Real Estate News 1/14/19
Older American homeowners have a greater degree of financial well-being than those who do not own a home, while lower housing costs are also correlated to more positive financial well-being. This is according to a survey titled “Financial Well-being of Older...
Credit Score Requirements For 2019 Homebuyers
Your credit score is the first thing we review when applying for a home loan. While there are many factors involved in qualifying, your FICO is the most critical. The minimum credit score needed in 2019 to qualify depends mostly on the type of home loan you are looking to get.
Real Estate News 1/7/19
Higher rates prices have led to high anxiety among many buyers about whether they can afford the home of their dreams. But many house hunters aren’t aware of a plethora of low down-payment loans that can clear their path to homeownership. Lending experts say the combination...
Is Paying Off Your Mortgage Early Worth It?
Paying off debt as soon as possible is always is a good thing --but does that rule also apply to mortgage debt? Is making an extra payment each month to pay off the mortgage early worth it?
In this week's post, we'll explore the pros and cons of paying off the mortgage early.
Not a homeowner...
Real Estate News 12/31/18
Findings from the National Association of Home Builders' (NAHB's) Housing Trends Survey Report indicate that prospective home buyers take the decision seriously. In its fourth and final report derived from the third quarter survey, NAHB analyst Rose Quint says that 13...