You refinanced your home mortgage a few months ago, but interest rates have dropped dramatically since that time. Or perhaps you have had a financial emergency pop up and it would be really helpful to tap some of your home equity with a cash-out refi. Is
Oct 14, 2020 | Refinancing a Home
Courtesy of Mindy Leisure, Advantage Credit The question is often asked, “should I pull my borrower’s credit report after the first of the month to see the most updated credit scores?” The assumption being that credit reports upda
Oct 05, 2020 |
The U.S. housing market has been in overdrive for the past several months, as buyers play catch up after the coronavirus pandemic shut down most home-shopping in the spring. Existing home sales in June and July both grew by more than 20% while inventory f
Sep 30, 2020 | Interest Rates Purchasing a Home
There are millions of potential U.S. homebuyers sitting on the sidelines wondering if it is smart to buy their first house in the midst of a global pandemic. Unemployment is the highest it's ever been, COVID-19 cases are still rising in many places, a
Sep 23, 2020 | Purchasing a Home First-time Homebuyers
The U.S. Federal Reserve recently announced its new approach to monetary policy, setting the markets abuzz with rumors. Will mortgage interest rates remain low? Will they jump? Here’s what the Fed’s policy means for mortgage loans. Fed Policy
Sep 16, 2020 | Interest Rates Fixed Rate Mortgages
USDA Loan Defined These are mortgages backed by the U.S. Department of Agriculture. They are designed to help low- or middle-income borrowers buy homes in non-urban areas. USDA loans are not actually made by the government; they are made by traditional m
Sep 09, 2020 | Government Loans USDA Loans