If you are looking for a deal on a home, one of the best ways to get one is by buying a pre-foreclosure home. Typically, you’ll see pre-foreclosures homes listed as a ‘short sale.’ In other words, lenders are willing to take a smaller amount that the owner owes and consider the mortgage paid in Read more
Archives for February 2019
Do Mortgage Interest Rates Have an Impact on the Housing Market?
Mortgage interest rates change often. They change due to a large variety of factors including the supply and demand of homes and the state of the Federal Reserve. But do those fluctuating interest rates affect the housing market?Looking for Current Mortgage Interest Rates? Click Here.They do Read more
Can you use Partial Entitlement?
As a veteran, you receive entitlement to purchase a home up to $484,350 with no down payment if you have full entitlement. But what happens when you don’t have full entitlement any longer? You can have entitlement tied up in your current home or you could even lose some if you lost a home to Read more
Are Rates Going to Stay Low?
Mortgage rates have seen a low as the year 2018 came to a close. Low rates help many borrowers qualify for a loan, making the housing market boom. Are these low rates here to stay or is this another quick fluke?Compare Offers from Several Mortgage Lenders. The Prediction Fannie Mae and the Read more
Which Loan Should You Use as a First-Time Homebuyer?
Have you heard that the FHA loan is the best first-time homebuyer’s loan? In fact, it’s been known as only a first-time homebuyer’s loan for many years. That’s not the case, though. First-time homebuyers can use any type of financing that is available in today’s market. What you need to decide is Read more
