Mortgage Rates March 5, 2020
Mortgage Headliners: Mortgage rates are plunging, but will coronavirus... US mortgage rates sink to a record low on COVID-19 fears... Long-term mortgage rates tumble to record low... 30-year rate falls to record low... Mortgage rates hit a new record low, and they might keep falling... Mortgage rates dip to lowest point record... Wow! Mortgage rates […]
Home Repairs or Replacement?
Being a home owner is often a rewarding experience. Homes need to be continually cared for, and everything inside has a lifespan. Understanding this will ensure their replacement doesn't put you in a bind. Windows 8-40 years Old, out-of-date windows aren't merely an aesthetic problem — they can also lead to higher energy bills. Over time, […]
What is Debt To Income
Your debt to income ratio or DTI, is a figure that allows a lender to analyze your monthly spending habits. They use your DTI to determine how you manage your money. You want your debt to income to be as low as possible to ensure that your chances of being offered a lower rate is […]
Mortgage Rates March 3, 2020
Mortgage Headliners: Mortgage Rates Are Near All-Time Lows As Coronavirus Worries Hit Market There are 11.1 Million Refi candidates, With $2.99B in Potential Savings In rare move, Fed issues emergency rate cut to bolster economy from coronavirus Refinancing Field Day Low mortgage Rates Push U.S. Property Prices Mortgage outlook: Rates continue to slide spurred by […]
Mortgage Rates Feb 27, 2020
Mortgage Headliners: Low mortgage rates drive housing market... Falling rates could boost mortgages ahead... Housing to Get a Jolt with virus pushing down mortgage... US Mortgage Rates Decline; 30-year loan... Corona virus could push mortgage rates to all-time lows... Virus fears push mortgage rates even lower... Mortgage origination hit new highs... Lock Recommended If you're […]
Inspections and the Inspector
An important part of purchasing a home, aside from the financial considerations, is a home inspection. We've provided is a general list of what to expect and what to look out for. The Inspector You need to vet the inspector just as you would with a contractor. Request license- A professional inspector should always carry […]
Hiring a Contractor For Your Home
Avoiding a renovation nightmare. If you're planning your next renovation/build or this is your first go, choosing top contractors for your project is critical. Step 1-Vetting a Contractor Properly Licensed- You can check with your local contractors board (Nevada State Contractors Board). Properly Insured - Request a certificate of insurance for the contractor as well […]
Lifting a Credit Freeze
Un-Freezing Your Credit Report Freezing your credit won't hurt your score, but it will keep an identity thief from opening new accounts in your name which is a good thing. Keep in mind when purchasing a home or refinancing you will need to "Un-Freeze" your reports with the credit bureaus. When a mortgage lender pulls […]
3 Loan Documents You Should Know
Three Loan Documents You’ll Want to Know Buying a new home (or refinancing your current home) is a process that requires quite a bit of paperwork. Thankfully, all of the paperwork isn’t thrown at you at once, instead it comes in stages. At each milestone of the loan process (beginning with disclosures and ending […]
Preparing for Your First Mortgage
Buying a house is not something you should do without some good financial knowledge and advice. Your first mortgage should be thoroughly thought out and well planned. Now that you’re thinking of purchasing a home, use the next 12-18 months or so to prepare yourself. Prepare Your Credit Early Houses are not cheap. In order […]
