Month: June 2018

mortgage rates drop chart

Mortgage Rates Drop During the Past Week

Mortgage Rate Forecast 2018 Freddie Mac’s most recent Primary Mortgage Market Survey shows that mortgage rates drop during the past week and now have backed off in three of the past four weeks. Mortgage rates remained mostly tranquil heading into the first week of summer, declining five basis points to 4.57 percent. Mortgage Rate Predictions “After a sharp run-up in the early

Read More »
Home Renovation Loans: Why Move When You Can Improve?

Home Renovation Loans: Why Move When You Can Improve?

When it comes to home renovation loans, there are several advantages of selling and moving. For example, your family can avoid the trouble of packing, moving and unpacking; you can save the expense of selling (6 percent to 10 percent of the property value) and buying (2 percent to 5 percent), and you can get exactly what you want by

Read More »
5 THINGS THAT CAN DERAIL YOUR MORTGAGE

5 Things That Can Derail Your Mortgage

1-in-10 borrowers are turned down when it comes to obtaining a mortgage. Here are 5 lending exchange that can derail your mortgage applications. Past credit history The study found that one-in-four denied borrowers (26 percent) were turned down due to their credit history. The good news is that you are continually updating your credit history and can take steps to

Read More »
Real Estate forms

Real Estate Forms to Keep—and What Happens If You Don’t

Your closing company is required by law to keep a record of your closing documents, but it still is smart for you to keep important real estate forms on hand as well. Of the hundreds of documents that you’ll encounter during the home-buying process, Realtor.com says these are some you should be sure to keep and why.   Purchase agreement Every home

Read More »