A Potential Federal Interest Rate Increase is on the Horizon: How the Election Comes into Play and Why Now is the Time to Refinance The threat of a federal interest rate increase and the promise of a new president in the Oval Office beginning in 2017 can mean only one thing: something is surely going to change in the country’s monetary policy in the… Read Full Article Share FacebookTwitterLinkedIn
Understanding the Requirements for a Mortgage Loan in 2016 Step one before you start looking for a home is to figure out how in the world you’re going to pay for it. We’d all love nothing more than to pay cash for our dream piece of property, but that’s… Read Full Article Share FacebookTwitterLinkedIn
Staying Afloat: How to Get Underwater Mortgage Assistance If you’re underwater in your mortgage and are beginning to feel the pressure from a rising tide of financial pressure, you’re not alone. Despite some time having passed since the nation’s real estate bubble burst, believe it or not there… Read Full Article Share FacebookTwitterLinkedIn
3 Simple Tips for Small Business Owners Applying for a Mortgage The process of applying for a home mortgage for small business owners is filled with obstacles — some of which are avoidable and others that must be dealt with. One of the biggest challenges, however, involves prospective homebuyers who own… Read Full Article Share FacebookTwitterLinkedIn
What is PMI? How to Avoid or Remove Private Mortgage Insurance Private mortgage insurance, more widely known as PMI, is a necessary evil for some homebuyers engaged within today’s mortgage industry. Similar to how car dealers insist buyers purchase automobile insurance, lenders within the mortgage industry expect certain borrowers to purchase… Read Full Article Share FacebookTwitterLinkedIn
How a Fed Rate Hike Will Affect Mortgage Rates The Federal Reserve appears primed and ready to hike the federal funds rate in the coming weeks, a move that many expect will cause mortgage rates to rise. News of the eventual rate increase was solidified December 3 when Federal… Read Full Article Share FacebookTwitterLinkedIn