I recently wrote about the need to put down 20% when buying a home, which although often recommended, isn’t a necessity these days. There are… Read More »Traditional 20% Mortgage Down Payment Could Be Cut in Half
These days, it’s not uncommon for individuals to open a bunch of credit cards in a short span of time to acquire lots of points… Read More »Can Credit Card Churning Hurt Your Chances of Getting a Mortgage?
Wondering when the best time to buy a home is? And the worst time? Well, thanks to data science, we no longer have to guess… Read More »The Best Time to Buy a Home Is in August and September
It’s not very common for mortgage lenders to offer cash back or some other sort of reward for taking out a mortgage. Generally, you might… Read More »Chase Is Offering 75,000 Ultimate Rewards Points When You Take Out a Mortgage
So you just closed on your mortgage and you’re beginning to settle into your new home (and your new loan). You’re assessing the many things… Read More »What Is Mortgage Protection Insurance? And Do You Actually Need to Buy It?
While pundits and fusspots continue to question whether we’re headed for another housing bubble, consider this: The most recent mortgages were among the highest quality… Read More »Today’s Mortgages Are Not Your Older Sibling’s Mortgages
Mortgage lenders have come a long way in the past decade. They used to approve loans without the need for income, asset, or employment documentation,… Read More »Credit Bureau Experian Launches Real-Time Asset and Income Verification for Mortgages
There’s a popular new loan in town that a lot of credit unions seem to be offering known as the “5/5 ARM,” which essentially replaces… Read More »The 5/5 ARM Is an Adjustable-Rate Mortgage for the Faint of Heart
At first glance, I’m wondering why he didn’t list it for $10,999,999, but shoot, he probably has a reason. Legendary investor Warren Buffett has finally… Read More »Warren Buffett Just Listed a Home for $11 Million That He Paid $150,000 For
With home prices (and interest rates) on the rise, it’s getting more and more difficult to qualify for a mortgage. One simple strategy you can… Read More »Pay Down Your Debts Before You Apply for a Mortgage to Increase Purchasing Power
