Category: Blog

The Top Benefits Of Having Mortgage Debt

The vast majority of people need to take out a loan to purchase a home. While there are many forms of debt that people would rather avoid, some types of debt can actually be positive. This includes mortgage debt. What are a few of the top benefits of having mortgage ...
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What’s Ahead For Mortgage Rates This Week &#...

Last week’s economic reporting included readings from S&P Case Shiller Home Price Indices, the National Association of Realtors(R)’ report on pending home sales, and the University of Michigan’s final consumer sentiment index for September. Weekly readings on mortgage rates and jobless claims were also released.

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Understanding the Reverse Mortgage and How to Best...

If you’ve studied the real estate market recently, you’ve probably heard about the reverse mortgage. This unique tool is a financial arrangement designed for senior citizens who have limited incomes and want to use the equity in their homes to meet their everyday expenses. And although it’s becoming increasingly popular, ...
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An Overview Of the Digital Mortgage Process

Changes are being made to the mortgage application process every year. With access to online-only lenders and a decentralized financial system, more doors are open to potential home buyers than ever before. For example, there are many institutions that are making it easier to apply for mortgages by allowing applicants ...
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Borrowers With Student Loans Might Have An Easier ...

In the past, a lot of potential borrowers were declined for FHA loans due to the presence of student loans. Now, the Biden Administration along with the FHA has eased a lot of their regulations surrounding student loans, making it easier for borrowers with student loans to qualify for a ...
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What’s Ahead For Mortgage Rates This Week &#...

Last week’s economic news included reporting on housing markets, housing starts, and building permits issued. Data on new and existing home sales were published along with weekly reports on mortgage rates and jobless claims.

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Getting Your Mortgage Application Approved As A Se...

A significant number of people are self-employed, which means they might be relying on this income to apply for a mortgage. It is true that people who are self-employed may face additional challenges when trying to get approved for a home loan when compared to someone with traditional W2 income, ...
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Reviewing The Basement Options For Homeowners: Wha...

Even though not every home has a basement, those that do usually fall into one of three categories. The most common examples of basements include poured concrete, masonry block basement, and precast panels. What do homeowners need to know about the different types of bass that construction?

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Worried About Mortgage Rates Going Up? 3 Steps to ...

Mortgage rates have been at record lows for quite some time, making it easy for new homebuyers to finance their dream homes. But what comes down will eventually go back up, and with the world economy expected to rebound in 2016, we’re about to start seeing more expensive mortgages. So ...
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