You’ve followed our guide on 15 ways to save for a new home, and now you have enough to make that down payment. But what if the home you’re looking at needs some TLC — or more than that, some serious renovation? Financing a fixer-upper can be tough, but we’re here to walk you through it! […]
Last month, the Federal Reserve decided to raise interest rates for the first time in nearly a decade. No need to panic. Learn what this means for your mortgage and what you can do to get ahead of the increase. Share this infographic with your house hunting friends and family to help them understand the rate […]
Money moves at the speed of technology nowadays. You file taxes online, bank online, and pay bills online. Why not apply for a mortgage online? Admittedly, applying for a mortgage isn’t always the most enjoyable of activities. It can be time-consuming, paperwork-intensive, and can involve a lot of phone calls and facetime. Even though modern […]
A reverse mortgage allows homeowners over the age of 62 to borrow back money from the many years they’ve spent building equity in their homes. It’s a good option for seniors and retirees looking for additional monthly cash flow, as well as for those who need to make significant home improvements, cover healthcare expenses, or […]
The Federal Housing Administration (FHA) has made several changes to its policies, all of which are included in the latest version of its handbook. The policies took effect on September 14th, when the FHA began implementing the new manual. The handbook, which is also available in PDF form, comes in at a whopping 855 pages and covers […]
According to Realtor.Com, these U.S. cities make for the top twenty real estate markets in terms of supply and demand for July 2015. Compared to the rest of the country these housing markets, on average, receive one and a half to three times more views per listing. Additionally, the inventory is moving at a much […]
Mortgage interest rates have been dropping for the past four weeks. They began to rise in May, and they continued rising, quite a bit, until leaping above the 4 percent threshold eight weeks ago in June. With the economy recovering and housing markets stabilizing, many analysts expected that trend to continue with rates continuing to […]
