Know the Difference Between Mortgage Brokers and Mortgage Lenders

These days, home buyers or mortgage borrowers can easily get information with just a click of a button. Accessible resources are all over the internet if you just know where to look.While these resources are very helpful to a lot of home buyers, it’s still vital that...

Five Facts About FHA Loans

FHA loans are one of the more popular options for mortgage borrowers, some of the benefits of using an FHA loan is it offers lower down payments and they have more lenient lending standards. The Federal Housing Administration, also known as FHA, insures mortgage loans...

How to Prepare for Closin

So after months of preparation, building your credit, and prepping your paperwork, working through the labyrinth of finding a home, getting pre-approval for your financing, you are finally on your way to closing. What a relief, right? Not so fast. There are a few...

So You Have a House Now. What Else Do You Need?

So now you’ve got your priced house key finally on your hands. After months of waiting and negotiating and signing seemingly endless real estate documents, you’re finally free to move in and settle into a new life. You might think: ”The worst is over.”Or so you...

S&P/Experian: Default Rates on First, Second Mortgages Rise in October

“For the first time since January 2017, the default rates for autos, bank cards and mortgages all rose together,” said David M. Blitzer, managing director and chairman of the index committee at S&P Dow Jow Indices, which together with Experian released their...

Wages Now Struggle to Keep Up with Home Prices

The latest US Home Affordability Index datafor the second quarter of the year reveals an unsettling fact about homeownership in the country: it’s getting more expensive to own a home since the crisis hit in 2008.In a recent report provided by California-based housing...

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