Getting a mortgage with less than perfect credit
Tuesday, 30 October 2018
Sometimes life throws you a curveball that no one could anticipate, and a bad credit score is one of the many curveballs. Mortgage rates are rising. Having a low credit score today could result in your mortgage getting declined, really bad timing, especially if you’re in desperate need of a mortgage. Tackle this problem One
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Acting on the current mortgage rates
Monday, 15 October 2018
It is no surprise the mortgage rates have hit their highest level in seven years, especially because of the previous five weeks of interest rate growth. At times like this, prospective homebuyers are troubled about whether they should buy a house now or wait for the rates to change. If you have waited until now
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Fear of reverse mortgages
Monday, 01 October 2018
In the news, reverse mortgages—a form of exchanging equity for money—is often portrayed as dangerous and risky for seniors. For example, the Philadelphia Inquirer stated that the hidden risks, deceptive advertising, targeting of minorities, and nullification of intergenerational wealth transfer are all the main reasons that a reverse mortgage is not a very appealing choice
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Early mortgage payoff…
Thursday, 20 September 2018
For many homeowners, paying off their mortgage early would seem like a dream. The dream of ridding oneself of all of the stress that exists with debt from their own home. A mortgage can last decades, and such a debt is daunting to first time homebuyers. With this in mind, paying off your mortgage early
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Determining the best length for your mortgage
Monday, 27 August 2018
A mortgage is most likely the largest loan you’ll ever have! It’s rather important to be sure that you’re getting the best terms on it as a slight misstep can result in additional thousands of dollars in interest over the life of the mortgage. The largest variable in a monthly payment isn’t based on credit
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