by Marti Reeder | Dec 6, 2016 | Economy, Finance, Home Buying, Home Ownership, Interest Rates, Misc., Mortgage
According to Freddie Mac, mortgage rates are on the rise with rates inching up over the last two weeks. In fact, the week of November 23, the 30-year mortgage rate hit above 4 percent for the first time this year. Here are the latest average rates, per to Freddie Mac....
by Marti Reeder | Jul 11, 2016 | Closing Costs, Credit, Disclosures, Down Payment, Finance, Home Buying, Home Ownership, Home Selling, Interest Rates, Mortgage, PMI, Reporter, Taxes, Taxes, Title Insurance
What You Need to Know about Mortgage & Closing Costs Whether you are a first-time homebuyer or a seasoned homeowner ready for your next home, it is important to understand mortgage and closing costs. Here are some frequently asked questions to help you better...
by Marti Reeder | Apr 17, 2016 | Closing Costs, Credit, Down Payment, Finance, Interest Rates, Mortgage, Reporter
This is our second blog post to celebrate National Financial Literacy Month and to help put (or keep) you on the road to financial success. Shopping for a new home is such an exciting process – touring other homes, imagining yourself and your family living in them,...
by Marti Reeder | Nov 30, 2015 | Credit, Finance, Home Ownership, Interest Rates, Mortgage, Reporter
To buy a home, you need to have good credit. SmartAsset says you need a minimum credit score of 660 to qualify for a mortgage loan, but the better your score, the easier it will be to qualify for a home loan. Another benefit to a good credit score is that you may...
by Marti Reeder | Nov 23, 2015 | Closing Costs, Disclosures, Finance, Interest Rates, Mortgage, News, Reporter
Starting October 3, mortgage lenders are required to start using new consumer disclosure forms that break down the costs and terms associated with home loans, said the New York Times. The new rules are designed to make the mortgage loan process more transparent and...
by Marti Reeder | Nov 9, 2015 | Economy, Finance, Home Buying, Home Ownership, Interest Rates, Mortgage, News
Last week the Federal Reserve left November interest rates alone, but economists like Harm Bandholz of UniCredit in New York are anticipating a possible rate increase in December. “The Fed is seriously considering a December rate hike,” said Bandholz in a Reuters...