The Predicted Effects of Trump’s Presidency on the 2017 Housing Market
Times are changing in the housing market. Predictions range from another housing crisis apocalypse to significantly appreciating home value. Whether or not you voted for the 45th President, here are some educated guesses about what the 2017 housing market landscape will look like. Elimination of...
Choosing the Right Builder for Your New Home Is Crucial — Here Are the Questions to Ask
Building new or buying a SPEC home is an excellent decision for any homebuyer who is looking to tailor a home to his or her lifestyle. When beginning this journey, the most common first question a homebuyer asks is how can I find the right...
Variable Interest Rate versus Fixed Rate Mortgage: Which is Right for Me?
Take a deep breath, you’ve come to the right place. Let’s get you educated on variable/adjustable interest rate mortgages (ARMS) and fixed rate mortgages so you can embark on your home buying journey feeling confident, informed, and optimistic. I can tell you now that a...
FHA Drops MIP Fees
Big Changes to FHA Means BIG Savings For You. Big news came from the Federal Housing Administration on Monday! They announced that they were dropping the annual Mortgage Insurance Premiums for their loans. It won’t go into effect until January 27. The change is expected...
Four Easy Ways to Improve Your Credit Score
If you’re ready to experience the benefits of home ownership, you’re probably going to need a mortgage loan. And if you’re going to need a mortgage loan, you’re definitely going to need to work with a mortgage broker. Before you do, however, you should be...
Confessions of a Mortgage Broker
I’m a mortgage broker, and there’s something I need to tell you. I run a busy brokerage, and I deal with a whole lot of customers every day. And I can say that without fail, most of them will call us up at some point...
Where Mortgage Interest Rate Comes From?
As you probably know from fooling around with a mortgage calculator, the interest rate on your mortgage loan is critically important. If the interest rate on a 30-year, $290,000 mortgage loan decreased from four percent to three percent, it would result in a savings of...
Mortgage Loan Veterans Are Talking About
If you’re connected to the U.S. Armed Forces in some way, you may have heard about mortgage loans veterans – hands down the best mortgage available today. Created in 1944 to allow for financing to eligible veterans or a surviving spouse (who has not remarried),...
Give Yourself Some Credit
A substantial number of potential home-buyers exclude themselves from the market because of trouble with credit scores in the past, but that doesn’t have to be the case! Although adverse credit events do indeed have a substantial impact on one’s credit score (which obviously affects...
The Sooner You Know Where Your Mortgage Interest Rate Comes From, the Better
As you probably know from fooling around with a mortgage calculator, the interest rate on your mortgage loan is critically important. If the interest rate on a 30-year, $290,000 mortgage loan decreased from four percent to three percent, it would result in a savings of...