1. The Impact Your Interest Rate Has on Your Buying Power

    Some Highlights: Your monthly housing cost is directly tied to the price of the home you purchase and the interest rate you secure for your mortgage. Over the last 30 years, interest rates have fluctuated greatly with rates in the double digits in the 1980s, all the way down to the near 4% we are ex…Read More

  2. The Federal Reserve has decided to raise mortgage interest rates.

    Fed Hikes Mortgage Interest Rate, Projects More Increases In 2017 The Federal Reserve raised the Fed Funds Rate at its December 2016 meeting. Adjourning from a 2-day session, the nation's central banker voted to increase its key interest rate to a range near 0.50%. It's the first hike in 2016, and o…Read More

  3. Qualifying For A Mortgage After Bankruptcy

    Bankruptcy Is Not The End For most people, the idea of filing for bankruptcy can be scary. The term “going bankrupt” just sounds frightening. For those considering bankruptcy, many questions are likely to come to mind. For example: How will bankruptcy affect my credit scores? How long will it ta…Read More

  4. Skip A Mortgage Payment For Holiday Expenses? If You Refinance

    Skip Your Mortgage Payment Instead Of Skipping The Holidays They say there’s no place like home for the holidays. There’s also no time like the holidays to rack up major credit card expenses that will make you wince once it’s time to pay them off in January. However, there’s one strategy you…Read More

  5. How to buy home with little, no money down

    How to buy home with little, no money down. Homeownership in the United States has fallen to a generational low, and a big reason for this is a lack of first-time homebuyers. In a recent survey by Trulia, 54% of renters cited "saving enough for a down payment" as their biggest obstacle to homeowners…Read More

  6. No Surprise Here: Home Prices Up Again

    In what is getting to be the most predictable housing story of the year, home prices ascended once again, this time in a 6.7 percent year-over-year increase during October, according to new data from CoreLogic. On a month-by-month measurement, prices were up 1.1 percent from September to October. Wa…Read More

  7. New Home Sales Race to Keep Up with Demand

    Some Highlights: Many buyers who are searching for their dream homes are turning to new home construction after 10% of all new home buyers sighted a lack of inventory of existing homes as their reason for purchase. The median home price decreased slightly from September’s high of $314,100 to $304,…Read More

  8. Mortgage Rates by Decade Compared to Today

    Some Highlights: The interest rate you secure for your mortgage greatly influences your monthly housing costs. In the 1980s, 30-year fixed mortgage rates averaged in the high 12s making the monthly principal and interest payment over $2,000. Interest rates are still at historic lows; this is a great…Read More