There are a number of significant advantages that come with homeownership, and one of the biggest advantages is the ability to take out a home equity loan.
Analyzing The Closing Disclosure: What Everyone Must Know
It is exciting to hear that an offer has been accepted, and many homeowners are ready to move into their new houses as quickly as possible. At the same time, homeowners must take the time to review all documents associated with the purchase
What’s Ahead For Mortgage Rates This Week – February 7, 2022
Last week’s economic reports included readings on construction spending and labor-related reports on jobs and the national unemployment rate. Weekly data on mortgage rates and jobless claims were also published.
How To Deal With An Appraisal Gap
The vast majority of people will need to go through a mortgage lender when purchasing a home. One of the last steps in the purchase process is the home appraisal.
Three Tips To Get The Best Financing On Your Second Home Purchase
Are you buying a property as your second home? Here are some tips to keep in mind that will help you to get the best mortgage on your second property.
Refinancing Your Mortgage: Understanding the Various Types of Refinancing
In today’s blog post we’ll introduce mortgage refinancing and discuss a few of the ways that you can use this tool to help accomplish your financial goals.
5 Uncommon Mortgage Terms You Need to Know
When it comes to finding a new home, there are lots of complex ratios, terms, and contracts that you’ll encounter – and at times, it’ll feel like you’re trying to navigate a minefield. If you’re not careful, you may find yourself signing on for a mortgage that doesn’t suit your needs – or one that could financially ruin you. Here are five mortgage terms you may not encounter regularly that you’ll need to know when buying a home.
What’s Ahead For Mortgage Rates This Week – January 31, 2022
Last week’s economic reporting included readings from S&P Case Shiller Home Price Indices and the FHFA on home prices, data on new home sales, and the Federal Reserve’s statement on the federal interest rate range. The University of Michigan released its monthly survey on Consumer Sentiment and weekly readings on mortgage rates and jobless claims were also published.
Case-Shiller: Home Price Growth Slows in November
S&P Case-Shiller Home Price Indices reported slower home price growth in November. Rising mortgage rates and high home prices sidelined first-time and moderate-income buyers and investors who fear buying at the peak of today’s housing markets only to face lower home values when home prices cool off.
Struggling to Get Approved Because of Your Income? 5 Reasons to Consider a FHA Loan
Buying a home isn’t cheap. But if you’re determined to become a homeowner, the FHA home loan program can help. This loan program, ideal for first-time buyers with low incomes, can help you to build your credit and make home ownership a reality.
Emma Butler Group- Mortgage Tips & Community 