How Do Mortgage Rates Work? You may be wondering how mortgage rates are decided. Obviously, you want to make surethat you get the lowest rate possible, but how are mortgage rates determined, and what can youdo to make sure you have a low rate? There are several outside factors that affect how mortgage rates are… Continue reading How do Mortgage Rates Work?
Author: Richard Wood
You do Not Need 20% Down to Buy a Home
You Don’t Need 20% Down To Buy A Home It seems like you’ve been trying for years to save enough money for a down paymentfor a home. You’ve cut corners, taken lunches to work and yet, home prices continue torise and your dream of owning a home seems out of reach. Guess what? Maybe you… Continue reading You do Not Need 20% Down to Buy a Home
Expanded Conforming vs Jumbo Loans
Is an Expanded Conforming Loan a Better Option Than aJumbo Loan? If you’re looking to buy in an area where home prices are a bit higher, you might need a slightlybigger mortgage loan to make your homeownership dreams come true. There are jumbo loans,but these often come with stricter guidelines and a higher down payment.… Continue reading Expanded Conforming vs Jumbo Loans
How to use a Gift for a Down Payment
How to Use Gift Money for Your Down Payment You can use gift money from a family member for a down payment on your house.Whether you have been saving for a while to buy a home or are just wondering howmuch is enough for a down payment, you may be able to use gift funds… Continue reading How to use a Gift for a Down Payment
Before you Buy a Home – Check your Credit
Pay attention to credit Before You Buy a Home 5 things you should do before you get serious. Buying a home can be a stressful and confusing time for many homebuyers.But it does not have it be.Five simple things you should do before you buy a home. Tip Number One: Know your credit score –… Continue reading Before you Buy a Home – Check your Credit
Is 2022 the Year to Buy a Home?
5 things you should do before you buy a home
Five Things You Should Do Before You Buy a Home Buying a home can be a stressful and confusing time for many homebuyers.But it does not have it be. Five simple things you should do before you buy a home.One of the first things you should do when you are considering buying a home is… Continue reading 5 things you should do before you buy a home