If you are thinking about buying a home, now might be a good time to make a move. Home prices are expected to rise over the next year, so buying a home sooner than later might save money. Home Prices … [Read more...]
90 % of Mortgage Borrowers Prefer Person-To-Person Communication with Lenders
Whenever we make a major decision, we like to personally talk to the people who are most involved. So, it makes perfect sense that mortgage borrowers still prefer person-to-person communication with … [Read more...]
Down Payment is #1 Obstacle for Homebuyers
According to a recent study, the down payment is the biggest obstacle to buying a home. Two-thirds of U.S. renters believe that saving for a down payment is the biggest hurdle to buying a home, … [Read more...]
It’s Easier for Borrowers with Student Loans to get a Mortgage in 2017
Changes with Fannie Mae makes it easier for borrowers with student loans to get a mortgage. So in this video, Mary breaks down these changes, and explains how student loan debt is now calculated in … [Read more...]
Qualify for a Mortgage With a Higher Debt-To-Income Ratio in 2017
Fannie Mae made it easier to qualify for a mortgage by raising the debt-to-income ratio. Many people who may not have qualified for a home mortgage earlier this year may now qualify. Learn about … [Read more...]
4 Homebuying Tips for Tech-Savvy Millennials
Millennials are more tech-savvy than previous generations. They grew up with technology, have an innate knowledge of how consumer electronics work, and expect technology to make their lives more … [Read more...]
It’s Easier for Homebuyers with Student Loans to Qualify for a Mortgage in 2017
Many people wanting to buy a home can afford the monthly payment, but can’t qualify for a mortgage because of student loans. To help solve this problem, Fannie Mae implemented new rules this year that … [Read more...]
How To Drop Private Mortgage Insurance (PMI) Without Refinancing
One of the most popular questions from homeowners is how to drop private mortgage insurance (PMI). For some homeowners, refinancing is the best way to drop PMI, because they can also lower their … [Read more...]
LIBOR-indexed ARMs
Although ARMs (adjustable-rate mortgages) are not the best option in every situation, they are helpful in certain situations when financing a home. So in this article, we explain the basics of … [Read more...]
CMT-Indexed ARMs
While financial jargon like CMT-indexed ARMs can be a bit overwhelming at first, all that it takes is a little bit of research to understand the various concepts. So in this article, we discuss … [Read more...]
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