by Marti Reeder | Dec 26, 2016 | Finance, Home Buying, Home Ownership, Interest Rates, Market Conditions, Mortgage, Real Estate, Renting vs. Buying
As the temperature in many areas of the country starts to cool down, you might think that the housing market will do the same. This couldn’t be further from the truth! Here are 4 reasons you should consider buying your dream home this winter instead of waiting for...
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 | Nov 7, 2016 | Credit, Finance, Home Buying, Home Ownership, Mortgage
A good credit history is needed to buy a home, but what constitutes a “good” credit score varies by lender and loan type. For example, to qualify for an FHA loan with a 3.5% down payment, you need a FICO score of 580 or higher. Conventional loans backed by Freddie Mae...
by Marti Reeder | Oct 31, 2016 | Budgeting, Credit, Down Payment, Finance, Home Buying, Home Ownership, Misc., Mortgage
As we said in our Oct. 17 blog post, this is a seller’s market, so it is important that you get pre-qualified or pre-approved for a mortgage. Here’s what you’ll need to qualify in the current real estate market: A down payment. This can range from 5%...
by Marti Reeder | Oct 17, 2016 | Budgeting, Down Payment, Finance, Home Buying, Home Ownership, Home Value, Making an Offer, Market Conditions, Mortgage, Real Estate
Right now we are in a seller’s real estate market, because the number of homebuyers exceeds the number of homes for sale. This means that, to buy your dream home, you need to stand apart from other home buyers. Not only do you need to have professional...
by Marti Reeder | Sep 12, 2016 | Appraisal, Finance, Homeowners Insurance, Mortgage, Reporter
Homeowner’s insurance is insurance coverage that protects your home, its contents and other assets in the event of fire, theft, vandalism, accident, storm or other disaster. Homeowner’s insurance also covers liabilities if someone is hurt on your property. Some...