Mortgage Market
Is It Better to Build or Buy a House?
The median sale price of a home in the United States has steadily risen over the past year. According to numbers from the Department of Housing and Urban Development, the average “sold” […]
VA Loans: Facts, Myths, and More You Should Know
VA loan fact: The benefits are tough to beat for qualified borrowers (what’s a qualified borrower? More on that later). Another VA loan fact? There’s a lot of not-so-factual information out there […]
Should I Buy a Fixer-Upper? You Asked, We Answered
Home prices these days can be daunting. So, you may be asking yourself “Should I buy a fixer-upper?” to save more money upfront. But is it a good investment in the long […]
School District Impact on Property Values and Home Prices
Did you know? School district impact on property values can influence home prices and home buying trends. It’s back-to-school season and we can’t think of a better way to get into school […]
Multiple Offers on a House? Here’s How to Choose the Best One
Buying a new home often involves selling your current one. And in this market, that likely means you’ll receive multiple offers from potential buyers. So, if you receive multiple offers on a […]
Pre-Qualification vs. Pre-Approval: Which Is Better?
You know those eye-catching envelopes you find stuffed in your mailbox? The ones that claim you’ve been “pre-qualified” or “pre-approved” for a new credit card or car loan? If you’ve been shopping […]
7 Mortgage Facts Every Baby Boomer Should Know
Attention: Baby Boomers. Here are seven mortgage facts you may not have been aware of. If you’re a Baby Boomer (born between 1946 and 1964), chances are you’ve gone through the home […]
How Do I Get a First-Time Home Buyer Grant?
Saving up for a down payment or closing costs can be a struggle, especially if you’re a first-time home buyer. But, if you know where to look, there are plenty of grants […]
Top 12 Confusing Mortgage Terms, Explained
When you start your home loan search, there are a lot of mortgage terms to sort through. Get some clarity the easy way with our roundup of 12 confusing mortgage terms, explained. […]
Who Sets Mortgage Rates? Everything You Ever Wanted to Know
Sure, you can google, “who sets mortgage rates?” and, “why do mortgage interest rates change?” But, you’ll probably be a bit baffled by the results. Is it the Federal Reserve or the […]
Low Appraisals/Appraisal Gaps: What You Should Know
So, you’re buying a house. You crunched the numbers and you’re ready to nail this purchase. There’s just one issue: the appraisal reflects a lower value than your offer. This is called […]
Common Credit Challenges and What You Can Do About Them
Cultivating a healthy credit score is key to getting the mortgage rates you want, but we know that’s easier said than done. The good news is that while some credit challenges may […]