Tag: Mortgage

Posted on 10/09/2024
What Affects Housing Prices?
Housing prices are constantly changing, which can make both buying and selling a home more complicated. While it’s difficult to predict future changes, it’s important to understand the key factors that affect the housing market and home prices. Here are the five major things that affect housing prices: Economic Change The overall health of the economy is a...
Economy
Home Prices
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Posted on 02/21/2021
Should you Choose a Land Contract or a Mortgage?
Image by mohamed Hassan from Pixabay A land contract and a mortgage have a number of similarities. For example, you can use either option to purchase a home Both loans must be repaid on a monthly basis. Understanding the Differences A land contract is a legal agreement between a buyer and a seller. Rather than a traditional mortgage...
Mortgage
Loans
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Posted on 02/14/2021
Common Loan Terms of the Jumbo Mortgage
Photo by Peggy und Marco Lachmann-Anke via Pixabay A jumbo mortgage refers to a high-priced loan, usually meant for a luxury property. And while this loan may have once been reserved for the millionaire investors of the world, it may not be as exclusive as you think. If you're interested in what it takes to apply, it helps...
Mortgage
Jumbo Loan
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Posted on 01/05/2020
Mortgage vs. Investing: Which is Better for Your Finances
Photo by Andrey_Popov via Shutterstock Often, when discussing ways to get out of debt, the subject of “mortgage versus investments” comes up. If you have a mortgage, your monthly budget likely revolves around paying it first, meaning investment ideas take a back seat. One way to free money up to invest is to pay off the mortgage, and...
Mortgage
Mortgage
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Posted on 10/27/2019
What To Do Before You Refinance Your Mortgage
Refinancing your home can have many benefits. First, you’ll be able to take out money to address immediate needs in your home like improvement projects. These things can only benefit your home’s value in the long term. Before you take the leap to refinance your home, you should be sure that you’re actually ready to take this step. Knowing...
Mortgage
Refinancing
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Posted on 09/08/2019
What Types of Mortgages can you get?
Multiple options are available when it comes to real estate loans. Figuring out which one you need can be disconcerting, to say the least. So, if you’re new to the game, here’s a quick guide to help you along. Standard Mortgages: Conventional – Loans that fall within the FNMA/FHLMC (Fannie Mae/Freddie Mac) guidelines where the Federal government is...
Mortgage
Real Estate
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