Best Things To Do Now To Get Your Finances Mortgage Ready
You probably already know that qualifying for a mortgage can be the biggest hurdle -- aside from actually finding that dream property -- along the path to home ownership.
Looking to Pay Back Your Mortgage Faster? Three Reasons to Consider Switching to Bi-weekly Payments
What are some of the reasons why it may be beneficial to make two payments a month instead of one? Here are three reasons why you should ditch the monthly fees and make payments once every two weeks.
What’s Ahead For Mortgage Rates This Week – September 18, 2023
The current 30-year fixed mortgage rate hovers around 7.51 percent, one of the highest rates seen in two decades. This is an upward jump from August, where the rates averaged at 7.18 percent. This trend is impacting potential homeowners. Meanwhile, the 15-year fixed mortgage rate stands close to 6.51 percent, mirroring August's average, which rounded off at 6.55 percent.
Understanding the Differences Between ‘Prequalified’ And ‘Preapproved’ For a Mortgage
Are you in the market for a new home? If you are going to rely on mortgage financing to cover some of the purchase cost, you will need to start the application process as soon as possible. However, what if you just need to know how much you will be able to borrow so you can start finding homes in your price range?
Should I Consolidate My Debts with a Mortgage Refinance Loan?
Managing multiple debts can become overwhelming and burdensome. Juggling various loan payments with varying interest rates and repayment terms can lead to financial stress and missed opportunities. One solution that borrowers often consider is consolidating their debts through a mortgage refinance loan. While this approach can be beneficial for some, it's crucial to carefully evaluate its pros and cons before deciding.
Working From Home: 5 Best Tips To Make It Work
Carving out space for a home office isn't always easy, but if you have the option to work from home even part of the time, it's essential to have a space that works for you.
What’s Ahead For Mortgage Rates This Week – September 11, 2023
Last week's scheduled economic reporting was limited due to the U.S. Labor Day holiday on Monday. The Federal Reserve released its Beige Book report and weekly readings on mortgage rates and jobless claims were also published.
Does Your Homeowner’s Insurance Policy Cover Storm Damage?
If you own a home, you must make sure it is properly protected. Hazards can change throughout the year, and one of the biggest threats during the spring is the arrival of frequent thunderstorms. If your home is damaged by a severe storm, it might be covered by your homeowner's insurance policy. You need to take a closer look at your policy to see if you have the right coverage.
Ways That You Can Go Greener On Your Home Improvement
Use eco-friendly materials: Consider using materials that are made from sustainable and renewable resources such as bamboo, cork, or recycled materials. These materials not only have a lower impact on the environment but can also add a unique touch to your home.
What’s Ahead For Mortgage Rates This Week – September 5, 2023
Inflation rose at a pace of 0.20 percent in July and met analysts' expectations. There was no change in the pace of month-to-month inflation from June's reading of 0.20 percent growth. The Consumer Price Index also reported that year-over-year inflation reached 9.10 percent, which was the highest reading since reaching a 40-year high in mid-2022.