Where you live can affect your final mortgage rate. But you can use local factors to your advantage when rate shopping. Continue reading
Archive | Mortgage
RSS feed for this sectionFHA Smashes Homeownership Barriers In High-Priced Markets
19
May
FHA loan limits are higher across 188 U.S. counties in 2016. Now, families have access to more homes in higher-priced areas. Continue reading
About the Federal Reserve, the FOMC, & the Fed Funds Rate
19
May
The Federal Reserve is the central banker of the USA. How “the Fed” works, what it actually does, and how it affects everyday U.S. mortgage rates. Continue reading
NAHB: Builders See Best Housing Market In 11 Years
18
May
Homebuilder confidence remains strong with the 2016 Housing Market already underway. Builders are signaling to buyers that home prices will climb. Continue reading
Low- And No-Down Payment Loans Boost Housing Starts Nationwide
18
May
As demand surges, U.S. builders are starting more homes than during any period this decade. Mortgage rates are cheap and low downpayment loans are abundant. Continue reading
Today’s Home Buyers Making Smaller Mortgage Down Payments
18
May
Home buyers are putting less money down at the time of purchase. Some of the programs they’re using to get this done, and why being “house-poor” is no good. Continue reading
Purchase Mortgages Leap To 59% Of All Loans Closed
18
May
Low interest rates, rising rents, and loosening mortgage guidelines have pushed purchase loans to a 59% market share. Continue reading
No, you don’t need 20 percent down or even close to it
16
May
Downpayment notions from decades past no longer apply. Home buyers have access to new options that are changing the way people finance homes. Continue reading
2016 Housing: The Falling Costs Of Owning A Home
16
May
Mortgage rates dropped again this week. What should you expect to pay for your mortgage, whether fixed-rate or ARM? Analysis & access to today’s live rates. Continue reading
$165,000 To Move. $165,000 To Remodel. Choose Wisely
14
May
Selling a home and buying another comes with significant costs. Would it be better to build an addition onto your home? Continue reading
