Are you currently house-hunting or plan to be in the near future? If you plan on using mortgage financing to pay for your home, you will soon discover that there's no shortage of options available to you. You can meet with a local mortgage professional, apply for mortgages online and even download mobile apps that promise to set you up with a mortgage. However, is every option equal?
Let's explore why, in the epic battle of man versus machine, you will want to place your trust in a human mortgage professional.
Get prequalified now! Find out what you can afford. It only takes 30 … [Read More...]
Last week's economic reports included NAHB Housing Market Indexes along with readings on housing starts, building permits and existing home sales. Weekly readings on mortgage rates and new jobless claims were also released.
NAHB: Builder Sentiment Jumps in September, Housing Starts and Building Permits Fall
The National Association of Home Builders reported a four-point increase in its Home Price Index for October. Builders surveyed reported higher confidence in overall market conditions, which resulted in a reading of 68. Analysts had expected no change in the September reading of … [Read More...]
Are you thinking about buying a new house, condo or townhome? Whether you are upgrading, downsizing or investing, if you intend on borrowing the funds you'll need to be pre-approved for a mortgage. In today's blog post we'll explore mortgage pre-approval and why this should be one of your first steps in buying a new home.
Get prequalified here.
Pre-Approval Helps To Determine Your Budget
Get preapproved here and find out all of your options.
Do you know your budget? Mortgage lenders consider many factors when deciding how much they are willing to lend to a home buyer. While your … [Read More...]
Are you in the market for a new home? If you are planning on borrowing some or most of the home's purchase price, you'll want to prepare yourself for the mortgage process. Let's take a look at four key questions that you will want to ask your mortgage professional when you first meet to discuss your home loan.
What's The Best Mortgage Option For Me?
As you probably know, there is a wide variety of mortgage loan options and programs on the market today. You may qualify for a number of mortgage loans along with certain government programs or specialty mortgages. Your mortgage advisor will … [Read More...]
Component readings used for calculating Housing Market Index readings also rose in October. Builder sentiment for current market conditions gained five points for a reading of 75. The index reading for builder perception of market conditions in the next six months also rose five points to an October reading of 78. Builder sentiment for home buyer traffic in new home developments rose one point to 48. Buyer traffic readings seldom exceed a Home Builder Index reading of 50. NAHB Chairman Granger Mc Donald said builders were recovering from the initial shock of damage caused by hurricanes, but … [Read More...]
Are you current or former member of the US military service who is looking to buy a new home? If so, you will be pleased to know that there are some special mortgage programs that are open to you and are referred to as some of the best home loan options in the marketplace. Let's take a look at five reasons why a mortgage backed by the Department of Veterans Affairs is an excellent choice when buying your new home.
Get pre-qualified for a VA Mortgage here and find out your purchasing power now!
You Can Borrow Up To 100% Of The Home's Value
You read that correctly! VA-backed mortgages … [Read More...]