How to Determine How Much Mortgage You Can Afford
You should know your mortgage payment limits if you want your home ownership to fit within your budget. Ideally, you should have a stable financial condition before buying a home. In order to calculate how much mortgage payment you can comfortably afford, you should use the same mathematical formulas that lenders use. Here are some […]
Tips for First Time Home Buyers
In the present scenario, home prices have come down in most markets and so have the interest rates. These are enough motivating factors for you to consider buying your first home. If you’re making plans to embark on the exciting adventure of shifting out of rented accommodation and being among the proud first time home buyers, you […]
Should You Refinance?
Refinancing is not a decision to take lightly. If you are asking yourself if you should refinance, the answer is not as simple as a “yes” or a “no.” You should refinance depending on several factors, and before you start the process, you need to know if refinancing is right for your particular situation. It’s […]
5 Reasons Why Getting a Mortgage Will be Harder in 2014
Do you recall the housing market crisis that occurred a few years ago? During this meltdown there was a huge bailout for large lending institutions that was funded by taxpayers. Some financial institutions were underwriting loans, and then selling them to lenders. These institutions were receiving a good amount of money in fees for these […]
Easy Refinancing Steps | You should follow them
Refinancing can seem like a daunting process, especially if you’re not sure you sure do it in the first place! Under the right conditions, refinancing your home mortgage can be a great financial move depending on your goals. Not only can you get a lower interest rate, you can switch from a 30-year mortgage to […]
Refinancing Obstacles and How to Overcome Them
After seeing the rates hit the bottom, the job market and economy are slowly improving, and the government is devising new programs to assist homeowners. Now appears to be a good time to refinance your home. In theory, these factors would normally result in creating a home refinancing boom. But in the real world, locking […]
A Glossary of Real Estate Terms
Are you looking to refinance your current home mortgage? In order to successfully communicate with your mortgage broker, you should know the basic real estate jargon. There are a plethora of terms that those involved in real estate use, and you need to educate yourself to protect your investment in the refinancing process. This glossary […]
Understanding Home Refinancing
If you’re considering getting your home refinanced, you need to know what exactly is involved in the process. This is an important decision and if you go about it in the right way, you’ll be able to save a lot of money. But if you take one wrong step, it might prove to be a […]
How to Improve Your Credit Score to Buy a House
There are obstacles that many people face when buying a home, particularly for the first time. Bad credit is a problem that plagues many potential homeowners. Your credit score is a direct factor in the decision of your loan approval or denial. It also determines the interest rates you will pay on a new home. […]
Top Home Refinancing Tips | Top Tips
If you’ve been waiting for an ideal time to get a home refinance, now is the time to get into action mode. In spite of being slightly underwater on your loan, if you have a good credit rating, some perseverance coupled with reasonable shopping skills can help you bag the best deals this year. Here […]
