by John Evans | Nov 20, 2015 | Mortgage Tips
As you can see in the video below, the amount of the down payment the size of the mortgage loan, the interest rate the length of the repayment term and payment schedule will all affect the size of your mortgage payment. In bullets: Down payment Loan size Interest rate...
by John Evans | Nov 19, 2015 | Home Mortgage Tips
Refinancing a mortgage can provide a homeowner with many benefits, and many are interested in refinancing their traditional mortgage into an FHA mortgage to take advantage of low interest rates. Depending on the specific circumstances, this step may lower the monthly...
by John Evans | Nov 18, 2015 | Around The Home
Whether you’re readying to put your home on the market or you haven’t updated your space in a while and want to modernize, approaching renovations can be a struggle. With so many things to fix up, both large and small, it can seem overwhelming to...
by John Evans | Nov 17, 2015 | Home Mortgage Tips
If you’re looking to refinance your home, you’re likely going to benefit from lower mortgage payments. But lower mortgage payments aren’t the whole story with a refinance. A refinance plan may change several key terms of your mortgage agreement...
by John Evans | Nov 16, 2015 | Market Outlook
Last week’s scheduled economic news was sparse due to no scheduled releases on Monday and the Veterans Day Holiday on Wednesday. A report on job openings was released on Thursday along with regularly scheduled weekly reports on jobless claims and Freddie...
by John Evans | Nov 13, 2015 | Home Buyer Tips
Starter homes are incredibly popular for young couples who plan to have a family in the future but don’t need a large place yet. Life moves pretty fast sometimes and many couples find themselves expecting children before they have begun to look for the next...
by John Evans | Nov 12, 2015 | Home Mortgage Tips
If you’re considering applying for a reverse mortgage, you’ll want to ensure you understand certain critical factors. One such factor is the principal limit. The principal limit will have a strong influence on your finances, which is why you’ll need...
by John Evans | Nov 11, 2015 | Home Buyer Tips
With all of the care and consideration that can go into deciding if a home is the right fit, it can add a wrench to the mix to realize that you may not have a lot of time to put in an offer. It’s certainly important to weigh all of the factors of buying a home...
by John Evans | Nov 10, 2015 | Home Mortgage Tips
If you’re in the market for a mortgage, you may want to set up a pre-qualification meeting with a mortgage professional. Even if you’re not 100% sure who you’d like to apply for a mortgage with, pre-qualification can still be a valuable step to take....
by John Evans | Nov 9, 2015 | Market Outlook
Last week’s economic reports included releases on construction spending and several labor-related reports including ADP payrolls, Non-Farm payrolls, average hourly earnings and weekly jobless claims. Freddie Mac reported that mortgage rates rose as the national...