Mortgage Co-Borrower vs. Co-Signer
Today we’ll discuss the key differences between a mortgage co-borrower and a mortgage co-signer. While the two phrases sound pretty similar, and are sometimes used… Read More »Mortgage Co-Borrower vs. Co-Signer
Home Buying
Helpful, actionable tips for prospective home buyers navigating today’s complex and competitive housing market.
Better understand current buying conditions, financing trends, and discover the newest loan programs and special offers available.
It’s not easy buying a home, especially in today’s market, but knowing your local housing market’s temperature, along with the mortgage basics, should make thing a little easier.
If you’re unsure whether to rent or buy a home, read that in-depth article.
There’s a lot that goes into homeownership. And you might have overlooked some costs, whether it’s property taxes, homeowners insurance, or maintenance and unexpected repairs.
It’s a big decision, so put in the time and research before you dive in!
A 1% Decrease in Mortgage Rates Is Worth an 11% Drop in Home Prices
A recent podcast from First American economists discussed the current state of the housing market. The subject was the rebalancing of the housing market, which… Read More »A 1% Decrease in Mortgage Rates Is Worth an 11% Drop in Home Prices
What Are Seller Concessions?
Now that the housing market is turning in favor of home buyers, the phrase “seller concessions” might become a lot more common. Over the past… Read More »What Are Seller Concessions?
Buy a House Before Mortgage Rates Come Back Down?
There is a plausible scenario where mortgage rates continue higher for a short period and then eventually correct. Possibly as soon as next year. At… Read More »Buy a House Before Mortgage Rates Come Back Down?
Marry the House, Date the Rate. What?
Lately, I’ve been seeing the old “marry the house, date the rate” adage thrown around a lot. The idea is relatively straightforward. You buy a… Read More »Marry the House, Date the Rate. What?
Why Homeowners Aren’t Selling
With all the talk of a housing market crash, there’s not a lot of data to support it. Sure, home price gains have moderated significantly… Read More »Why Homeowners Aren’t Selling
The Temporary Buydown: How to Get a Lower Rate the First Couple Years on Your Mortgage
Today we’re going to talk about a “temporary buydown,” the latest effort by the mortgage industry to provide much-needed payment relief to borrowers. In recent… Read More »The Temporary Buydown: How to Get a Lower Rate the First Couple Years on Your Mortgage
What Does It Mean to Be House Poor?
If you’re an existing homeowner or an aspiring one, you may have heard the phrase “house poor,” typically uttered by an overextended borrower. It may… Read More »What Does It Mean to Be House Poor?
10 Ways to Get a Bigger Mortgage: With Home Prices On the Rise You May Need One
With home prices on the rise, and only expected to go higher this year, you might be wondering how to get a bigger mortgage. After… Read More »10 Ways to Get a Bigger Mortgage: With Home Prices On the Rise You May Need One
How Many Homes Should I Look at Before I Buy? One Could Be Enough But More Is Definitely Better
These days, prospective home buyers are spending a lot more time looking at homes virtually rather than in person. This was a trend before COVID-19… Read More »How Many Homes Should I Look at Before I Buy? One Could Be Enough But More Is Definitely Better