MORTGAGE BASICS FOR THE FIRST TIME BUYER

MORTGAGE BASICS FOR THE FIRST TIME BUYER

Understanding the concept Mortgages are what a lot of people use to buy their home. Mortgages have been instrumental in helping many people, by making that unaffordable house affordable. Some real estate investors make use of mortgages for buying properties. However, … Continue reading

“BREXIT” OF CHAMPIONS

“BREXIT” OF CHAMPIONS

After months of divisive rhetoric on Britain’s exit from the European Union (or “Brexit,” as it is known), voters went to the polls on June 23 stunning investors by opting to leave the economic and political partnership of 43 years. … Continue reading

YOUR WINDOW OF OPPORTUNITY IS OPEN

YOUR WINDOW OF OPPORTUNITY IS OPEN

If you’ve been thinking about refinancing or buying a home, now may be the time to move on it. Rising home prices are being offset by home loan rates that remain near historic lows. Home Prices on the Up and … Continue reading

SOMETHING FOR EVERYONE

SOMETHING FOR EVERYONE

With home loan rates falling for four straight weeks early this year, prospective homebuyers had an easier time purchasing new homes. Low rates also prompted a spike in refinance applications from many Americans pursuing lower monthly payments, which will help … Continue reading

LOWER RATES AND HIGHER HOME PRICES AHEAD

LOWER RATES AND HIGHER HOME PRICES AHEAD

A weaker-than-expected December employment report sent interest rates lower, resulting in more home loan applications in early January. Taking advantage of lower rates, homebuyers’ applications increased by 12 percent, and current homeowners also completed 11 percent more refinance applications, both … Continue reading

TIMING IS EVERYTHING

TIMING IS EVERYTHING

As Tapering Nears, Homebuyers Jump on Purchase Train The Federal Reserve minutes in mid-August narrowed speculation regarding how soon the Fed would begin “tapering” $85 billion in monthly bond purchases. Policy makers were “broadly comfortable” with the plan if the … Continue reading