Joe Gonzalez at CrossCountry Mortgage, Inc.

The FHA Mortgage Minimum Credit Score Has Been Reduced. Here’s What You Need to Know…

Posted on March 3, 2016 by joeglez

If you haven’t heard about the changes to the Federal Housing Administration’s (FHA) credit score minimum, here’s some information on the recent reduction and how it may impact your home purchase.

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4 Facts You Need to Know Before Setting Up a Mortgage Escrow Account

Posted on March 2, 2016 by joeglez

Buying a home involves a variety of nuances and strange-sounding terms, and one of the least understood aspects of the home buying process is the escrow account. Essentially, an escrow account is a third party bank account your lender can require you to pay into in order to cover certain costs related to your home. Your lender uses an escrow account to ensure that property taxes and home insurance fees get paid on time.

If There’s One Mistake That You Make With Your Mortgage…Don’t Make This One

Posted on March 1, 2016 by joeglez

There is so much to know when it comes to home ownership that even wading into all of the information can seem overwhelming. Here are a few ways that you can ensure you’re ready for what a mortgage entails so that buying your dream home will be a positive experience you won’t regret.

What’s Ahead For Mortgage Rates This Week – February 29, 2016

Posted on February 29, 2016 by joeglez

Last week’s economic reports included Existing and New Home Sales and Consumer Confidence along with regularly scheduled weekly reports on mortgage rates and new jobless claims.

3 Quick Painting Tips That Will Help Take Your Walls from Tacky to Tasteful

Posted on February 26, 2016 by joeglez

Whether you happen to be a painting pro or you’ve never dared to pick up a roller, there are a few tricks of the trade that professionals use to make a paint job look its best. Here are a few tips from those who know best.

December Home Prices Rise According To S&P Case-Shiller Home Price Index

Posted on February 25, 2016 by joeglez

Home prices rose slightly in December according to S&P Case-Shiller Home Price Indices released Tuesday. According to the S&P Case-Shiller 20-City Home Price Index, which covers cities representing all nine US Census divisions, home prices rose 5.40 percent year-over-year in December as compared to November’s reading of 5.20 percent.

Buying a New Home? Learn How the ‘Conforming Loan Limit’ Might Affect Your Purchase

Posted on February 24, 2016 by joeglez

‘Conforming loan limit’ may be a less familiar real estate term than the rest, but here are some things you’ll need to know about it and what it could mean for your biggest investment.

How to Calculate Your True Cost of Living and Determine How Much Mortgage You Can Afford

Posted on February 23, 2016 by joeglez

If you’re in the market for a house and are wondering how your income will stack up against the rest of your expenses, here’s how to determine a home cost that’s reasonable for you.

What’s Ahead For Mortgage Rates This Week – February 22, 2016

Posted on February 22, 2016 by joeglez

Last week’s economic news included the NAHB Housing Market Index, Commerce Department releases on housing starts and building permits and minutes of the most recent meeting of the Fed’s FOMC meeting.

Eliminate These 5 Barriers To Saving For Your Down Payment This Month!

Posted on February 19, 2016 by joeglez

With all the expenses that go into monthly living and the temptations that come along with life, saving money for the down payment on your new home can be quite a struggle for many people. If you’re having a hard time saving and are wondering what you can do to ensure a higher bank balance next month, here are a few things that may pose a risk getting the home of your dreams.