Mortgage News

  • Qualifying with Self-Employment Income

    Looking for mortgages as a self-employed worker is now many times easier. If you’ve tried to do so before, you’ll understand that it’s traditionally a long process with much more paperwork than if you were employed by someone else. Since while self-e...

  • Is this a good time to sell a house?

    Freddie Mac stated the 30-year mortgage rate averaged 3.75% the week ending July 25, 2019. Interest rates have been staying pretty flat this summer (3.82% as of June 6, 2019). The 15-year rate went from a June 3.28% rate to 3.18% last week. Many are ...

  • Market Updates May 3, 2019

    After falling to 14-month lows in the end of March, it’s only natural—and inevitable—that the rates would begin to rise again. In April, the 30-year fixed rates have grown yet again from the lowest of 4.06% to 4.2%. This week, 30-year fixed rates are...

  • Residential V.S. Commercial Loans

    There is often some confusion when it comes to choosing a Commercial or a Residential loan.  Even though they use the same mortgage system, there’s a completely different set of rules for each one. Residential loans are for one to four-unit homes, co...

  • Spectacular rates!!!

    The rates are at the lowest point in 14 months!! It is an ideal time to refinance your mortgage or buy a home which maybe out of your price range a month ago. This awesome news for home buyers looking for lower mortgage payments for their first mortg...

  • Housing issues in the spotlight

    The mortgage rates have been dropping since February which is a welcome sign for a lot of homeowners or those ready to buy.  Combined with new higher loan limits, the amount of mortgage applications have increased for the past few weeks. The housing ...

  • Deciphering the loan process

    Many reasons can collectively contribute to why a mortgage application gets suspended or even denied. Here are some of the common pitfalls and how to avoid them when applying for a mortgage. Credit scores and utilizing your available credit Higher cr...

  • Improving your home resale value

    Improving the look of your entire house is always a good idea; however there are still some places to focus on to get more money out of a sale. Brad Hunter, the chief economist at HomeAdvisor, states that millennial homeowners are twice as likely tha...

TOP
Show Buttons
Hide Buttons