Latest Blog Posts

Pay down Your Mortgage Faster by Eliminating These Five Unnecessary Household Expenses

Pay down Your Mortgage Faster by Eliminating These Five Unnecessary Household Expenses

The monthly mortgage payment can be one of the most significant household expenditures for a family. However, while it can be a sizeable amount, there are certain household things you may be able to eliminate that will help you put down more money and pay your mortgage off a little faster.

By July 29, 2016 Read More →
Understanding Automated Underwriting and How It Impacts the Mortgage Application Process

Understanding Automated Underwriting and How It Impacts the Mortgage Application Process

From the time you’ll have to wait to the documentation that is required, here are some of the details on what you can expect when dealing with an automated underwriter.

By July 28, 2016 Read More →
Case-Shiller: Home Price Growth Slows in May

Case-Shiller: Home Price Growth Slows in May

According to the S&P Case-Shiller 20-City Home Price Index, home price growth in May dropped to a seasonally adjusted annual rate of 5.20 percent as compared to April’s reading of 5.40 percent. Analysts said that low mortgage rates continue to support housing markets, but also noted that affordability due to rising home prices is sidelining some would-be buyers. High demand for homes coupled with slim supplies of available homes have driven prices up for months; analysts said that “tentative signs” of slower gains in home prices were seen.

By July 27, 2016 Read More →
3 Money-Smart Reasons To Downsize Your Home

3 Money-Smart Reasons To Downsize Your Home

Living big isn’t necessarily living better. Apartment buildings, townhouses and multiplexes have become the new normal for increasing numbers of individuals, couples and families. It’s clear that for many people, smaller spaces are smarter, too.

By July 26, 2016 Read More →
What’s Ahead For Mortgage Rates This Week – July 25, 2016

What’s Ahead For Mortgage Rates This Week – July 25, 2016

Last week’s economic news included readings on builder confidence in housing market conditions, housing starts, building permits issued and existing home sales. Weekly reports on mortgage rates and new jobless claims were also released. The National Association of Home Builders reported that home builder confidence fell one point in July to 59 as compared to an expected reading and June reading of 60. Builders again cited shortages of buildable lots and labor.

By July 25, 2016 Read More →
How to Sell Your Home Quickly in a Buyer’s Market

How to Sell Your Home Quickly in a Buyer’s Market

Everyone wants a place to call home, but that doesn’t guarantee that homeowners will have an easy time selling their properties. Making sales depend on more than just curb appeal or the popularity of open houses.

By July 22, 2016 Read More →
Need to Discuss – 3 Tips When Shopping for a New Home Loan

Need to Discuss – 3 Tips When Shopping for a New Home Loan

Finding a new home loan can seem challenging, but if you take the proper steps before you start applying for loans, you’ll have no difficulty finding a mortgage that works for you – and a lender that would love to have you as a borrower. Shopping for a mortgage isn’t like shopping for a couch, and there’s a lot that goes into the process.

So how can you shop for your new home loan in a way that saves you time and gets you the best loan for your needs? Here’s what you need to know.

By July 21, 2016 Read More →
On a Variable Mortgage? 3 Signs Your Mortgage Payment Is About To Increase

On a Variable Mortgage? 3 Signs Your Mortgage Payment Is About To Increase

For many homebuyers who are new to the market, it can be very comforting to be on a fixed rate mortgage where fluctuating interest rates cannot have an impact on your monthly payments. While a variable rate mortgage can sometimes lead to significant savings at the end of the day, there are a few ways you can tell if your monthly payment is on the upswing.

By July 20, 2016 Read More →
NAHB: Home Builder Confidence Slips in June

NAHB: Home Builder Confidence Slips in June

Home builder confidence fell slightly in June to a reading of 59 according to the National Association of Home Builders Housing Market Index. Analysts had expected no change to June’s reading of 60. June components of the HMI were also lower. Builder confidence in current market conditions dropped by one point to 63; builder confidence in market conditions over the next six months fell three points to a reading of 66. The reading for foot traffic in new single-family developments dropped one point to 55. Readings over 50 indicate that more builders than fewer are confident about housing market conditions.

By July 19, 2016 Read More →
What’s Ahead For Mortgage Rates This Week – July 18, 2016

What’s Ahead For Mortgage Rates This Week – July 18, 2016

Last week’s economic news included reports on inflation, retail sales and weekly readings on mortgage rates and weekly jobless claims.

By July 18, 2016 Read More →