Rising Mortgage Rates Affect Spending According to Freddie Mac, last week’s mortgage rates continued their upward trend. Since the election, interest rates have seen more ups than downs. 30-year fixed mortgage rates averaged 4.19 percent, when they were just 3.79 percent one [...]

Remove Obstacles Before You Start For most people, a home is the largest investment of their lives. The majority of today’s homeowners will use mortgage financing for this investment. Fortunately, more than 75% of home purchase applications are approved and completed, according to a [...]

Joint VA Home Loan: Non-Eligible Co-Borrowers Special rules apply when co-borrowers who are not married take out a VA home loan. All co-borrowers don't need to be VA-eligible. However, only the eligible borrower's portion of the loan gets a VA guaranty. Entitlements are pro-rated when joint borrowers [...]

Single moms can sometimes have it rough trying to raise their children by themselves and pay the bills. Buying a house on top of all of that seems almost unachievable. But there are loans available and lots of assistance to [...]

How Affordable Are USDA Home Loans? Home buyers looking for a zero downpayment mortgage with low monthly payments should consider USDA home loans. The United States Department of Agriculture (USDA) loan, also known as the Rural Development (RD) loan, requires no downpayment and is [...]

When you sell your home, you should use every technique available to market your property. Price it appropriately for market conditionsand get it in the best possible shape. In addition, there’s one marketing tool that many homeowners forget they can use: an assumable home [...]

Mortgage Rates: The Ups And Downs Thinking hard about buying a home? You’re likely keeping a close eye on mortgage rates, which in part determine how much home you can afford. After all, when rates go up, purchasing power goes [...]

HELOC: Most Homeowners Don't Use Them For This A home equity line of credit (HELOC) works great for home improvement projects or to consolidate debt. But most homeowners never use them for this: to make a down payment on another home [...]

What's Driving Mortgage Rates Today? No major economic reports made their presence felt today, but it probably wouldn't have mattered if they had. The Trump versus Comey contest has all eyes and will likely influence mortgage rates far more than [...]

Home Loan Assistance For The Surviving Military Spouse Members of the U.S. armed forces have an advantage over the non-military home buyer or homeowner. The VA home loan is exclusively for veterans and active-duty service members. This loan comes with low mortgage rates [...]