There's a lot of flexibility and personal freedom associated with self-employment that can be a great benefit to your lifestyle and your pocketbook. However, because of the somewhat unpredictable nature of self-employment, it can make acquiring a mortgage a little more difficult. If you've recently become self-employed or have been in the game for a while, here are some things you may want to consider before submitting your mortgage application. Putting More Money Down 20% is often considered … [Read more...]
After the Sale: The Next Steps and What You’ll Need to Do Before You Move Out
Getting an offer on your home can certainly make it feel like the hard part is over, but even after the deal is sealed there's still a lot to do when it comes to moving out. Whether you're getting prepared for a future move or your buyer has just signed on the dotted line, here are the first steps to take once it's certain your property is off the market. Start The Packing For many people, packing is something they would rather put off until the last minute, but boxing up your stuff is actually … [Read more...]
What’s Ahead For Mortgage Rates This Week – December 19, 2016
Housing news was boosted by the National Association of Home Builders Housing Market Index, which posted its highest readings since July of 2002. In other news, the Federal Reserve's Federal Open Market Committee voted to raise the federal funds rate and Fed Chair Janet Yellen gave a press conference. Mortgage rates rose and weekly jobless claims fell. Home Builder Confidence Highest in 14 Years, Home Construction Lags According to the National Association of Home Builders, builder confidence in … [Read more...]
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