It could turn out like a really bad marriage, and you just can’t bail yourself out of it. So, it’s not unwise to be quite picky about getting into a mortgage deal, and try to be a little bit coy about it. So, here are some tips you might want to consider on how to find the right one for you.
The Federal reserve has a "strong case" to increase the interest rates this June, says Federal Reserve Bank of Richmond president Jeffrey Lacker. With the possible increase in rates, should the housing market be worried?
The real estate market across the country bristled with reinvigorated sense of energy brought about by the coming season. They are taking advantage of the more aggressive spring home buyers this 2015. And, almost on cue, the home sale for newly built house and re-sales have gone up recently as reported by the Realtor.com.
Credit scores getting better, receiving a pay raise, and mortgage rates hitting rock bottom; these are just some of the reasons you should be buying your new house. But, there are some serious road bumps on your way to be a happy camper if you aren't judicious enough to know the pitfalls and the red flags. Here are some tips you should ponder on.
In simple terms, refinancing is asking a lender to reconstruct your existing mortgage terms to obtain a more favorable one. While you get to have new mortgage terms, your original loan is also paid off in the process.
Average long-term mortgage rates in the United States fell this week. According to USA Today, decrease in the rates were almost par with historically low levels during the beginning of the home-buying season for spring.