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The Pros and Cons of Borrowing the Down Payment for Your Next Home

by guestadmin | Aug 31, 2016 | Home Mortgage Tips

With the rising cost of real estate, many people feel that now is a good time to buy a home to ensure a good financial future. However, if you haven’t saved up enough money to make a down payment, it’s possible you may be considering whether or not you...

Thinking of Buying a Second Home? Assess Your Finances First

by guestadmin | Aug 30, 2016 | Mortgage Tips

The decision to buy a second home may be made for a number of reasons. For example, you may have a destination where you and your family love to spend free time in, and you may be ready to settle into your own space in this location. You may be considering the tax...

What’s Ahead For Mortgage Rates This Week – August 29, 2016

by guestadmin | Aug 29, 2016 | Mortagage Tips

Last week’s economic reports included readings on new and existing home sales, a speech by Fed Chair Janet Yellen, and a report on consumer sentiment. Weekly reports on mortgage rates and new jobless claims were also released. New Home Sales Rise in July as...

Why Your ‘Debt-to-Income Ratio’ Number Matters When Obtaining a Mortgage

by guestadmin | Aug 26, 2016 | Mortgage Tips

If you are looking to buy a home, you may want to consider shopping for a loan first. Having your financing squared away ahead of time can make it easier to be taken seriously by buyers and help move along the closing process. For those who are looking to get a...

The Type of Home You Want to Buy Determines Your Closing Cost and Here’s Why

by guestadmin | Aug 25, 2016 | Mortagage Tips

Savvy home buyers who are preparing to make a real estate purchase should do their research and understand that they need to save money for not only the down payment but the closing costs as well. The closing costs can account for as much as three to five...
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