6 reasons to refinance your mortgage. If you’re a homeowner, you might be hearing everyone—from your neighbors to news anchors—talking about refinancing. So, should you be considering it too? There are many situations in which refinancing your mortgage may be right for you. Let’s go over some of the major reasons: Continue reading “6 reasons to refinance your mortgage”
Could Mortgage Rates Fall to 4.5% Next Year? Many experts think mortgage rates will keep rising, but several experts see a big reversal.
- Mortgage rates have more than doubled over the past year, sitting just under 7% for a 30-year fixed-rate loan.
- Experts are divided when it comes to what’s next.
- Some say that rates will continue to rise to 8% or more, while several experts think we’ll see a big reversal. Continue reading “Could Mortgage Rates Fall to 4.5% Next Year?”
15 Common First-Time Home Buyer Mistakes And How To Avoid Them
Getting a mortgage with a disability may be easier than you think. Some people mistakenly believe they can’t own a home or get a mortgage because of a disability. That’s an understandable misconception. Fortunately, it’s wrong.
Qualifying for these mortgages can be easier than for traditional home loans, and they offer some of the lowest interest rates available. Home loans for disabled persons can be a fast-track to homeownership or a better mortgage than you’re in now. Even if you’ve been turned down for a home loan before, now could be the time to apply for one of today’s programs.
The Best Time Of Year To Buy A House. Does the time of year actually matter when buying a house? The short answer: yes and no.
Seasonality tends to affect factors such as inventory (the number of homes for sale) and purchase price. During spring, inventory is plentiful, but competition among buyers may cause prices to rise. By contrast, home prices may be lower during winter, but inventory is usually limited – and moving in may be more difficult, depending on the weather.
Buying a house is a great investment if you need a home.
Is a home an investment?
Many people don’t think of their home as an investment vehicle. Unless it’s a property you plan to rent out or fix–and–flip, you might think a house is just a place to live. Continue reading “Buying a house is a great investment”