The Federal Reserve hiked short-term interest rates last Wednesday in a move largely predicted by economists, and it also suggested that three more additional increases could occur in 2017. So how exactly does this affect rates on mortgages. Will Fed interest rate increases raise rates on ... » Learn More about Will Fed interest rate increases raise rates on mortgages?
Mortgage Tips
Home-ownership investors assist with down payments
A buying program called home-ownership investors can assist buyers purchase a larger home than they could otherwise afford or, in some cases, help an individual qualify for a property he or she may not afford otherwise. Home-ownership investors assist with down payments On the front end, the ... » Learn More about Home-ownership investors assist with down payments
Precisely what credit score do you need to check?
Let's ensure that it stays real, OK? When it comes to credit scores, numbers - namely, your three-digit score as well as the amount you have to pay to gain access to it - are all what really matters. In simpler terms, it doesn't matter what kind of credit score you obtain - whether FICO or ... » Learn More about Precisely what credit score do you need to check?
Well-known Blunders First-Time Home Buyers Commit
Look out for these blunders before you take the leap into buying a home. Are you a first-time home buyer and have no idea where to start? Well-known Blunders First-Time Home Buyers Commit Common Blunders Listed here are three blunders first-time buyers may encounter on the purchase ... » Learn More about Well-known Blunders First-Time Home Buyers Commit
HAMP out and new foreclosure reduction put in
Freddie Mac announced that the Freddie Mac Flex Modification foreclosure prevention program will replace the Home Affordable Modification Program or HAMP that expires at the end of 2016. Both programs were designed to assist at-risk families reduce their monthly mortgage payments. HAMP out and ... » Learn More about HAMP out and new foreclosure reduction put in