Are You Ready to Buy a Home?

So you’ve finally decided to take the plunge on your dream home. But are you really ready to own it, or should you consider renting? There are so many questions that you'll run into once you decide to buy a home. Buying a home is not something you do on a whim. Rather, it’s a deliberate process [...]

5 Kinds of Mortgages: What’s Right for You

Home buying can be a whirlwind and, unless you are a lottery winner or heir to a fortune, likely includes taking out a mortgage. Choosing the right mortgage loan for your budget includes assessing your income, lifestyle, credit history and qualifications. But it’s not just a matter of finding an affordable option – it’s also [...]

By | 2016-12-14T19:04:03+00:00 Thursday, December 24, 2015|Categories: Mortgage, Uncategorized|Tags: , , , , |0 Comments

Reverse Mortgages: New Rules Make Them Safer for Homeowners

The promises of a reverse mortgage -- never having to pay a mortgage bill again and using your home's equity to finance retirement -- can sound too good to be true. It almost was too good to be true during the Great Recession, when more borrowers were withdrawing most of their home equity at closing [...]

By | 2016-12-23T19:04:29+00:00 Friday, December 18, 2015|Categories: Mortgage, Uncategorized|Tags: , , , , , |0 Comments

Mortgage Rates to Rise

The Federal Reserve's announcement Wednesday that it would reduce its bond-buying by $10 billion a month was seen generally as a moderate start to the highly anticipated taper. As such, mortgage rates, which follow bond yields, did not rise dramatically, as some had predicted. "I was relieved by how the market has reacted so far [...]

By | 2016-12-27T19:40:32+00:00 Wednesday, December 16, 2015|Categories: Mortgage, Uncategorized|Tags: , , , |0 Comments

VA Loans Are A Beautiful Thing

The VA loan program was created in 1944 by the U.S. government as a benefit to veterans for their service to our country. VA loans are not made by the Veteran’s Administration rather the VA provides a partial guarantee to the lenders that provide them. This allows for favorable program features and terms for [...]

By | 2016-12-27T20:15:49+00:00 Monday, December 14, 2015|Categories: Mortgage|Tags: , , , |0 Comments