FHA mortgage insurance rates have just been reduced in an unexpected move that offers the housing market a much needed boost. This .5% across the board MIP reduction will help more home shoppers become homeowners in 2015 and also reduce costs for thousands of borrowers looking to refinance. Read More
So who qualifies for a VA home loan? Odds are you do if you’re a military veteran or spouse with reliable income and decent credit. VA loan requirements have four general areas used to determine applicant eligibility: Read More
During the financial and housing crisis that gave birth to the so-called “great recession,” millions of homeowners found themselves underwater on their mortgages. Many more lost their homes to foreclosure, had to declare bankruptcy, or both. Read More
The home is often considered an “investment.” Many of us buy a home in the hope that it will build equity and that it will be a valuable asset down the road. Of course, being able to tap that asset when you need to is one of the most important aspects of homeownership. Read More
Buying a new home can be a perplexing task in today’s market, even to veteran home owners. Volatile conditions in the housing market and frequent changes to mortgage rules and regulations can make important decisions really difficult to make. Read More
