Mortgage Tips
Simple tips to help you save money on your mortgage.A Primer on Mortgage Down Payment Requirements
If you’re in the market to buy a new home or condo, you’ve undoubtedly thought (or stressed) about the down payment. But how much should you put down? How much do you need to put down? Well, back before the ... Read More »
Should You Bother Refinancing Your Current Mortgage Rate?
If you don’t mind, let me beat a dead horse. Mortgage rates are at or near record lows and you could save a ton of money by refinancing. There. I won’t say it again because I know how cliché and ... Read More »
7 Reasons Why You Can’t Refinance Your Mortgage
With mortgage rates so low, just about everyone and their mother has at least inquired about refinancing. Unfortunately, a lot of current homeowners are finding that they don’t qualify for one reason or another. That said, let’s explore some common ... Read More »
Why Adjustable-Rate Mortgages Are Bad News Right Now
With mortgage rates as low as they are at the moment, you may be looking beyond fixed-rate options if you’re in the market to purchase a home or refinance your existing loan. After all, while 30-year fixed mortgage rates are ... Read More »
10 Ways to Build Home Equity
These days, home equity is all the rage. During the housing boom, it was all about tapping into your home equity with a line of credit or a refinance. The whole using your house as an ATM scheme to make ... Read More »
A Mediocre Credit Score Will Cost You Big on Your Mortgage
While there are a number of factors that determine what mortgage rate you’ll qualify for, assuming you can indeed qualify for a mortgage, perhaps the most important is credit score. Why? Well, for one, a credit score can make or ... Read More »
Citi Homebuyer’s Advantage Review
If you’re currently shopping for a new home, mortgage financing should be at the top of your to-do list. Quite frankly, it’s impossible to shop for a home without at least getting pre-qualified, let alone having a pre-approval in hand. ... Read More »
Some 30-Year Mortgage Rates Aren’t Really Fixed
Let’s talk about mortgage marketing for a moment. I’d hate to call it deceptive, since that’s a term used by the FTC and other government outfits to call out shady companies doing less than kosher things. So that may be ... Read More »
Should You Buy a House Now or Wait?
With mortgage rates on long-term fixed-rate mortgages finally slipping into the 3% range, mind you just barely, more fence-sitters may be pondering this very question. From a mortgage rate perspective, it’s a no-brainer. Now could be the best time to ... Read More »
6 Things Holding Renters Back From Becoming Homeowners
A new survey from real estate listing service Trulia revealed that 59 percent of renters aspire to be homeowners, but there are six main issues holding them back. Let’s take a closer look at what they are, and what you ... Read More »
