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Category Archives: ‘financial tips’
Over the past few years, real estate market prices have been steadily rising, subsequently raising the amount of equity available for your home. For those you who don’t already know, home equity is the interest a homeowner earns from their … Continue reading
If you haven’t thought about it yet (or done so), this summer may be the perfect time to refinance your mortgage. Mortgage interest rates are still very low and have just recently dropped again. If you’re a homeowner with good … Continue reading
One problem facing buyers in the current market is the lack of available inventory. Sellers continue to bide their time. However, buyers do not need to miss out on low interest rates or the ability to purchase in their target … Continue reading
Mortgages Affected: 2014 The Consumer Financial Protection Bureau are enforcing a new set of Qualified Mortgage rules that will start to phase in on January 10th, 2014 and the residential real estate market could be in for some major changes. … Continue reading
When purchasing a home, the interest rate of your loan is of prime importance as it can dramatically affect the amount you pay for your home. Depending on the amount of your loan, a 1 percent difference in loan rate … Continue reading
Did you know there are two types of home equity loans: fixed rate and lines of credit. Both loan types are offered with loan terms that generally range anywhere from 5 to 15 years and require the borrower to … Continue reading