Choose Between Variable and Fixed Interest Rates
From choosing a real estate agent to finding the right home, the process of getting a mortgage is rife with many different choices. If you’re investing down the road, it’s likely that you’ve heard about variable and fixed interest rates and are wondering about the differences between the two and how they can benefit you. While what will work best for you depends on your financial flexibility and market knowledge, here are some basics that will help you make a decision.
5 Tips for Crafting a Counter-offer That Doesn’t Scare Away a Potential Home Buyer
If you’ve recently put your home up for sale, one of the most exciting parts of the selling process is getting an offer. However, all is not said and done once you’ve received an offer, as you’ll probably want to negotiate a better price. If you’re wondering how you can counter without losing a potential buyer, here are some tips when the time comes to negotiate.
Honesty Is the Best Policy: Why You Need to Be Truthful on Your Mortgage Application
There are few things better than finding your dream home and being able to afford it, but simply because you’ve found the perfect place doesn’t mean you should stretch the truth. It might seem tempting to polish your mortgage application a little in the hopes of making a better impression, but here are a few reasons why you should stick to the truth when signing off on your home.