mortgage

Florida Real Estate News: Risk of Fraudulence, Misrepresentation, and Defects in Submitting Mortgage Loan Application is High in Florida

According to the November 2015 First American Loan Application Defect Index report, Florida has a high risk of fraudulence, misrepresentation, and defects in the information submitted in mortgage loan application due to the high concentration of sales to investors in the said state.

Selling A Home in 2016: What You Need To Know

It's never easy to sell your home - not because it's hard to part ways, but because it's much harder to find buyers now. So if you plan to sell your home in 2016, here are some things you need to know to make the selling process much easier, in addition to grabbing the best deal possible.

5 Biggest Real Estate Deals in 2015: Related Cos., Oxford Properties, Massey Knakal & More

There has undoubtedly been a lot of real estate deals over the past year. As 2015 comes to an end, the New York Post has announced the winners of their "annual Golden Bricks." It's pretty difficult to expect what's going to happen in the next year, given that 2015's biggest real estate deals are already overwhelmingly huge.

Mortgage Application Tips: Things To Avoid Before Applying For A Mortgage

If you are planning to get a mortgage approval, you gotta make sure that your credit score is at a solid condition and that your financial records are clean and clear. Furthermore, there are certain things that the mortgage lenders wants to see in their clients before they can be convinced to provide a loan. But generally, it's all about proving that you will be a responsible borrower. However, there are some behaviors that can easily scrap your application and can take you a step farther from owning a home.

Pending Home Sales In The U.S. Recorded A Drop In November

It is not the season for pending home sales in the U.S. The warmer temperature did not heat up the pending home sales in the U. S. based on last month's record.

Commercial Real Estate News: Commercial-Mortgage Backed Security Loan Prices Increased in November, DebtX Says

The largest marketplace for loans, DebtX, has announced that they have seen an increased in commercial real estate loans under the Commercial-Mortgage Backed Security (CMBS) in November.

Mortgage Term 'Escrow Deposit': What It Means And Where It Applies

Escrow is one word that you'll probably encounter many times during your home buying process. Several escrow types will come up during this time and you may get confused as to where your money will be placed if you use an escrow account. Here is a very quick summary of how escrow works and how it is applied to your home purchase transaction.

The Santa Bubble: Why Mortgage Rates are Up Right Now

During the holiday season, interest rates rise by about 0.25 percent across the board, and buying a home this time won’t make buyers happy because they’re going to pay more for their loan than they would have before December. Here are some reasons why it is called the “Santa Bubble.”

Real Estate News: Majority of Homebuyers to Pursue Home Search Despite Possible Interest Rate Hike by US Federal Reserve, Zillow Says

The United States Federal Reserves are expected to increase interest this week after nine years, but despite the pending interest hike, majority of homebuyers searching for homes are still planning to buy within 2016.

First-time Mortgage Borrowers: What Rookie Mistakes To Avoid

First time mortgage borrowers actually go through a great deal of stress in researching and comparing options. However, learning more about each loan term you encounter is an important part of your mortgage application, so it is still important to put in much effort regardless how tiring it may become. But to make sure you are saved from making the common mistakes first time mortgage applicants make, here is a quick list of what the rookie mistakes are:

Home Buying Process: What Happens At The Closing Meeting?

Home buying through a mortgage is only stressful at the start. At the end of the process, at the closing meeting, everything will fall into place and you can now prepare for home transfer. But before the happy ending, do you have an idea on what happens at the closing meeting? Here are some of the key parts of that meeting and what happens before your mortgage closes:

Fed Interest Rates Increasing; Buyers Rushing In To Apply Before It Happens

The first increase in interest rates in nine years is happening next week. The Fed interest rate is increasing and borrowers are trying to make the best of it before it happens and most of them rushed in to apply last week.

4 Reasons Why 2016 Is the Best Year To Buy A Home

It's literally better to buy now than later, when prices are much higher. Buying a home is definitely a big decision to make. Not only are there several factors to consider, but there's also the budget and location which makes people apprehensive about buying a new home.

Despite Mortgage Rates at an All-Time Low, Buyers are Still Scarce

Rates of mortgages are nearing bottom but people are still not compelled to buy properties. Rates of mortgages are nearing bottom but people are still not compelled to buy properties.

Survey Says Market is Slowing Down, First-Time Homebuyers' Biggest Obstacle is Student Loan

The housing market is slowing and student loan is to blame. The verdict is out: first-time homebuyers cannot afford to do it alone. "America At Home" released it's third annual survey from NeighborWorks America, a group working for affordable housing and community development, and it finds that a lot of factors show the slowing housing market.

A 3.2% Decrease in Loan Application Seen, Interest Rates May Go Higher; Buyers Rush in While Rates Are Still Low

Higher interest rates are preventing entry-level buyers from purchasing homes, on top of tight home supply.

Mortgage Application Dropped with 3.2 percent Due to Rate Increase

Increase in mortgage rates causes the buyers to steer clear from applying for a mortgage loan which resulted to the decrease of mortgage applications by 3.2 percent.

Mortgage Lending Records Highest Figures in Seven Years

United Kingdom's mortgage lending last October was recorded as the highest figures than any points in seven years.

How To Easily Pay Off Your Mortgage

Listed below are a couple of tips on how to payoff one's mortgage as early as possible. Mortgages can sometimes be a long term burden, most especially if you're not keen in balancing your finances.

Mortgages for Condos Could Be A Lot Easier with New Rules

First time homebuyers are often attracted to investing in condominiums being that it is considered as the most affordable option. However, federal rules have not made it easy for them to get mortgages. But that could change with the newly presented rules by the Federal Housing Administration last week, Miami Herald reports.

Should Retired Citizens Pay Off Their Mortgage Debts?

Is it significant to pay off mortgages up until retirement? Mortgage is something that that one could not easily escape from, not unless you'd allow your home to be taken away.