Feeling a little lost as to what you should do when applying for a mortgage? The goal is to be able to prove that you’re financially stable enough to pay the loan you’ll be taking out on your home. Lenders want to see that your credit is in good standing and that you’re financially stable. Here’s […]
Tag Archives: Mortgage loan
I Found a great article today in the real estate section of http://www.msn.com. The main point of the article being that, if you’re looking to buy a home, make sure you get pre-approved for a loan before doing so. Loan pre-approval will let you know how much you can borrow from the bank and at what […]
Interest rates may currently be at a historic low, but they won’t remain that way forever. The cyclical nature of interest rates dictates that eventually the rates will rise again. It’s not a question of “if” so much as “when”. During the recession, interest rates dropped to around 4%(right now they are at about 4.5). […]
An article published on Yahoo! Finance, outlines the potential changes that may occur in the housing market and the government’s role in helping people buy their homes. With the economic recovery starting to pick up steam, policymakers are now devising different ways to avoid a housing bust like we saw in 2006. Currently almost every […]
