A recent survey of homeowners and home buyers by real estate website Zillow makes one thing very clear: Many people are confused about mortgages. And by being befuddled, they may be missing out on a historic opportunity to buy a home or... (Read More)
Have you served in the military? The Veterans Affairs Home Mortgage Loan Program is one of the most important benefits available to service members, veterans and eligible surviving spouses. It can help you buy or build a home with some of the most... (Read More)
Mortgage rates have increased. Should home buyers be concerned? Not so much. And here's why:
Rates are still low. Mortgage rates remain low by historical standards. Just ask anyone who purchased a home in the early 1980s!
The housing... (Read More)
Buying your first home? Here are three real estate professionals you'll come in contact with during the weeks ahead as you make the leap from renting to owning your own home:
Mortgage loan officer. Before you look at a single home, you should get... (Read More)
If you're getting ready to buy a home, there are a lot of things you should do, such as getting pre-approved for a home loan. But there are also a few things you don't want to do.
1. Change your job. Now is not the right time to become... (Read More)
With fixed-rate home loans available at such low rates, it's no surprise that they are so popular these days. But if you're comparing all of your loan options before you buy, you might want to take a few minutes to understand today's ARMs.
Why... (Read More)
We all want to keep our personal and financial information safe from identity thieves. But are you unknowingly making it easy for thieves to get the information they need to steal your identity? Here are some easy and effective ways to safeguard... (Read More)
You're ready to buy a home. You have a great job, good credit and you're prepped for the responsibility of homeownership. But what about the down payment? Coming up with enough money for a down payment can be one of the toughest parts of buying a... (Read More)
When is the best time to "lock in" your mortgage rate? And for how long should your lock be effective? If you're buying a home, you'll have to answer both of these questions.
Unfortunately, there's not a one-size-fits-all answer to either one... (Read More)