Archive for the ‘Uncategorized’ Category

Getting an FHA Loan Just Got Harder

Requirements to get an FHA loan just got harder as of October 15, 2013.
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When Shopping for Mortgage Rates, Surprises Await

Are you tempted by that low mortgage rate you see on real-estate websites? Get the truth behind interest rates posted online.
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The right way to pay off debt to get a mortgage

Find out the right way to pay off debt to qualify for a mortgage.
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Home Prices Rose 7.7% this Year Through June

FHFA reports price increases due to a tight supply of homes in the current market are enticing more homeowners into listing their properties for sale. Some believe the current big gains in prices are temporary. 
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Pre-Approvals vs. Pre-Qualifications in the Home Buying Process

While the exact meanings of the two terms vary by lender, one is far less desirable and less clearly defined than the other. Savvy home shoppers understand that prior to starting a serious home search, exploring the right mortgage options is crucial. 
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What’s Really Happening with Mortgage Rates?

Mortgage rates have become increasingly volatile in the current housing market. Pre-approved potential homebuyers are at risk for instant change in their ability to qualify. The question remains, should you lock in a mortgage rate? 
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