Category Archives for "Mortgage Stufff"
Family Matters: The Pros and Cons of Selling Your Home to a Family Member
It can be a stressful experience to put your home on the market and wait for offers in the hope that you’ve priced it right. However, for those who are considering selling to family members, the sale of a home can be fraught with just as much stress before and after sealing the deal. If you’re wondering if it’s a good idea to sell to a family member, here are some things to consider beforehand.
Continue readingWhat’s Ahead For Mortgage Rates This Week – July 3, 2017
Last week’s economic news included Case-Shiller Home Price Indices, pending home sales and inflation. Weekly readings on mortgage rates and new jobless claims were released along with a reading on consumer sentiment. Case-Shiller and pending home sales readings suggested that recent rapid growth in home prices and home sales may be easing. High demand for homes coupled with low inventories of homes for sale has created an artificially high rate of home price growth and competition among buyers for a limited number of homes.
Continue readingA Quick Look at Reverse Mortgages: The Golden Ticket to Enjoying Your Golden Years
With a high volume of millennials set to enter the real estate market this year, it may seem like all the available options out there were created to snag new home buyers. However, there are products available on the market that cater to those who are in their golden years too. If you’re older than 62 and are currently weighing the options with your mortgage, here are the basics on reverse mortgages and why they might positively benefit you.
Continue readingDid You Know: With a Little DIY Work, That Garage Can Be Used for More Than Just Your Car
Along with the family vehicles, the garage may be the place where all of the things you don’t want in your house go to disappear. However, you might not be aware that there are a number of DIY hacks you can use for your garage that will instantly make it a more useable space. If you’re wondering how you can fit more in while improving the aesthetic appeal of your garage, here are some tricks to test out.
Continue readingCase-Shiller: Home Price Growth Slows in April
Case-Shiller’s National Home Price Index indicated slower home price growth in April. Year-over-year, home prices rose 5.50 percent in April as compared to 5.60 percent in March. Year-over-year readings are calculated on a seasonally-adjusted annual basis.
Continue readingWant a Quick Mortgage Approval? Come Prepared With These 5 Key Items
Whether you’re finally prepared to get into the real estate market or you want to know how you can make a deal quick, there are a few necessary documents you’ll need to prove your reliability to a mortgage lender. If you’re wondering what will be involved in getting the application approval you’re looking for, here are the documents you’ll want to have on hand when the time comes.
Continue readingWhat’s Ahead For Mortgage Rates This Week – June 26, 2017
Last week’s economic news included readings on sales of new and previously owned homes. Despite expectations of lower sales in both categories, sales surpassed expectations and April sales. Analysts were concerned about extremely tight inventories of available homes limiting home sales and did not expect May home sales to increase.
Continue readingTBD Mortgage Approvals, Quicken pulls a Zillow, Rates, FB Page Videos & More (Weekly Mortgage Update 6/23/17)
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Continue readingUnderstanding How Mortgage Calculators Work and When to Make Use of One
Investing in a home is a big financial decision, and along with the decision to buy is the question of how much mortgage you’ll be able to afford. While your debt-to-income ratio can be helpful in determining the range for your mortgage amount, a mortgage calculator can be a beneficial tool in coming to a potential price. If you’re curious about how and if this financial tool can benefit you, here are the details about using a mortgage calculator.
Continue readingSummer’s Here! Freshen up Your Home Decor With This Summer Color Palette
Now that the summer season has arrived, it’s time to enjoy the warm weather and cooler clothes. You might also be thinking about making some design changes to your home to welcome the season and indulge in its brilliance. If you’re looking for some new color schemes and how you can use them to amp up your home, here a few brightly-colored suggestions to try out for yourself.
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