Doug T. writes, “There’s a strange new trend in the office: people are putting names on food in the company fridge to keep them cold. Today I had a sandwich named Kevin.” There are some real estate markets that are anything but cold, but what is a “hot” housing market? … Read More
Mortgage Terminology 101 Navigating the home-buying process can be a challenge, for first-timers and seasoned buyers alike. In addition to looking for the perfect home, prospective buyers need to be knowledgeable about the ins and outs associated with choosing a mortgage, beginning with having a general understanding of the terminology … Read More
Warning: The most popular WORST Mortgage advice and why you should not listen! Getting a mortgage can be a daunting prospect that isn’t at all straightforward. For most home buyers, they want to access a mortgage loan that will help them to purchase the house of their dreams. If that’s … Read More
Rates are again low and banks are loosening up, but sterling credit still pays. After the housing crisis, mortgage lending standards became unreasonably tight for many. In 2014, only 51% of refi applications went through, according to mortgage-software company Ellie Mae, and one that didn’t gained notoriety: That year Ben … Read More
If you’re having trouble saving a down payment, a USDA Rural Development mortgage may be the perfect road to home ownership. The Single Family Housing Guaranteed Loan Program helps lenders work with low and moderate income families living in rural areas to make homeownership a reality. And many areas that … Read More
A veteran with more than two decades in the industry, Susan Meitner founded Centennial Lending Group in 2010 as a different kind of mortgage banker. Click here to read the full article!
Source: fanniemae.com The HomeReady™ mortgage can help responsible homebuyers who have limited down payment funds or unique circumstances, such as extended households, buy a home. It’s an affordable mortgage option designed to help homeowners sustain their mortgage payments for the long run. To be eligible, you must plan to live … Read More
By Freddie Mac VP and Chief Economist Sean Becketti- originally published on FreddieMac.com on January 4, 2016 After more than a year of false alarms, the Federal Reserve finally decided in December to begin tightening monetary policy by raising the federal funds rate. Economists are pondering the impact of this … Read More
Buying a home that needs a little TLC is a great way to develop an investment quickly, but there are varying degrees of “TLC” that you should consider. First, let’s draw a line to differentiate a quick fixer upper and a total rehab. A fixer upper is a home that … Read More
Many people wonder whether they should hire a real estate professional to assist them in buying their dream home or if they should first try to go it on their own. Much like if you’re considering building a custom home, you’ll want competent professionals like randy jeffcoat builders behind you … Read More