loans

Follow These Rules Before Refinancing Your Mortgage

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Refinancing your mortgage is a smart move if done right.  If done wrong, however, you could lose money when you have to sell.

      1. Pay Attention to Half Percents

With the current trend of low interest rates,

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Non-Conventional Financing Strategies On the Rise for New Homebuyers

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Non-traditional forms of financing new single-family home purchases remained high in 2014, but the use and mix differed significantly across the country, according to NAHB analysis of a recent Census Bureau Survey of Construction (SOC) data. In the West North Central division, only 21 percent of new homes in 2014 were attained using [...]

5 Mistakes to Avoid When Choosing a Mortgage

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For many people, a mortgage will be their largest monthly expense.  Most homebuyers fail to properly prepare or negotiate and end up paying much more for their loans than they need to. If you clicked on this article, you’re already on the right track. Here are 5 things to avoid when selecting a mortgage.

 

Total Mortgages in Forbearance Decreased this June

Number Of U.S. Mortgages In Forbearance Rises Slightly

For the first time since March, the total number of mortgage loans in forbearance has decreased to 8.48% from the previous week of 8.55% (Mortgage Bankers Association). Currently, there are 4.2M homeowners with forbearance plans.