Home buyers are always told they should do plenty of shopping for a home loan. In fact, the federal loan estimate closing document that was introduced last year that supplanted the Good Faith Estimate document of years past was created to encourage home buyers to shop for loans before the signed the dotted line and… Read More »
Perhaps by now you have heard about the Equifax security breach, but you don’t know exactly what happened. We want to make sure that you are informed about what the Equifax data breach entailed so that you are armed with plenty of information to protect yourself and your credit. As you surely know, it is… Read More »
All electric cars are the new hot thing. According to the Motley Fool, all electric vehicle sales will increase from 2.4 million to 6 million between 2015 and 2024. And that is just the start. By 2040, it is estimated that EV sales will be 35% of all vehicle sales, which is a huge increase… Read More »
Many Americans today are considering a mortgage refinance as interest rates continue to be very low. Rates did edge upward this year before dropping again, so the buzz for home refinancing has re-surged. In August, 30-year fixed home loans were available for well under 7%, According to Freddie Mac’s weekly survey. With such low interest… Read More »
Many people in the Houston, Texas area are most likely going to have difficulty in paying their mortgages in the months to come. There are thousands of homes flooded facing huge damage costs, and many people in the flooded areas were not required to have flood insurance. Plus, even people with homes that were not… Read More »
People get sick of renting a house or apartment. Why should you be paying for the mortgage of your landlord for year after year? It makes more sense to pay your own mortgage so that you can grow your equity and someday own your home free and clear. For a while, the Federal Reserve has… Read More »
So, it is time for you to buy a home. FHA has become a name synonymous with first time home buyers in the United States, but many some things about FHA home mortgages may not be true, so we will explore this in this article. The FHA home mortgage has been helping home buyers find… Read More »
Active military and military veterans often have a great mortgage loan option – the VA house loan. This government-backed program offers significant financing incentives for military families in the United States. VA home loan programs are backed by the Department of Veterans Affairs and are an excellent option for millions of Americans who are or who… Read More »
Homeowners have a significant opportunity to refinance with cash out that provides many incredible financial benefits. There comes a time in life when you may need to fund a major purchase and you do not have the cash in your savings account. Rather than running up high interest rate credit cards, many Americans choose to… Read More »
Many people don’t realize that they can finance a swimming pool with a home equity loan. While it will always be cheaper to pay cash for your new pool, there are a number of swimming pool financing options to consider. One way to save money on taking vacations is to have a vacation right in… Read More »
