Americans rejoiced when they heard the Fed dropped rates to 0%. That has to mean mortgage rates dropped close to 0% too, right? Unfortunately, that’s not the case. In fact, the Fed rate and mortgage rates aren’t directly related. The…
FHA loans may be a little harder to get these days, thanks to the COVID-19 pandemic. The once incredibly flexible loan program has gotten slightly more difficult to obtain, but the FHA themselves haven’t changed a thing. It’s the lenders…
There’s panic running through America and everyone is wondering what their new normal will look like, including their finances. An area many people are concerned about is their mortgage. Refinancing now could possibly save many homeowners money or put them…
The recent coronavirus global pandemic has had widespread impacts to society in the United States. As Americans face new worries about their health and welfare, many have experienced job loss or income reduction as a result of social distancing measure…
Produce has a season. So do sports. But did you know that real estate has a peak season as well? People buy and sell homes all year long but there are certain times of the year when more transactions are…
Coming home from work, slipping into a bathing suit, and jumping into a crystal clear pool sounds great, right? The only thing that could make it better would be following it up by relaxing in the adjoining hot tub. Homes…
Are you thinking about taking out a mortgage to buy a house? Most borrowers have two choices when taking out a mortgage – the FHA loan or conventional loan. Understanding the difference (and similarities) between the two can help you…
Are you dreaming of a vacation with your toes in the sand? Or maybe you prefer a mountain getaway. No matter what your vacation preference are, there are homes available to purchase that can provide you with a place to…
If your financial position has changed or the value of your home has gone up since you purchased it, you may be considering changing the terms of your home loan. If you want to get more favorable terms, lower your…
Over half of American homeowners financed their home purchase and have a mortgage. Banks and lenders like this arrangement because they earn money in the form of interest payments when they loan money to buyers. Buyers like it because they…
