Most of the focus on stimulus checks has been on "when" they will arrive, but if you are in the market for a new home (and mortgage) you should know how that payment will impact your financing. Part of the latest Covid 19 relief package includes payments and protections for existing borrowers and renters, but what about those who are looking to buy? According to the IRS, here are a few things to know about how your stimulus impacts your upcoming mortgage. Stimulus Money Is Not Taxable Any … [Read more...]
Boosting Your Credit Score To Qualify For Better Rates
The better your credit score, the better the mortgage interest rate for which you should qualify. That can mean thousands of dollars saved over the life of the mortgage. If your credit score needs improving, get started prior to your search for a new home. Pay Bills On Time The simplest way to boost your credit score is by ensuring your bills are always paid on time. Nothing harms a credit score more than late payments. Check for Credit Report Errors Check your credit reports for any errors. … [Read more...]
Buying in a Sellers Market
Home buying is often made possible or unreachable due to the local and national economy. Fortunately, what goes up, must come down. So, for buyers who can wait, economic changes in supply and demand can create opportunities. These shifts in real estate are known as buyer’s markets and seller's markets. The seller's market specifically tends to be the harder one for homebuyers. In short, sellers see a lot of demand, so they can command higher prices for a sale. Things are competitive, … [Read more...]
VA vs FHA vs USDA What’s the Difference?
You may have more options than you think when it comes to securing a mortgage for your new home. While many buyers opt for conventional financing, another option or program might be a better choice for you, depending on your personal and financial situation. Learning more about FHA, USDA, and VA loans ensures you get the best possible deal for your mortgage and that you secure the loan that you need for your new home. Here’s what you need to know about these useful mortgage options. FHA … [Read more...]
- « Previous Page
- 1
- …
- 74
- 75
- 76
- 77
- 78
- …
- 173
- Next Page »
