Mortgage Headliners: A flood of mortgage applications drive rates higher… How the coronavirus outbreak is moving mortgage… Mortgage rates rise sharply from last week’s record low… Mortgage rates are mixed after hitting all-time lows… Mortgage demand is so high that lenders turn [...]
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 better. How much [...]
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). [...]
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 [...]
Mortgage & Homebuyer Concerns House Prices Are The Culprit Who would have guessed we would be back to the similar movie The Day After Tomorrow? All areas of the housing market are bracing themselves. More then half of the industry are saying the rising of interest rates have been their biggest [...]
The time to finance a home for the best rate could be now, as mortgage rates across the country have reached a low over the last 16 months at 4.12 percent, according to Freddie Mac. This number is quoted for a 30-year fixed rate conventional mortgage, and since Jan. 1, people have been finding [...]
Las Vegas, Nv – In his State of the Union address, President Obama laid out a Blueprint for an America Built to Last, calling for action to help responsible borrowers and support a housing market recovery. While the government cannot fix the housing market on its own, the President believes [...]
What we don't know is how far or how fast this Mortgage Rate rise will be. It is more important than ever to have your Refinance or Purchase file in the hands of a competent Mortgage [...]
Las Vegas is #2 behind only Miami as the best place to buy a home rather than [...]
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