The economic turmoil of the last 18 months drove many people out of work, forcing them to put a hold on their plans, including their homebuying plans. However, by maintaining your finances and with … [Read more...]
5 Tips to Save Money for a Mortgage Down Payment
Although there are mortgages that don't require a down payment, most people qualifying for a home loan will need to make a down payment that typically ranges from 3.5% to 20%. As a result, … [Read more...]
3 Tips to Securing a Better Mortgage Rate
The best way to ensure you get a reasonable rate on your mortgage is to become an informed buyer. The more you know about mortgages, the more you’ll be able to save, and that doesn’t just mean knowing … [Read more...]
Hottest Housing Markets: April 2021
The homebuying season has begun, and so far, the Midwest and Northeast Markets see the most success. The early success from these markets signals buyers are eager to purchase homes now rather than … [Read more...]
What Factors Determine Mortgage Rates?
When applying for a mortgage loan, it is beneficial for homeowners to understand the factors that affect mortgage rates. Some of these factors can be controlled by the homeowner, while others are out … [Read more...]
FHFA Refinance Program Could Save Homeowners Hundreds Every Month
The Federal Housing Finance Agency (FHFA) has announced that Fannie Mae and Freddie Mac will soon offer a new refinance program for low-income borrowers. Eligible borrowers will have access to a … [Read more...]
Loan Estimates (LE)
Good Faith Estimate, now referred to as "Loan estimate" (LE) is an estimate of what the costs of financing your home are expected to be. Some of these closing costs are not controlled by the lender, … [Read more...]
Getting Your Credit Report
Credit reports list your bill payment history, loans, current debt, and other financial information. Credit reports also provide information, such as where you work and live or if you have ever filed … [Read more...]
Florida Housing Market is Booming
At the beginning of 2020, home sales declined as the pandemic took hold of the U.S. However, partly powered by historically low interest rates, the market picked up during the summer and hasn't … [Read more...]
Lakeland Florida Ranked #1 Fastest-Growing Retirement Town
The number of retired Baby Boomers more than doubled in the United States, with 3.2 million more Baby Boomers retiring last year than in 2019. The rise in retired workers has impacted retirement … [Read more...]
