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Understanding the “Adjustable Rate Mortgage” (ARM) and How This Type of Mortgage Works

Understanding the “Adjustable Rate Mortgage” (ARM) and How This Type of Mortgage Works

When applying for a new home loan, there are several different types of mortgage programs available to most applicants. While there are various home loan programs to choose from, the most significant difference between the various options relates to a fi

Aug 19, 2015 |

What’s Ahead For Mortgage Rates This Week – August 17, 2015

What’s Ahead For Mortgage Rates This Week – August 17, 2015

Last week’s economic reports related to housing were few and far between other than weekly reports on new jobless claims and Freddie Mac’s mortgage rates survey. Mortgage Rates Mixed, Jobless Claims Up Freddie Mac reported that average mortg

Aug 18, 2015 |

What’s Ahead For Mortgage Rates This Week – August 17, 2015

What’s Ahead For Mortgage Rates This Week – August 17, 2015

Last week’s economic reports related to housing were few and far between other than weekly reports on new jobless claims and Freddie Mac’s mortgage rates survey. Mortgage Rates Mixed, Jobless Claims Up Freddie Mac reported that average mortg

Aug 17, 2015 |

House Hunting in a New City? Three Ways to Determine Which Neighborhoods Are Up and Coming

House Hunting in a New City? Three Ways to Determine Which Neighborhoods Are Up and Coming

If you’re moving to a new city and you’re looking for an affordable home in a nice neighborhood, one great way to get a fantastic home without paying sky-high prices is by choosing a home in an up-and-coming neighborhood. Communities that are

Aug 15, 2015 |

Five Required Mortgage Closing Costs – And A Few Tips On How To Minimize Them

Five Required Mortgage Closing Costs – And A Few Tips On How To Minimize Them

Mortgages are expensive, and closing costs only add to the financial burden that homebuyers face. But with a little knowledge, you can pinpoint places to save on your mortgage closing costs and keep more money in your pocket. When you’re negotiatin

Aug 14, 2015 |

Real Estate Terminology 101: What Exactly Is A “Buyer’s Market”?

Real Estate Terminology 101: What Exactly Is A “Buyer’s Market”?

If you’ve been following the real estate and mortgage industry for any length of time, you’ve probably heard the phrase “buyer’s market” at some point. And although the meaning may seem apparent, it takes some study to under

Aug 13, 2015 |