Articles

Why Is It so Hard to Qualify for a Home Loan? Doesn’t Technology Help?

Some people who want to buy homes are in a bind these days. Rents in 2018 are going higher and are eating into more of people’s paychecks, and home prices are rising in much of the country. Generally, it is better to buy a home than to rent, as you …

Articles

Rates Up, Values Up, Bubble Ready to Burst?

In the past year, more Americans have begun to worry that the real estate market is going to crash. Overall, mortgage rates and home values have gone up in 2017 and 2018. A recent survey found that 58% of the people surveyed though that there could be a price correction …

homeownership
Articles

What Is the Government Doing to Promote Homeownership in 2018?

Many things have changed in the home loan business in the past several years. The government has made some policy changes that generally are making it easier to buy a home in 2018. Here are some of the things that have changed that could help you to become a home …

Articles

Federal Reserve Can’t Raise Rates as Inflation Is Stagnant – What Does This Mean to You?  

When the Great Recession hit, the Federal Reserve reduced key interest rates to all-time lows to try to get the economy going again. Fast forward to 2018, and the economy and stock market are doing well. So now the Fed tends to want to raise interest rates to keep growth …

Articles

Is Legalized Marijuana Strengthening Housing Markets?

Did you ever wonder if legalized marijuana could affect the housing market? A good way to check is to see what is happening to the housing market in Colorado. Marijuana for personal, industrial and recreational use has been legal for almost four years. The verdict is in after all that …

1st time homebuyer
Articles

1st Time Home Buyer Options for the Non First-Time Home Buyer.  See What’s Out There.

If you are looking for a home and a mortgage, you may have seen a lot of advertisements and offers for first time home buyer programs. Below is more information about the programs available, and other valuable information about what a 1st time home buyer is. First, you may qualify …

Articles

Home Prices Rising – Is Now a Good Time to Sell or Wait?

Should you sell your home in 2018? As with most things in real estate, a lot comes down to where you live in the US, and even the specific community. But national trends generally indicate a rising market and a strong economy. Should you sell? Below is more information to …

low credit mortgages
Articles

Are No Income, Low Credit Mortgages Really Coming Back?

You probably are not surprised to know that mortgage lenders like to lend money to people with high credit scores. A good credit score shows you have a strong record of managing your finances. This indicates a high probability the lender will get a good return on their investment by …

Articles

Is Your ARM Adjusting?  Here’s What to Do with Your Bank.

Is your adjustable rate mortgage (ARM) about to reset in 2018? You may want to consider other options this year. At current rates, today’s ARMs will probably reset in the mid 4s, which is considerably higher than just six months ago. Before 2016 or so, it may have been better …

homeownership
Articles

Home-Ownership Is Low Historically but Rising

The home-ownership rate in the United States climbed in the second quarter of 2017 to 63.7%. This suggests the downward spiral in home ownership after the Great Recession is starting to reverse. The increase was almost a full percentage point from 2016, when the number hit a low all time …